PETER PUCILLO
Argyle,Tx
Summary
Seasoned Executive Director with extensive experience at major financial institutions specializing in strategy development, financial management and digital product management. Demonstrated expertise in technology business case development, commercial transactions, vendor management and talent development. Successfully leading transformative projects that enhanced operational efficiency and capacity. Notable achievements include significant improvements in financial management and leadership effectiveness, driving business growth. Committed to leveraging skills to further advance organizational objectives.
Overview
20
20
years of professional experience
Work History
Executive Director - Digital Product Management
Wells Fargo & Company
Irving, TX
11.2020 - Current
- Developed a strategic six year roadmap for Wells Fargo to build four datacenters consolidating the existing eight datacenters. The roadmap development process examined a build to own vs. a build to suit solution. This site /vendor selection process evaluated geographic risks, land availability, developer track records, utility power, network diversity and other decision considerations. We completed a detailed RFP process evaluating 3rd party providers and developer proposals resulting in an the award of a ten-year, $837 million build to suit datacenter development contract.
- Partnered with engineering teams to develop a project to expand our new datacenters increasing our existing datacenter capacity from 32 MW to 72 M for a $465 MM investment through a commercial transaction with our development vendor. This expansion was driven by the evaluation incoming infrastructure demand and available datacenter capacity.
- Created a product construct for all physical hosting environments inclusive from major data centers through admin IDF/MDF office support.
- Recruited, developed, and integrated 10 new product owners to drive the product model.
SVP – Technology Hosting Strategy and Manager of Colocations
Citigroup, Inc.
New York, NY
12.2015 - 10.2020
- Lead strategy team managing a portfolio projects across the globe evaluating optimization opportunities globally in the infrastructure hosting environments supporting Citigroup
- Developed, recruited and managed team of 22 staff to support strategic initiatives across the globe as well as developing and expanding 14 edge processing locations to support latency market trading activities and external cloud connectivity
- Develop and lead a multi country transaction for datacenter in Asia driving $93MM in savings, negotiating two lease transactions with a total value of $216MM for datacenter services
- Responsible for thought leadership developing transaction framework through project approval building consensus within country, region and global management
- Manage project teams and direct staff, responsible for goal setting and skills development
SVP – Global Datacenter Strategy, Planning and Analysis
Citigroup, Inc.
New York, NY
07.2010 - 11.2014
- Responsible for strategy development and financial management of Citigroup’s global datacenter portfolio balancing cost, risk and compliance requirements
- Led cross functional teams in developing optimization projects in 21 global datacenters (800,000+sqft white space, and 64MW of power)
- Major data center projects completed in Singapore and Hong Kong: developed and lead a multi country transaction for datacenter in Asia driving $93MM in savings, negotiating two lease transactions with a total value of $216MM for datacenter services
- Responsible for thought leadership developing transaction framework through project approval building consensus within country, region and global management
- Developed business case evaluation driving the sale-lease-back of a datacenter, and corresponding consolidation of workloads and technology hardware that is yielding $300MM in savings over 5+ years
VP – Citigroup Technology and Infrastructure (CTI) Deal Team
Citigroup, Inc.
New York, NY
01.2008 - 06.2010
- Provided financial leadership evaluating a 36 month $1.2 billion vendor hardware/software/services purchase agreement with a large vendor
- Led financial validation and communication to senior management of the partnership value with this vendor yielding a 16% incremental discount on purchases
- Responsibilities included supporting vendor negotiations, developing management recommendation and communication, translation of ELA license agreement into operational metrics to proactively measure deployment risk and software savings opportunities
- Developed a deal evaluation framework linking contract terms and conditions to key operational KPIs allowing detailed scenario planning and P&L impact forecasts supporting business needs.
VP – Global Datacenter Strategy and IT Optimization
Citigroup, Inc.
New York, NY
06.2006 - 12.2007
- Provided financial and program management expertise to an IT Optimization program that saved $1.5 billion of expense over 3 years
- Responsibilities included business case development and project management expertise to drive funding and prioritization of projects
- Analyzed and executed upon workforce optimization plans and resource location strategies that yielded $84MM in staff productivity savings impact of workforce right shoring
- Examined functional areas to identify potential low-cost opportunities yielding $84MM in staff savings
Lead Consultant, Financial Services Practice
Parson Consulting
New York, NY
01.2005 - 01.2006
- Delivered finance transformation for a global financial institution, developing capital management, software ELA pricing for a 5 year technology transformation.
- Primary responsibilities included business development, executive level client relationships, thought leadership, subject matter expertise, overall delivery and project profitability
- Developed forecasting, business performance metrics and ongoing governance reporting associated to support with a global datacenter strategy that addressed regional risk, and datacenter capacity/quality
- This project consolidated 70 global datacenters to 24 datacenters yielding $1.6 billion in savings while doubling the capacity of state-of-the-art datacenters
Education
Bachelor of Business Administration -
05.1990
Skills
- Strategy Development
- Talent management and staffing
- Budgeting and financial management
- Vendor management
- Financial management
- Program leadership
- Contract Evaluation
Timeline
Executive Director - Digital Product Management - Wells Fargo & Company
11.2020 - Current
SVP – Technology Hosting Strategy and Manager of Colocations - Citigroup, Inc.
12.2015 - 10.2020
SVP – Global Datacenter Strategy, Planning and Analysis - Citigroup, Inc.
07.2010 - 11.2014
VP – Citigroup Technology and Infrastructure (CTI) Deal Team - Citigroup, Inc.
01.2008 - 06.2010
VP – Global Datacenter Strategy and IT Optimization - Citigroup, Inc.
06.2006 - 12.2007
Lead Consultant, Financial Services Practice - Parson Consulting
01.2005 - 01.2006
University of Notre Dame - Bachelor of Business Administration,
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