Professional Documents
Culture Documents
Waccabuc, NY 10597
www.linkedin.com/in/henrybonet
SUMMARY
Business executive with strong management experience in banking, retailing, warehousing and distribution.
Functional expertise in the areas of: real estate and facilities management, purchasing, insurance, travel & entertainment, business
continuity planning, records retention and vendor contract negotiations.
Results-oriented professional with successful track record of developing and implementing cost reduction programs that
positively impact the corporate bottom line.
PROFESSIONAL EXPERIENCE
Developed and implemented a plan to relocate all New Jersey employees and two satellite offices to the New York office that led
to the successful subleasing of 72,000 square feet of underutilized office space in New Jersey. This reduced the Banks lease rent
obligations by $25.8 million over the life of the lease.
As a Lead representative of the Banks Relocation Committee, identified and directed the relocation of 600 New York based
employees to the Banks new 182,200 square feet corporate headquarters. Project construction and relocation were completed on
time and within the $35 million budget.
Instrumental in the selection and oversight of the Banks external construction project team, which included real estate broker,
architect, engineers, construction company and real estate attorney.
As a Member of the Operational Efficiency Project Committee, participated in reducing annual expenses by $6.6 million.
Managing Director US Head of Corporate Services (2005 2010)
After the acquisition of a Broker Dealer, Natixis Bleichroeder, and a merger with IXIS, a commercial and investment entity, promoted
to manage 11 office locations consisting of 340,000 square feet throughout the United States servicing 800 employees. Responsible
for managing the purchasing, vendor contracts, insurance, travel/entertainment and security departments for this newly established
banking organization.
Successfully renegotiated and reduced the cost of an existing contract agreement with a vendor that provided data center space
and dedicated seats, by $2.9 million or 19%.
Reduced lease rent obligations by $1.1 million by seeking good credit clients and subletting offices in Chicago, Atlanta and Los
Angeles, during very difficult real estate market conditions.
Consolidated and integrated all management, property and liability insurance policies resulting in an annual savings of $820,000
or 31%.
Realized a capital gain of $5.8 million with the sale of non-core bank owned properties.
Senior Vice President Corporate Services (2004 2005)
Vice President / Group Manager Corporate Services (1998 2004)
Managed the real estate, facilities, purchasing, contract management, business continuity planning and insurance departments with
emphasis on reorganizing, developing and implementing companywide cost reduction programs for offices throughout the US totaling
68,000 square feet, servicing 120 employees.
Consolidated legal firms and negotiated better discounts, realizing an annual savings of $500,000 or 14%.
Developed a revised approval process for the travel and entertainment program, which reduced costs by $315,000 or 26%.
Successfully directed and coordinated the construction and relocation of the Banks new corporate offices in New York City
totaling 40,000 square feet. Construction and relocation projects were completed on time and within the $5.5 million budget.
Developed and executed a company-wide centralized contract management program, which streamlined the review and approval
process for all contracts, realizing a savings of $395,000.
Established and implemented a standardization and vendor consolidation program for the procurement of all goods and services
which included office/equipment supplies, paper supplies as well as printed forms, mailroom next day / same day, and
outsourcing services. This reduced annual general supply expenses by 25% or $100,000.
Henry Bonet
(917) 327-9076
Page 2
henry.bonet@gmail.com
PROFESSIONAL EXPERIENCE (continued)
Managed, directed and approved facility lease expenses, facility contracts, building repairs, renovations/construction for 17
leased/owned locations totaling 400,000 square feet and $4.1 million of lease liability expenses. Successfully participated in
building out new corporate office and directed the relocation of 400 employees.
Re-engineered and aggressively negotiated a bank-wide cleaning contract, which reduced overall facility costs by $1.2 million.
Re-deployed existing staff in order to centralize the process of negotiating, managing and approving all company contracts, which
reduced contract costs by 30%.