Tanya Penny is President and CEO TPW Consultants
Tanya Penny is President and CEO TPW Consultants, a strategy consulting firm advising clients on financial and marketing strategies and business process improvement.
Previously, Penny served as senior vice president of Real Estate for Verizon Services Operations (VSO), a global, shared-services business group that supported all Verizon companies, including Verizon Business, Verizon Telecom and Verizon Wireless. She was responsible for a $2 billion budget and 3,000+ staff and contractors focused on property management, design and construction, energy conservation and portfolio administration . The complex portfolio included Verizon’s domestic and international properties, which exceed 115 million square feet of various types of facilities.
Additionally, Penny served as vice president of Sourcing and Purchase-to-Pay Systems for Supply Chain Services, also part of VSO. She was appointed to this position in November 2005. Penny led a team of over 500 procurement professionals responsible for $35 billion of sourcing activities. Under her leadership, expenditures across Verizon were consolidated into a single unit, driving more than $2 billion in synergy savings over three years. Penny also managed international and domestic purchasing logistical services.
Penny started her telecommunications career with MCI in 1981. Over 30 years, she has held various positions in finance and operations with steadily increasing levels of responsibility, including vice president and controller of Accounting Operations. She’s held leadership roles in Corporate Development, Eastern Region Network Engineering, Technical Planning, Property Accounting and Records Management, Corporate Planning, Strategic Procurement and Supply Chain.
As MCI Vice President/Controller, Penny directed the Restatement and Re-Audit of WorldCom’s 2000-2002 Financial Statements, for Fixed Assets, Payroll and Accounts Payable. This complex project involved extensive re-audit and remediation of material weaknesses. With over 300 professionals under her command, Penny successfully participated in the largest corporate restatement in history and brought the company compliant with Sarbanes-Oxley regulations.
Penny has been recognized by the National Federation of Black Women Business Owners for professional excellence in both the finance and telecommunications industries. She was featured in Procurement Leaders Magazine (April/May 2009) and recognized in Supply & Demand Chain Executive (2009) as a “Pro to Know.”
Penny is active in business and community affairs and has participated in several forums with young entrepreneurs. She served on Howard University Center for Excellence in Supply Chain Management’s Board of Advisors, and was a board member of the Women’s Business Enterprise National Council (WBENC) and served as the Secretary of the Executive Board. She also served on the board of QUEST Forum, a global communications association dedicated to continually improving products and services. Penny presented internationally on various quality and process improvement subject matter, including TL9000.
Previously, Penny held a seat on the board of the National Minority Supplier Diversity Council (NMSDC) and was Chairperson of the Procurement Council of the United States Hispanic Council. In September 2008, she was awarded USHCC’s Corporate Procurement Advocate.
In 2010, Penny was selected to the Board of Directors for CoreNet Global, the world’s leading association for corporate real estate and workplace professionals, service providers and economic developers.
Penny holds a MBA from the Wharton School of Business (University of Pennsylvania) and a BA from Stanford University.
Mary Kinney is a senior executive with over 30 years of federal government and private sector experience managing large, diverse organizations, with an emphasis on and success in driving transformational change. She has led strategies to design, develop and implement business model, process, and infrastructure solutions to meet dynamic business opportunities and complex regulatory requirements.
Kinney has achieved success through effective leadership of teams comprised of business/government executives, lawyers, regulators, examiners, investment bankers, business, technology and operations partners and mid-to-large size staff organizations. Her proven leadership and management of large teams has been most evident through periods of rapid change and uncertainty.
Most recently, Kinney served as the Executive Vice President of Ginnie Mae, and the Chief Operating Officer of the corporation. As Executive Vice President, Kinney directed Ginnie Mae’s $1.6 trillion Mortgage-Backed Securities (MBS) and Real Estate Mortgage Investment Conduit (REMIC) programs. She was responsible for managing Ginnie Mae’s daily operations, including strategic planning and legislative initiatives, budget, contracting and overall risk management of the organization. Additionally, Kinney developed and maintained working partnerships with key officials and executives of the housing and securities industries, the investment community, members of Congress, and other departments and agencies of the Federal Government.
Kinney’s career spans the secondary mortgage market/MBS business, housing finance, affordable housing, and commercial real estate activities. Prior to her arrival at Ginnie Mae, she was the Vice President of Enterprise Data Warehouse Operations at Fannie Mae, where she designed, developed, and managed technology infrastructure to support MBS data collection and analysis for a $3 trillion portfolio. Kinney also served as the Vice President of the National Housing Impact Division where she led long-range strategic planning and day-to-day activities for corporation-wide compliance with congressionally mandated affordable housing goals and corporate affordable lending commitments. She has also managed end-to-end activities for private-label MBS at both Citicorp and the Mortgage Guaranty Insurance Corporation. Additionally, Kinney has managed loan origination and servicing functions in the primary mortgage market.
Kinney was appointed to the President’s Initiative to Transform Corporate Performance Management at both Citicorp and Fannie Mae; and participated in both Ginnie Mae’s and Fannie Mae’s Corporate Mentor Programs.
Throughout her career, Kinney has spoken at numerous industry events, including those sponsored by the Mortgage Bankers Association, the American Bankers Association, the National Association of Local Housing Finance Agencies, Gartner, MISMO, Women in Housing & Finance, PriceWaterhouseCooper, and the Global Chinese Real Estate Congress 2012 Annual Conference in Macau, China. She has also authored or been featured in publications including National Mortgage Professional Magazine, Government Executive Magazine, Women on Business (an on-line news outlet,) Mortgage Bankers Association Magazine, and Shape Magazine’s “28 Powerful Women Share Their Best Advice.”
Kinney is a member of Women in Housing & Finance. She was named one of 2014’s most Influential Women in Housing by Housing Wire Magazine and was nominated by the Department of Housing and Urban Development (HUD) for the Distinguished Recognition Award – U.S. Federal Government, March 2015.
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