SVP, Chief Procurement Officer (CPO)
Bristol-Myers Squibb (BMS)
Farryn is the SVP, Chief Procurement Officer (CPO) for Bristol-Myers Squibb (BMS). Her team is responsible aligning with company’s business strategy to optimize value, drive efficiency and manage the company’s external spend. With revenues in excess of $35B, her team is responsible for managing the company’s external spend of ~ $12B from early research to distribution. In addition to Global Procurement and Supplier Relationship Management, she is responsible for strategy-to-pay processes, global travel and fleet operations. She leads a diverse team of over 400 + colleagues around the world and manages large external partnerships.
Farryn has a 25-year career in procurement and business management, including key leadership positions with Fortune 100 companies to include Amgen, Novartis, Pfizer, Warner-Lambert, Sony Pictures Entertainment, Boeing and Rockwell International. She successfully led the transformation of several procurement organizations to become “best in class.”
Ms. Melton is a lifetime certified purchasing manager (CPM) and holds a bachelor’s degree in Business Administration. She has received a number of external recognitions in her field; the most recent include The National Association of Purchasing Managers Executive of the Year in 2015, and CPO of the year from the National Minority Supplier Development Council (NMSDC) in 2016, Top 100 Women in Diversity in 2016 and 2017 and Strategic Executive of the Year for the NGLCC in 2019.
Farryn is active in the Procurement field, and passionate about diversity and inclusion. She serves on the executive committee for the Women’s Business Enterprise National Council (WBENC); previously served on the executive committee and board of the National Minority Supplier Development Council (NMSDC) through 2016, and actively supports The National LGBT Chamber of Commerce (NGLCC) and Diversity Alliance for Science. She leads the Diversity & Inclusion Council for BMS Global Business Operations for the last several years and sits on the Global Diversity & Inclusion Council within BMS. She is a mentor to several colleagues (within and outside), of BMS.
Ms. Melton enjoys music, the arts, reading, and spending time with her family. She currently resides in PA with her husband Gary of 30 years, two children, Halli and Alexander, dog Bella and Cat Simon.