Kermit Wooden

Current

• Director Human Resources (woodenk@wsdot.wa.gov) at Department of Transportation

Past

• VP, Human Resources at Wilmington Trust Company
• Director of Corporate Human Resources at Day & Zimmerman, INC.
• VP, Human Resources at Bankers Trust - Deutsche Bank

• Assistant VP / Secretary at Bankers Trust - Deutsche Bank
• Human Resources Officer at Corestates - First Pennsylvania Bank
• Retained Search Consultant at TR2, Executive Search

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Education

• Pepperdine University, The George L. Graziadio School of Business and Management

Connections

3 connections

Industry

Human Resources

Kermit Wooden’s Summary

Enhanced and redesigned senior management executive compensation plan including NSO/ISO stock option plan.
• Serve as Chairman of the bank’s Compensation Committee comprised of the CEO, COO & CFO.
• Developed, from scratch, full human resource function supporting over 500 employees per site in multiple locations.
• Saved in excess of $200,000 per year by successfully managing the consolidation of two banking operations.
• Successfully defended several highly volatile class action suits filed with the EEOC, offsetting a potential $10 million plus judgment.
• Generated in excess of $80,000 in incremental operations savings without disturbing operations within 18 month time period.
• Reduced executive recruitment cost per hire by $4,000 in a twelve-month period involving start up organization.
• Developed and implemented incentive Compensation Plans for Retail Banking (100) branches.
• Designed, developed and managed several proactive successful college relations management trainee programs.
• Developed grade structures and compensations scales for promotional cycles for two Management Trainee programs.
• Opened Bankcard (Del) Facility and New Jersey Branch Banking Facility.
• Implemented Bank wide Employee Assistance Program.
• Developed award for excellence program (quality assurance program for Bankers Trust / Deutsche Bank).
• Designed, developed and installed PC training labs for over 250 retraining employees.
• Designed, developed and installed a proactive management succession/leadership development program keyed to organizational goals and strategic objectives.
• Designed employee relations programs focused on human asset job satisfaction.
• Installed programs and initiatives, which saved over $1.5 million in benefit costs in the last three years.
• Board Member of Goodwill Industries.
• Advisory Board Member of Delaware State University.
* Who' Who in Leadership in the United States

Kermit Wooden’s Experience

• Director Human Resources (woodenk@wsdot.wa.gov)

  Department of Transportation

  (Government Agency; 5001-10,000 employees; Civil Engineering industry)

  2002 — Present (7 years)

  WA STATE DOT (2002 to Present: Responsible for administration, development & implementation of statewide HR programs for 3rd largest state agency in WA State. Serve as chief executive for all human resources issues & direct activities of Human Resource Office (6 regions + WA State Ferries; 33 HQ staff & 50 field staff) that support 7,300+ employees. Responsible for formulating, directing & implementing policies around compensation, position management, succession planning, HR Client Services, labor relations, recruitment & retention, diversity recruitment, training & development, & automated HR systems. Serving as chief spokesperson during collective bargaining negotiations as well as a representative for super-coalition bargaining teams for wages /benefits & recruitment. Responsible for representing department in all HR matters internally & externally. Control an operating budget of $3.0 million dollars in salary/benefits, travel and $3.4 million dollars in staff development.

• VP, Human Resources

  Wilmington Trust Company

  (Public Company; 1001-5000 employees; Banking industry)

  1998 — 2001 (3 years)

  Vice President, Human Resources: Responsible for setting direction, policies and guidelines for the 12th largest trust bank in the U.S. Member of the senior management team that formulates and manages against strategic business goals. Currently responsible for a division of 30 staff members that partner and support approximately 2,500 staff members. Responsible for managing a $1.5 million human resources salary budget as well as a $12 million annual medical benefit budget. In addition, responsible for a $3 million health and welfare plan as well as a $15 million profit sharing plan. Participate in the design of the senior management compensation and bonus plan as well as 37 additional corporate-wide incentive plans. Additionally, manage payroll with an annual salary processing budget of $24 million, plus approximately $11.5 million in incentive payouts. Member of the Corporate Contributions Committee (CRA activity) in addition to managing the Corporate Succession Planning process.

• Director of Corporate Human Resources

  Day & Zimmerman, INC.

  (Privately Held; 10,001 or more employees; Civil Engineering industry)

  1996 — 1998 (2 years)

  DAY & ZIMMERMAN, INC. (Philadelphia) 1996 to 1998
  Director of Corporate Human Resources: Managed a staff of five with direct responsibility for supporting 1,100 corporate employees. Indirectly responsible for providing general support to over 14,000 worldwide D&Z employees. Responsibilities embraced employee relations, EEO, staffing, performance management, employee development, and training and development. Developed and implemented 33 distinct affirmative action plans countrywide as well as manpower planning, employee development and performance management training. Directly responsible for managing and delivering senior management training such as team building, diversity, the Zenger-Miller Front Line Leadership Training and Performance Management modules. Assisted in succession planning and advised senior management on employee relations issues where union contracts were in place for craft workers.

• VP, Human Resources

  Bankers Trust - Deutsche Bank

  (Public Company; 1001-5000 employees; Investment Banking industry)

  1989 — 1996 (7 years)

  BANKERS TRUST/ BANKERS TRUST (DELAWARE)/ (now)DEUTSCHE BANK (New York/ Delaware) 1989 to 1996
  Vice President Human Resources, G.P.A. (1994-1996): Total Human Resources responsibilities for six joint venture cash management and check processing sites in two states with over 500 employees per site. Responsible for establishing a Human Resource Department, Facility Management, and Security Administration. Responsibilities included Staffing, Employee Relations, Benefits Administration, EEO/AA, compensation and responsible for developing new corporate HR Policy and Procedures. Managed a staff of two human resource professionals and two human resource consultants as well as in-house cafeteria staff of four employees and manager, plus one facilities professional. Additional responsibilities included signing authorization of up to $1 million per transaction for domestic wire transfers as well as international wires as part of the Cash Management Operations for Bankers Trust (Delaware).

• Assistant VP / Secretary

  Bankers Trust - Deutsche Bank

  (Public Company; 1001-5000 employees; Investment Banking industry)

  1989 — 1993 (4 years)

  Assistant Vice President/Secretary (1989-1993): Overall responsibility for Staffing, Compensation, Employee Relations, Benefits and Manpower Planning. Directly responsible for EEO/AA/Planning and EEO-1 Reporting and CRA activities. Additional responsibilities include Flexible Benefit and Profit Sharing Plan Administration as well as development and implementation of Human Resource Policies and Procedures for Bankers Trust (Delaware). Served as Secretary of Bankers Trust (Delaware) and BT Partnership Management and Assistant Secretary Bankers Trust Overseas Finance, BT Life, BT Insurance Corporation. All functions reported directly to President of Bankers Trust (Delaware).

• Human Resources Officer

  Corestates - First Pennsylvania Bank

  (Public Company; 1001-5000 employees; Banking industry)

  1985 — 1989 (4 years)

  Human Resources Officer (1986-1989): Responsible for delivering complete staffing and generalist functions to over 100 retail branches and five New Jersey Banking Facilities with an employee population of over 900. Also supported the Commercial Credit Group in conjunction with Hewitt Associate Consulting Firm to develop a flexible benefit package and other employee benefits for the New Jersey Banking Group.
  Human Resources Consultant (1985-1986): Managed a staff of three employees supporting 1100 bank personnel in the Banking Operations Center, a 24-hour financial service operation. Delivered all generalist functions, Staffing, Employee Relations, Compensation Administration and AA Planning.

• Retained Search Consultant

  TR2, Executive Search

  (Privately Held; 1-10 employees; Staffing and Recruiting industry)

  1984 — 1985 (1 year)

  Partner: Served as Partner, Retained Search Consultant, Administrative and Marketing Manager. Managed two recruiters and an administrative assistant supporting insurance, technical, engineering and financial clients (50% of clients were under retainer contracts). Structured office staffing, compensation packages and training as well as P&L responsibility. First year net revenues exceeded $100,000.

Kermit Wooden’s Education

• Pepperdine University, The George L. Graziadio School of Business and Management