MV

Michael Vermillion

Vice President And General Manager, Insurance Business Unit at J.D. Power

Michael Vermillion has a diverse work experience spanning over multiple industries and roles. Michael began their career as a Nuclear Submarine Officer in the U.S. Navy from 1983 to 1988. Following that, they worked in finance and strategic planning at Procter & Gamble from 1990 to 1994.

Vermillion then joined Stern Stewart & Co. as an EVA Implementation Consultant, where they led Economic Value Added (EVA) implementations in various industries from 1994 to 1996. Michael then served as Corporate Development and Investor Relations at Salient 3 Communications from 1996 to 1998.

In 1999, Vermillion co-founded Autobex, a venture-backed technology start-up that developed the first SaaS-based purchasing aggregation and procurement workflow platform for the automotive retail industry. Michael served as the COO & CFO of Autobex until 2001.

From 2001 to 2008, Vermillion worked at D&B (Dun & Bradstreet), where they advanced from product management to VP Product Management, Investor Relations, and Corporate Planning. Michael established the global corporate planning function and also held roles as head of investor relations and head of the Chairman's reengineering office.

Following their time at D&B, Vermillion joined Far Hills Media LLC in 2008 as a Managing Director. In this role, they worked on short and medium-term strategy and corporate development projects while also operating a digital agency specializing in web design, SEO, and PPC marketing for B2C clients. Michael held this position until 2010.

Vermillion then led the design, development, and launch of third-party risk management solutions at NAVEX Global from 2011 to 2014. Michael successfully built and launched the first SaaS-based platform for global third-party due diligence.

After NAVEX Global, Vermillion served as Managing Director at Market Risk Partners in 2014, where their responsibilities included proprietary due diligence research and operations support for corporate development and international risk management programs.

Currently, Vermillion is working at J.D. Power since 2015. Michael has held various roles at the company, including VP, Strategy and Innovation, Service Industries (2015-2018), Vice President and General Manager, Travel & Hospitality and Customer Service Advisory (2018-2021), and presently, they hold the position of Senior Managing Director, Global Business Intelligence.

In summary, Michael Vermillion has worked in leadership and strategic roles across industries such as technology, market research, corporate planning, and financial services. Michael has experience in managing teams, implementing new solutions, and driving business growth and has a strong background in strategy, due diligence, and corporate development.

Michael Vermillion has a diverse education history. In 1979, they attended the United States Naval Academy and obtained a Bachelor of Science (BS) degree in Mechanical Engineering in 1983. Michael then pursued further education at The University of Chicago Booth School of Business from 1988 to 1990, where they earned a Master of Business Administration (MBA) degree in Corporate Finance & Economics.

In addition to their formal education, Michael Vermillion has obtained several certifications. In 1985, they completed the Licensed Nuclear Power Plant Operator certification from the Department of Energy. In 2008, they participated in the CFA Institute CE Program offered by the CFA Institute. Furthermore, they completed the Pragmatic Certified Product Manager certification from the Pragmatic Institute in 2016.

More recently, Michael Vermillion has demonstrated a strong interest in artificial intelligence (AI) and machine learning. In 2020, they obtained several AI-related certifications from LinkedIn, including "AI in Business Essential Training," "AI Accountability Essential Training," "AI The LinkedIn Way: A Conversation with Deepak Agarwal," "Artificial Intelligence Foundations: Machine Learning," "Artificial Intelligence Foundations: Neural Networks," "Artificial Intelligence Foundations: Thinking Machines," "Artificial Intelligence for Project Managers," "Cognitive Technologies: The Real Opportunities for Business," "Customer Service Using AI and Machine Learning," and "Learning XAI: Explainable Artificial Intelligence."

Additional certifications obtained by Michael Vermillion include "Investor Relations Officer Program Graduate" from the New York Stock Exchange, "Pragmatic Marketing Certified – Level III (PMC-III)" from Pragmatic Marketing, and "Professional Education Program Graduate" from the National Association of Corporate Directors. However, the month and year of completion for these certifications are not provided.

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Timeline

  • Vice President And General Manager, Insurance Business Unit

    September 1, 2023 - present

  • Senior Managing Director, Global Business Intelligence

    January, 2021

  • Vice President And General Manager Travel Hospitality And Customer Service Advisory

    June, 2018

  • VP Strategy And Innovation Service Industries

    July, 2015