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CombineNet Hires Former Johnson & Johnson Vice President, Brett Cornell, as Senior Vice President of Strategic Sourcing

Seasoned Consumer Packaged Goods Professional Joins e-Sourcing Leader, Bringing Expertise in Global Supply Strategy and Spend Management

PITTSBURGH, PA — January 16, 2013

CombineNet, Inc., the leading provider of best-in-class sourcing technology solutions for global supply chains, announced today that Brett Cornell has joined its executive team as Senior Vice President of Strategic Sourcing. Mr. Cornell, who spent more than 20 years at health care products conglomerate and Fortune 50 company Johnson & Johnson, most recently as Vice President and Category Leader of Global Packaging Procurement, will be responsible for helping to develop and influence CombineNet company direction, category strategies, and customer solutions.

Mr. Cornell’s vast procurement and spend management expertise will be leveraged across multiple departments at CombineNet – spanning marketing, sales, account services, and product management – to improve solution differentiation, enhance the customer experience and deliver maximized value from CombineNet’s offerings.

"We are very excited to welcome Brett Cornell as Senior Vice President of Strategic Sourcing," said Rich Wilson, CEO of CombineNet. "He brings executive-level perspective into tackling complex spend categories and driving innovative procurement practices from his work at one of the world’s largest corporations. His strengths in global supply strategy, procurement leadership, staff and employee development, as well as supplier relationship management, are certain to drive excellence throughout our organization and for our e-sourcing solutions."

"I am thrilled to be joining CombineNet, as it is a dynamic, growing organization with a strong solution that I believe can change the world of sourcing" said Mr. Cornell. "CombineNet offers me the opportunity to translate my procurement and supply chain leadership knowledge into a role where I can strongly influence how an industry-leading e-sourcing solution can best meet the needs of today’s customer and the challenges that they face."

Throughout his career, Mr. Cornell has demonstrated strategy development leadership resulting in impressive corporate value creation and cost savings achievements. Prior to CombineNet, he spent over 20 years at Johnson & Johnson, most recently as Vice President and Category Leader of Packaging Procurement, where he provided strategic direction and leadership for global, corporate-wide packaging procurement teams, managing more than 20 packaging sub-categories and utilizing over 1,000 suppliers. In that role, he also developed collaborative relationships with business partners and suppliers toward improved growth, innovation, and cost-savings, as well as co-led J&J’s Procurement Sustainability Initiative and championed the Procurement Leadership Development program.

In other capacities at J&J, Mr. Cornell held two positions with J&J Consumer Europe in Switzerland where he served as Director of Indirect Goods and Services and as Group Manager for Chemicals. Prior to those posts, he held several managerial positions at J&J subsidiary McNeil Consumer Healthcare.

He received his J&J Sustainability Certification in 2011 from the company’s Supply Chain Academy. Mr. Cornell holds a BS in Industrial Engineering from The Pennsylvania State University.

About CombineNet

CombineNet, Inc. offers supply chain-driven companies proven solutions to advance the capabilities and outcomes of their strategic sourcing efforts. Powered by the award-winning, SaaS-based CombineNet ASAP® advanced e-sourcing platform, procurement teams can more easily tackle larger and complex spend categories, increase their spend under management, and optimize supplier award decisions for their business. CombineNet also offers best-of-breed SaaS products in Spend Analytics and Contract Management, as well as expert e-sourcing services to drive next-generation results for its global clientele, which includes: Procter & Gamble, A.P. Moller-Maersk, Coca-Cola, PepsiCo, Johnson & Johnson, Sears, Wendy’s QSCC, Bayer, Hershey’s, and more.

www.combinenet.com.

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