Summary
Overview
Work History
Education
Skills
Websites
Personal Information
Timeline
Generic

Tim Ludlow

Scottsdale,United States

Summary

Not your average CFO. With experience spanning high-growth venture/PE backed businesses, ESOP, large public and large family, in the United States and overseas, there's not much I haven't seen in my career. I like to work with companies that have a great product, team or idea, and build it into a highly valuable business. I have led two $1bn+ exits in the last 6-years. Financing and fund raising, building out the finance function, helping to professionalize an organization, M&A, and adding just the right amount of process along the way is my specialty. In addition to business building, I have also spent time executing business transformation. From synergy identification and execution, target operating model, all the way to naming and branding. While I believe I can adapt to any industry, except possibly the dark art of banking, I have specific experience in human and animal healthcare, FMCG, oil and gas, supply chain management, food and beverage, tech-enabled services and precision engineering. Finally, happy to add that I'm now on the 'other side' as an investor in the UK wine industry. No, not the grapes....just the rest of it

Overview

39
39
years of professional experience

Work History

Chief Financial Officer

Mott Corporation
10.2021 - Current
  • Responsible for all aspects of finance in an ESOP capital structure
  • High-growth environment where ~$80M revenue in 2012 grew to $200M+ in 2024
  • Growth was both organic, and inorganic with 2x M&A transactions
  • Ultimately, led the sale of the company to Idex (IEX) for $1bn in Q3 2024.

Consultant

TLConsulting
07.2021 - 09.2021
  • Short-term between permanent assignments
  • Assisted client in International M&A transaction (Italy).

Chief Transformation Officer

Covetrus
02.2019 - 06.2021
  • Responsible for all aspects of integration and transformation including synergy identification of $100M+ & driving execution, creation of target operating model, naming and branding, policies and procedures, etc.

CFO

Vets First Choice
03.2015 - 02.2019
  • Joined as CFO in 2015 when revenues were ~$35M and helped grow to $300M+ at the time of the merger/IPO with Henry Schein Animal Health.

CFO

Pine State Trading Co.
10.2012 - 03.2015
  • Responsible for setting strategic direction for the company and assessing all aspects of operations to grow top-line performance and drive operating expense efficiency.

Senior Vice-President, Treasurer

C&S Wholesale Grocers
04.2008 - 09.2012
  • Led the finance organization, created an appropriate capital structure, executed the company's inaugural bond offering, and managed cash operations.

Assistant Treasurer & Vice President , Corporate Finance

Bristol-Myers Squibb
01.2006 - 01.2008
  • Led Productivity Cash Flow Initiative & developed plans to improve cash & working capital by $1bn.

Vice President Finance & CFO of Technical Operations

Bristol-Myers Squibb
01.2003 - 01.2005
  • Overall P&L responsibility for an organization that comprises a $3bn cost base, 10,000+ employees.

Senior Director Finance, Technical Operations

Bristol-Myers Squibb
01.2002 - 01.2003
  • Developed & implemented annual business plan for $3bn manufacturing cost base.

Director Finance, Latin America & Canada

Bristol-Myers Squibb
01.2001 - 01.2002
  • Developed & implemented annual business plan for $1bn regional business.

Director Finance & CFO Turkey

Bristol-Myers Squibb
01.1999 - 01.2001
  • Co-led the development & implementation of a rescue plan for the business.

Director Finance & CFO South Africa

Bristol-Myers Squibb
01.1996 - 01.1999
  • Led the consolidation of 4 businesses to create financial shared organization.

Financial Planning Manager UK & Eire

Bristol-Myers Squibb
01.1994 - 01.1995
  • Led development of & managed annual business plan for $100m Clairol consumer products business.

CFO (Acting) Laboratori Guieu

Bristol-Myers Squibb
01.1993 - 01.1993
  • Integrated $50m FMCG skincare products business into B-MS.

Financial Shared Services Manager, Consumer Products

Bristol-Myers Squibb
01.1988 - 01.1992
  • Provided financial shared services to 2 UK businesses.

Various junior finance roles

DHL and Texaco
01.1986 - 01.1987

Education

ACCA FCCA, CPA Equivalent -

University of East London
12.1985

Skills

  • Strategic financial planning
  • Financial Reporting
  • Performance metrics creation and analysis
  • Mergers and Acquisitions Experience
  • Private Equity and Venture Capital
  • Budget Development and execution
  • Risk Management
  • ERP System Implementation
  • Corporate leadership
  • Working capital management
  • Cash Flow Management
  • Capital Raising
  • Financial Process Improvement
  • Change Management Expertise
  • Debt Management Expertise
  • Investor Relations Management
  • Corporate Governance Understanding
  • Analytical and Critical Thinking
  • Executive Leadership
  • Profit and Loss Management
  • Organizational Development
  • Relationship and Team Building
  • Board Collaboration
  • Talent Recruitment
  • Balanced Work Ethic
  • Contract Negotiation
  • Articulate Communication
  • Turnaround Management

Personal Information

Title: CFO and Investor

Timeline

Chief Financial Officer

Mott Corporation
10.2021 - Current

Consultant

TLConsulting
07.2021 - 09.2021

Chief Transformation Officer

Covetrus
02.2019 - 06.2021

CFO

Vets First Choice
03.2015 - 02.2019

CFO

Pine State Trading Co.
10.2012 - 03.2015

Senior Vice-President, Treasurer

C&S Wholesale Grocers
04.2008 - 09.2012

Assistant Treasurer & Vice President , Corporate Finance

Bristol-Myers Squibb
01.2006 - 01.2008

Vice President Finance & CFO of Technical Operations

Bristol-Myers Squibb
01.2003 - 01.2005

Senior Director Finance, Technical Operations

Bristol-Myers Squibb
01.2002 - 01.2003

Director Finance, Latin America & Canada

Bristol-Myers Squibb
01.2001 - 01.2002

Director Finance & CFO Turkey

Bristol-Myers Squibb
01.1999 - 01.2001

Director Finance & CFO South Africa

Bristol-Myers Squibb
01.1996 - 01.1999

Financial Planning Manager UK & Eire

Bristol-Myers Squibb
01.1994 - 01.1995

CFO (Acting) Laboratori Guieu

Bristol-Myers Squibb
01.1993 - 01.1993

Financial Shared Services Manager, Consumer Products

Bristol-Myers Squibb
01.1988 - 01.1992

Various junior finance roles

DHL and Texaco
01.1986 - 01.1987

ACCA FCCA, CPA Equivalent -

University of East London
Tim Ludlow