Timothy A. Werth
Chief Financial Officer at Abc Industries, Inc
Based in Lafayette, United States
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Seniority
C-Team
Department
Finance & Accounting
Location
Lafayette
Industry
Textile Manufacturing
Company size
100
Contact information
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t•••••••@abc-industries.net
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Background
About Timothy A. Werth
I am a leader comfortable straddling finance and technology by centering on innovation: innovation of thought, innovation of strategy, and innovation of technology. My career has been a learning journey of developing organizations in many diverse industries (higher education, manufacturing, distribution) where finance and technology teams thrive while delivering solutions that transform how businesses operate while serving their customers. I bring a history of adapting quickly to changes in domain with short learning curves and curiosity needed to align financial, operational and technical strategies with business objectives to deliver measurable returns. At its most foundational, my credo is to build credibility by delivering on promises, and I believe in the simple power of finishing what you start. This approach combines rigorous analysis with strategic foresight to identify opportunities that drive both immediate results and long-term value creation and has resulted in: • Crisis Management & Turnaround. Navigated a $30M building materials distributor through the 2008 financial crisis, averting bankruptcy through debt restructuring, working capital optimization and operational rightsizing. • Cost Reduction & Efficiency. Delivered $15M in annual savings through strategic initiatives including process redesign, ERP implementation, vendor management and operational consolidation. • Financial Innovation. Generated $2M in savings with innovative compensation structuring for highly compensated employees, with an additional $10M deferred due to COVID. • Optimizing Enterprise Technology. Spearheaded the $33M 2 ½ year Transform Purdue Initiative, which included enterprise-wide SAP S/4 HANA and SuccessFactors implementations, delivering $11M (above) in annual savings while meeting targeted ROI. I am a passionate servant leader with a drive to improve circumstances in the communities (personal and professional) to which I can influence. I welcome challenging environments using resiliency and optimism to deliver positive, measurable value and change in all I endeavor. Demonstrated capabilities: • Financial/Technical/Operational Transformation • Data & Technology Enablement • ERP Implementation / Digital Transformation • Financial Crisis & Turnaround • Financial Value Creation • Change Management • Delivering Operating Cost Efficiencies • Executive / Board Narratives • Developing High Performing Teams • Integrating Businesses • Strategic/Tactical Debt Management • AI Design & Deployment
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