Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Timeline
Generic

Eduardo Tremouilles

Buenos Aires

Summary

Global Finance Executive with 20+ years of progressive experience across multiple finance functions and industries, as well as broad international exposure living in North, Central and South America, working with teams across the world. Visionary, versatile and skilled manager of change, start-up, expansion and restructuring.

Results Oriented Team Leader with a proven track record for consistently exceeding business goals through building and leading highly motivated, diverse and competitive teams. Demonstrated strong leadership traits by attracting and developing top talent, building a robust succession pipeline, and coaching for performance.

Driven and Forward-Thinking Manager able to build trusted influence at all levels of the organization and to lead strategic and tactical plans, to drive sound business decisions and growth, while improving controls, compliance and processes.

Executive, More than a Typical CFO, Focus on Growth Business /Exponential Mindset, Expertise in Latin America and Extensive Experience in Andean Countries, Relevant exposure to Brazil, Led Multi-billion-dollar operations to increase Sales, profitability and reduce costs. Significant Turnaround track record and experience, Finance and operation leader using innovation (Revenue Management, new ways of working), Complex Problem Solving Improve business opportunities and increase ability to generate profits, Recognized for ability to motivate individuals and organizations through effective leadership, Public traded and private equity experience. Region knowledge, business acumen and financial and business capabilities to develop strategic commercial programs based on value creation.

Overview

27
27
years of professional experience

Work History

CFO

Luigi Bosca - L Catterton Private Equity
07.2019 - Current
  • Oversee company operations: Responsible for Bulk Wine Sales for International Operations, Finance, Technology, Purchases and Customer Service
  • Achievements:
  • Increasing international customers around world to expand business in off-trade channel to triple business in 5 years, according to plan
  • Optimal Capital Structure definition reducing interests 40% of Total interests (Issued Non-current liabilities in stock market – Debt instruments and other securities), and improving Debt/EBITDA ratio from 1.6 to 1.0
  • Led aggressive programs behind Cash Conversion Cycle (30% of Working Capital reduction)
  • Duplicate Enterprise value creation in 4 years
  • Oversaw budgets, payroll, and accounts payable and receivable

South Latam Region CFO

Kimberly-Clark
12.2017 - 12.2018
  • Led the largest and most profitable division in South America with USD $1.5B in revenue with 9 operations & mills in the region
  • Oversaw all financial operations for the Company, including treasury and debt management, budgeting and strategic planning, Audit, ITS, taxes and internal and external reporting (bankers & government)
  • Led 8 Direct Reports and 144 indirect reports
  • Achievements:
  • Designed and led business decision making process to maintain and increase profitability, creating value added of $25M per year
  • Revamping Finance Business Partnering and bringing to life Value Creation mindset, to maximize performance of Brands, eCommerce, and Category Innovation
  • Acting as catalyst to transform business to deliver double digit growth
  • Led restructuring plan for Share Service Center expansion generating ongoing efficiencies of $42M/year
  • Led aggressive programs behind Cash Conversion Cycle, focusing on inventories management, processes and forecast accuracy, generating more than USD $80M in cash

Andean Region CFO

Kimberly Clark
01.2015 - 12.2017
  • Managed Finance Area of business of USD $1.1B in revenue with 8 operations mills in region
  • Oversaw all financial operations for the Company, including treasury and debt management, budgeting and strategic planning, Audit, ITS, taxes and internal and external reporting (bankers & government)
  • Optimal Capital Structure definition, and execution
  • Hedging Management
  • Led 7 Direct Reports and 195 indirect reports., Grew operating profit by $15M despite currency headwinds mainly in Colombia and Ecuador
  • Acting as catalyst to transform business to deliver double digit growth
  • Led “Indispensable Partners” business project for Traditional Trade Customers” to accelerate explosive growth generating $45M revenue growth and operating profit increase by $7MActing as catalyst to transform business to deliver double digit growth
  • Optimized region footprint through maximizing productivity writing‐off non-strategic assets ($10M per year)
  • Led a strong plan to reduce Cash Conversion Cycle focusing on forecast accuracy, DSO and DPO initiatives, reducing cycle 47 days in 2013 and USD $42M
  • Led Andean “Finance Optimization initiatives” by generating savings of $2M on top of corporate programs
  • Won Award Global Talent developer in Finance / “Great Place to Work Certification”: Highest Trust Index in Company
  • Developed talent pipeline to fulfill 5 Finance Managers, critical roles for region, generating talent pipeline of region
  • Established Culture of Accountability, Compliance, and Innovation mindset, preserving a business of $1,1in Revenue
  • Well Controlled” rating in Audit, preserving business of more than $1.1B
  • Led across the company the “IBP” process from previous S&OP processes (Anaplan as mail tool)
  • Led “Venezuela Exit Plan” (driven by Finance), generating a positive impact of more than $100 M per year

CFO Colombia

Kimberly Clark
08.2012 - 12.2014
  • Led Finance Area of business of USD $600M, 5 legal entities, 4 mills, 9 sites. Exports to more than 25 countries. Oversaw all financial operations, including treasury and debt management, budgeting and strategic planning, Audit, ITS, taxes and internal and external reporting (bankers & government). Led 5 Direct Reports and 58 indirect reports. Well Controlled rating in all Audits (Internal & External (D&T). Optimal Capital Structure definition, and execution. Hedging Management. Led business as Interim Country Manager for 6 months.

    Achievements
    • Led restructuring plan for KC Colombia, top #5 priority for Corporation improving profit by $26 million/year
    • Turned around operating profit turnaround of USD $22M in one year
    • Optimal Capital Structure definition, and execution. Funding management. Bank relationship and negotiations (local Banks, International Banks & In-House bank management). Hedging Management
    • Successfully managed Hedging process for more than $350 million Account Receivable with Venezuela
    • Led strong plan to reduce Cash Conversion Cycle focusing in forecast accuracy, DSO and DPO initiatives, reducing cycle 47 days in 2013 and USD $42M
    • Optimized SMG&A optimization and reorganized legal entities, reducing total costs USD $10M in one year
    • Shut-down two non-profitable businesses (B&W and Crez-KC) eliminating net loss of $30M /year avoiding bankruptcy
    • Developed talent pipeline to fulfill 5 Finance Managers, critical roles for Colombia and region, generating talent pipeline of region
    • Established culture of accountability and compliance during first phase and mindset for innovation during second phase, preserving business of $600M in Revenue
    • Best Talent developer in Global Finance “Great Place to Work Certification” Highest Trust Index in Company
    •From "Not Well Controlled” to “Well Controlled” rating in Audit, preserving business of more than $1.0B
    • Led locally Finance process related to exit from Joint Venture with Tecnoquímicas (Tecnosur) generating value creation of more than $0.7B

CFO & Temporal CEO Ecuador

Kimberly Clark
01.2012 - 07.2012

Managed Finance Structure of a business of USD $230M. Oversaw all financial operations for Company, including treasury and debt management, budgeting and strategic planning, Audit, ITS, taxes and internal and external reporting (bankers & government). Optimal Capital Structure definition, and execution. Hedging Management. Led 5 Finance Managers and 24 indirect reports. Managed business as Interim Country Manager for 3 months

Achievements

  • Established culture of innovation while creating kind of design thinking methodology though project implementation
  • Developed Lean Culture across Finance by generating problem-solving session and Kaizen events for each finance process
  • Optimal Capital Structure definition, and execution. Funding management. Bank relationship and negotiations (local Banks, International Banks & In-House bank management). Hedging Management
  • Improved Gross Profit 2% through better footprint design for country generating $0.5M efficiencies
  • Improved Cash Conversion cycle 20 days through DSO (Days Sales Outstanding) and DPO (Days Payables Outstanding) optimization
  • Developed succession plan delivering first Ecuadorian Finance Country Manager. Great Place to Work Certification: Highest Trust Index in Company.
  • “Well Controlled rating in all Audits (Internal & External (D&T)”, preserving $230M business

Strategic Senior Manager

Dallas – Kimberly Clark World HQ USA
12.2008 - 03.2011
  • Reporting to Senior VP of Finance for KC; led a diverse and multicultural team of 6
  • Main Achievements:
  • Engaged with Group President and KCI Board to support target setting, Capex allocation, and innovation pipeline analysis. Led the Strategic Plan (‘10-‘15) and Corporate initiatives, which help KCI increase its importance in K-C from 25% to 40%.
  • Led and coordinated the FP&A, collaborating across boundaries with Investors Relations and Corporate Strategy Teams.
  • Redesigned and streamlined multiple policies and process like forecasting and co-led $500M/year capital allocation/priorities
  • Tracked benefits of all major Corporate projects. Evaluated capital implications of potential mergers, acquisitions, and divestitures and restructurings. Conducted competitor analyses (capital structure, dividend policy, returns). Determined optimal capital structure and develop capital management strategies to ensure optimal allocation of resources among businesses and products. Led LAO capital related initiatives and M&A valuation and due diligence process.
  • Achievements
  • • Managed Cash Generation Initiative with a Net Cash Generation of USD $450M
  • • Led and presented to Global Senior Leadership Team financial analysis to exit non-profitable European and USA businesses
  • • Managed key Innovation Project for Huggies® brand creating new way to work globally through Global Innovation Teams and Project

Business Analysis Manager

Kimberly Clark Latam HQ
09.2003 - 12.2008
  • Developed roadmaps for regional businesses. Formulated and executed market penetration and domain expansion strategies. Produced and oversaw execution of strategies toward more profitable mix. Coordinated regional interaction of Marketing, Finance and Operations areas to ensure are aligned with regional initiatives. Selected, analyzed and approved investment and restructuring projects for Latin America, Central America and Caribbean. Presented and discussed regional initiatives with KC International headquarters to seek approval. Provided direction and leadership to business analysis teams in more than 20 Latin-American countries.
  • Achievements
  • • Designed and led restructuring plan for Brazil driving savings of US$30M per year
  • • Implemented Brazil business turnaround delivering incremental profit for more than $70M
  • • Developed and coordinated turnaround and growth plans for Caribbean and Venezuela - OP growth of US $20M
  • • Designed and established Regional Transfer Price Policy to maintain Company accomplishing OECD regulations

Business Analysis Leader

Kimberly Clark Argentina
10.1999 - 09.2003
  • Reporting to CFO; responsible for All Businesses FP&A activities.
  • Main achievements:
  • Developed and implemented tissue turn-around plan that generated margin improvement of 1000+bps, and included: 1) Operational restructuring from 4 to 2 mills for cost effectiveness, and 2) pricing strategy to move consumers to upper tiers.

Senior Audit Leader

PwC Buenos Aires
08.1996 - 10.1999
  • Responsible for Audit of following accounts: Unilever de Argentina S.A., Editorial Estrada S.A., Junior Achievement
  • Senior A (FAS, IPOs, Full Audit, Full Tax Audit & Tax Planning

Education

MBA - Business Administration And Management

IAE
Buenos Aires
12.2007

BBA - CPA

Universidad De Buenos Aires
Argentina
12.1996

Skills

  • Leadership – Strategic Planning – International Business Relations – Business Development – Market Penetration Portfolio Management – Financial Planning & Analysis – Process Improvement – Cross Functional Collaboration Team Development – Financial Reporting – Auditing and Compliance – Revenue Management – M&A Integration - International Finance, Customer Financing, Swaps, Deal Structuring, Debt Restructuring, Critical Thinking - Manage Profitability

Accomplishments

    Kimberly Clark Global Talent Development Award

    Leaders Teaching Leaders (K-C Enterprise Top Talent Training) and Leadership Journey – Kimberly Clark Corporation (USA)

    GILD – Global Institute for Leadership Development (Palm Desert, CA)

    Interests: Travelling, Running, and playing squash and Tennis

    Argentinean; worked in USA, Ecuador, Colombia & Peru.

    Languages: Spanish (native), English (fluent), Portuguese (very good level of conversation)

Timeline

CFO

Luigi Bosca - L Catterton Private Equity
07.2019 - Current

South Latam Region CFO

Kimberly-Clark
12.2017 - 12.2018

Andean Region CFO

Kimberly Clark
01.2015 - 12.2017

CFO Colombia

Kimberly Clark
08.2012 - 12.2014

CFO & Temporal CEO Ecuador

Kimberly Clark
01.2012 - 07.2012

Strategic Senior Manager

Dallas – Kimberly Clark World HQ USA
12.2008 - 03.2011

Business Analysis Manager

Kimberly Clark Latam HQ
09.2003 - 12.2008

Business Analysis Leader

Kimberly Clark Argentina
10.1999 - 09.2003

Senior Audit Leader

PwC Buenos Aires
08.1996 - 10.1999

MBA - Business Administration And Management

IAE

BBA - CPA

Universidad De Buenos Aires
Eduardo Tremouilles