Hemant Kumar

CFO / Board Member / Global People Leader / Strategic Business Partner / Hands on Transformation Driver

Greater Chicago Area

About

Passionate and driven to add value and growth to the organizations and people. Key highlights: - Unique experience of leading finance in Fortune 500, Venture Funds backed and Private Equity owned companies. - Built and transformed finance teams at country, regional and global level across different cultures. - Hands On experience on building a small entrepreneurial company for significant growth, and transforming structured and process-oriented set ups in mid to large sized companies. - Strong End to End experience in M&A.

Experience

  • Executive Vice President and CFO at HALO Branded Solutions
    Jul 2022 - Mar 2026 · 3 yrs 9 mos

    HALO is a portfolio company of TPG with ~$1Bn in revenue and is the industry leader in B2B distribution of Branded Merchandise and Employee Recognition products. Partnered with CEO and leadership team to drive meaningful improvement in EBITDA and Net Working Capital. Led the successful refinancing of debt structure. Transformed the finance function by restructuring the team, and process improvements and automation at various levels. Partnered with COO to transform the operational processes (Order to Cash, Procure to Pay, RFP and pricing) by setting up a center of excellence and review mechanisms. Led the M&A for successful realization of synergies and strong pipeline and its execution.

  • SOL-MILLENNIUM Medical Group (Greater Chicago Area)
    • Member of the Board of Directors
      Aug 2019 - Jul 2022 · 3 yrs

      Appointed as a Board Member on the Sol-M Board of Directors

    • Chief Financial Officer and SVP Finance
      Dec 2016 - Jul 2022 · 5 yrs 8 mos

      Partner to CEO and Board of Directors for profitable execution of significant growth of the company and enabling a successful exit to the investors. Led the 'Asset Light' strategy to divest manufacturing assets and expand Sol-M operations in more than 50 countries. Raised debt across different geographies globally. Transformed and built the finance function by setting up global tax and treasury strategies, automating reporting from 'Excel' to 'Real Time' reporting.

  • Vice President of Finance at Shire (formerly Baxalta)
    May 2015 - Aug 2016 · 1 yr 4 mos

    Baxalta was spun off from Baxter (NYSE: BAX) as a stand-alone, publicly traded company in July 2015. It was acquired by Shire in June 2016. Finance lead to help setup successful governance and strategic processes for the new independent company. Led the finance integration of oncology acquisition and transitioning of deferred countries into Baxalta (70 countries which were still part of Baxter at the time of split). With the announcement of acquisition by Shire, pivoted to support the due diligence and to close the transaction.

  • Baxter International Inc. (9 yrs 1 mo)
    • Vice President - Financial Planning & Analysis
      May 2013 - Apr 2015 · 2 yrs

      Led Financial Planning & Reporting for Baxter globally ($17Bn revenue) including Annual Plan, Long Range Plan, forecasting and monthly reporting. Reported to Global CFO and supported key investment decisions, business development evaluations, Board of Directors presentations, and requests from CEO / executive team.

    • Director Finance (CFO) - Canada
      Apr 2012 - Apr 2013 · 1 yr 1 mo

      Strategic Partner of Canadian General Manager and his leadership team to deliver on annual and long-range financial and strategic commitments. Successfully realigned the business structure to changed external market realities to retain market leader position.

    • Director Finance (CFO) - North Asia
      Apr 2009 - Mar 2012 · 3 yrs

      Strong business partner to the regional General Manager in successfully establishing a newly created sub-region within Asia pacific and to deliver on profitable growth commitments. Received 'Coach of the Year' award in 2011 - a very coveted Baxter Global Finance Leadership Award

  • Manager Global Reporting - Asia Pacific at American Express
    Dec 2004 - Apr 2006 · 1 yr 5 mos

    Leader for financial planning and reporting for two business lines (Establishment and Network Services) for Amex's Credit Card business in Asia Pacific. Supported Asia Pacific CFOs for budgeting, forecasting, long range financial planning and monthly reporting for respective credit card business lines.