Steve Hentges

SVP, Finance at Dessert Holdings, a Bain Capital Portfolio Company

Greater Minneapolis-St. Paul Area

About

Public/private finance executive and strategic business partner with significant cross-functional experience in sales, marketing, operations, treasury, mergers & acquisitions, and new product development. Challenge seeker dedicated to creating solutions to broad organizational challenges and influencing change.

Experience

  • Dessert Holdings (Greater Minneapolis-St. Paul Area)
    • Senior Vice President, Finance
      Apr 2022 - Present · 4 yrs 4 mos

    • Vice President, Financial Planning & Analysis
      Feb 2019 - May 2022 · 3 yrs 4 mos

    • Director, Financial Planning & Analysis
      Apr 2017 - Jan 2019 · 1 yr 10 mos

  • General Mills (8 yrs 11 mos)
    • Senior Finance Manager, Supply Chain
      Sep 2016 - Apr 2017 · 8 mos

      • Led organization of 32 finance professionals in forecasting North American financial performance and supporting operational decision-making on $8 billion of COGS • Owned financial communication between North American operating segment and Supply Chain organization

    • Senior Finance Manager, Treasury
      Feb 2015 - Sep 2016 · 1 yr 8 mos

      • Led capital structure and strategy for $18 billion CPG company, including earning approval from the Board’s Finance Committee to change General Mills’ composition of debt • Redesigned Share Repurchase strategy, reducing acquisition price of treasury shares • Financed three acquisitions, divested Green Giant, and issued three tranches of euro-denominated bonds for a total of €1.4 billion • Owned communication with General Mills’ banking partners and credit rating agencies, maintaining stable credit rating throughout tenure

    • Finance Manager, Pillsbury Business Unit
      Jul 2013 - Jan 2015 · 1 yr 7 mos

      • Guided financial strategies of $1 billion brand, influencing cross-functionally to exceed targets • Led defense strategy for nationally-branded competitive entrant, resulting in 22% decrease in their distribution within 9 months; full distribution loss by end of calendar 2014 • Delivered fiscal 2014 profit goals despite significant headwinds including competitive entry

  • Financial Analyst Intern, GBS Pricing at Procter & Gamble
    Jun 2007 - Aug 2007 · 3 mos

  • OakRiver Technology (Greater Minneapolis-St. Paul Area)
    • Project Manager
      May 2005 - Jul 2006 · 1 yr 3 mos

    • Supply Chain Planner
      Dec 2003 - Jul 2006 · 2 yrs 8 mos

  • Accounting Specialist IV at US Bank
    Nov 2002 - Dec 2003 · 1 yr 2 mos