Cary Heninger

Cary Heninger Email and Phone Number

Vice President, Business Transformation | Shared Service Center Leadership | FP&A | Continuous Improvement | Servant Leader | Infectious Positive Attitude
Cary Heninger's Location
Greater Richmond Region, United States, United States
About Cary Heninger

Global Finance Executive who combines deep functional expertise and analytical skills with business savvy to capture efficiency and advance enterprise growth objectives. Go-to leader tapped to tackle strategic challenges and direct business transformations, continuous improvement strategy, reorganizations, and global business services, bringing ability to simplify the complex and translate vision into concrete actions that deliver value. ✦ Servant leader with an infectious, positive attitude that inspires teams to exceed expectations. ✦ Culture champion who models core values and builds collaborative relationships across the organization, informed by roles as CFO Chief of Staff and Director of Career Development and Recruiting for Finance.

Cary Heninger's Current Company Details

Vice President, Business Transformation | Shared Service Center Leadership | FP&A | Continuous Improvement | Servant Leader | Infectious Positive Attitude
Cary Heninger Work Experience Details
  • Albemarle Corporation
    Vice President, Business Transformation
    Albemarle Corporation Apr 2022 - Nov 2024
    Charlotte, Nc, Us
    Led implementation of leadership priorities and initiatives to position the company to achieve strategic objectives for growth and cash flow optimization. ✦ Established and led the Corporate Functions Productivity Program, capturing $50 million cost savings in 2024 (15% reduction) and building the capability to deliver $25 million annual cost reduction moving forward.✦ Realigned the $700 million Lithium Specialties business into part of the Specialties division, which produced a 5% volume lift due to better product portfolio cross-selling. ✦ Created a wholly owned subsidiary, Ketjen, with $1 billion in revenue, 32 legal entities, and 1,300 employees, establishing independent brand strategy, mission, and operating systems to position for future divestiture.✦ Implementation lead and coach for the deployment of a formalized strategy cascade, using Workboard Objectives & Key Results (OKR), to monitor and align the enterprise around the top strategic priorities.
  • Albemarle Corporation
    Vice President, Global Business Services
    Albemarle Corporation Jul 2018 - May 2022
    Charlotte, Nc, Us
    Executive leader of the enterprise Global Business Services (GBS) comprised of 300 employees located across Hungary, China, and the U.S., managing end-to-end global processes for Order to Cash, Record to Report, Requisition to Pay, business analytics and BI tools, SAP master data management, real estate and facilities, travel and expense, and Project Management and Continuous Improvement teams.✦ Implemented Lean Management System and process management huddles, which accelerated days to monthly close from 12 to 3 days, improved paid on-time from 72% to 92%, and improved Amex card utilization rate from 50% to 98%, while achieving a 5% cost reduction annually, an 8% attrition rate, and 85% employee satisfaction. ✦ Implemented SAP S/4HANA upgrade in the transition from multiple SAP instances for the service center without business disruption, establishing a single platform to drive process excellence and facilitate future integrations.
  • Covance
    Director Of Global Solutions
    Covance Jun 2017 - Jul 2018
    Princeton, New Jersey, Us
    Directed strategic and tactical resource planning for early pharmaceutical development. Designed and implemented a pharmaceutical drug testing predictive analytical model to optimize throughput, lifting revenue by 3%.
  • Kimberly-Clark
    Director Of Shared Service Center - Europe, Middle East, Africa (Emea)
    Kimberly-Clark Sep 2014 - Jun 2017
    Irving, Tx, Us
    Led the EMEA Shared Service Center with 150 employees and a third-party BPO covering end-to-end management for Accounting to Reporting, Order to Cash, Requisition to Pay, Treasury, Tax and Internal Control activities for a $2.8 billion division.✦ Migrated order-to-cash transactional activity to a BPO third-party provider covering Europe and the Middle East (15 languages), generating $1.5 million savings (25% cost reduction).✦ Implemented a Lean Management System with daily or weekly huddles, which drove a 15-day reduction (20%) in Days Sales Outstanding, paid on-time increase from 65% to 90%, and two-day reduction (40%) in days to close the books.
  • Kimberly-Clark
    Global Finance Continuous Improvement Deployment Director
    Kimberly-Clark Mar 2011 - Aug 2014
    Irving, Tx, Us
    Led Global Finance Continuous Improvement (CI) deployment effort across 1,800 finance employees, educating and building Lean capabilities. Executive CI Coach to the CFO and five VPs.✦ Enabled Finance organization to achieve $20+ million annual savings (5%), created 100,000 hours in annual whitespace (~3% capacity), and implemented numerous Kaizen events delivering double-digit improvements in speed, quality, cost, and customer satisfaction.✦ Built the CI and Green Belt capability of ten internal finance leads who trained 100% of finance employees at their sites and established a sustainable CI process and mindset.
  • Kimberly-Clark
    Chief Of Staff - Finance Organization
    Kimberly-Clark Aug 2009 - Feb 2011
    Irving, Tx, Us
    Created the first CFO Chief of Staff role to coordinate Global Finance strategic planning objectives, routine monitoring, and gap closure action plans with the CFO’s direct reports. Also facilitate the CFO's "One Finance" change agenda and implementation with his leadership team
  • Kimberly-Clark
    Strategic Business Analysis Director
    Kimberly-Clark Jun 2007 - Jul 2009
    Irving, Tx, Us
    Member of division’s leadership team, managing Financial Planning and Analysis for a $7 billion portfolio of consumer products, providing new product strategy and planning, portfolio analysis, and project management of new products.✦ Established divisional portfolio role expectations of Grow / Maintain / Drive for Cash, which established financial performance expectations for each division, leading to a 10% improvement in portfolio operating profit.✦ Conducted new product innovation ROI analyses across the divisions, which drove early-stage alignment and prioritization of the best ideas with the Consumer Group President.
  • Kimberly-Clark
    Business Analysis Team Leader
    Kimberly-Clark May 2005 - May 2007
    Irving, Tx, Us
    Member of division’s leadership team, managing a Business Analyst team providing all aspects of strategic and tactical business planning, including P&L, Balance Sheet, and Capital, for a $1.5 billion division. Led a team of FP&A Business Analysts managing the Kleenex and Private Label business, during which revenue grew by 5% and profit grew by 8%.
  • Kimberly-Clark
    Director Of Career Development & Recruiting - North America
    Kimberly-Clark Apr 2002 - Apr 2005
    Irving, Tx, Us
    Tapped by the CFO to recruit entry-level and experienced hires for Finance, identify and develop talent, and develop succession planning in collaboration with North American Finance leadership. Also led the Finance Training Academy.
  • Kimberly-Clark
    Senior Business Analyst
    Kimberly-Clark Apr 1999 - Mar 2002
    Irving, Tx, Us
    Sole finance leader providing P&L, Balance Sheet, and Capital planning and analysis for a $1 billion division. Integral member of the Unit President’s leadership team overseeing daily management and price / cost structure for branded and private-label products for a business, yielding revenue growth of 8% and profit growth of 12%.
  • Kimberly-Clark
    Financial Controller / Business Analyst
    Kimberly-Clark Jun 1990 - Mar 1999
    Irving, Tx, Us
    Progressional finance responsibility from Analyst to Business Analyst to Plant Finance Controller.

Cary Heninger Education Details

  • Georgia State University
    Georgia State University
    Finance
  • Wright State University
    Wright State University
    Biology

Frequently Asked Questions about Cary Heninger

What is Cary Heninger's role at the current company?

Cary Heninger's current role is Vice President, Business Transformation | Shared Service Center Leadership | FP&A | Continuous Improvement | Servant Leader | Infectious Positive Attitude.

What schools did Cary Heninger attend?

Cary Heninger attended Georgia State University, Wright State University.

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