Ted Sherman Email and Phone Number
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Senior Global Trade and Supply Chain Leader with a proven record of delivering outstanding results and great team culture. Deep experience in Global Supply Chain, Customs and Trade Compliance, Supply Chain Security, Sanctions and Export Controls, International Trade Operations and Strategy, Supply Chain Transparency and Due Diligence, Trade Finance, Risk Management, and Regulatory Compliance. Numerous industry leadership roles and frequent speaker and lecturer on international trade and supply chain issues.
Hasbro
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Senior Director - Global Trade ComplianceHasbro Nov 2023 - PresentPawtucket, Ri, Us
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Board Of GovernorsAmerican Association Of Exporters And Importers (Aaei) Jun 2019 - PresentWashington, District Of Columbia, Us -
Senior Director, Global Trade OperationsMedtronic Jan 2018 - Nov 2023Minneapolis, Mn, Us* Lead the Global Trade Operations team at Medtronic, the world's largest medical device company. * As a member of the Global Supply Chain Leadership Team, represent the Trade function on cross-functional operational and strategic initiatives spanning all Medtronic geographies and businesses.* Lead the development and implementation of strategies to mitigate operational, compliance, and reputational risks during a period of extreme turbulence in the global trade environment, including Trade Wars, pandemic-related global trade and customs restrictions, and heightened sanctions and export controls.* Lead global teams responsible for key trade functions including Government Partnership Programs, Export Controls and Sanctions, Business Partner Screening, Country of Origin, Free Trade Agreements, Global Harmonized Schedule Product Classification, Customs Broker/3PL Management, Global Trade Systems, and Duty Savings Strategies. * As part of Medtronic's Supply Chain Transformation, led the re-design of trade activities across Medtronic, resulting in improved compliance outcomes and risk management, operational efficiencies, improved role clarity and decision rights, and increased use of automation.* Delivered consistently strong levels of employee engagement and talent development. -
Senior Director - Global Trade ServicesTarget Oct 2005 - Jan 2018Minneapolis, Mn, UsLed 80 team members responsible for international trade, customs, supply chain security, and trade finance functions at Target Corporation, one of the US's largest importers.* Played a lead role in major cross-functional supply chain and global sourcing initiatives involving the supply chain, finance, tax, legal, security, and government affairs teams.* Led customs classification, valuation, country of origin and free trade agreement management, customs brokerage (self filing and 3PL management), and overall compliance programs.* Supported Target's global sourcing strategies by expanding duty engineering and First Sale duty savings initiatives, and by collaborating with internal stakeholders to promote Free Trade Agreement expansion and compliance. * Responsible for Target's C-TPAT (Customs-Trade Partnership Against Terrorism) import supply chain security program. Recognized by US Customs and Border Protection with "Tier III" status, the highest level obtainable by program participants.* Oversaw Target's Customs ISA (Importer Self-Assessment) program, an internal control and self-testing program involving close cross-functional partnership with legal and internal audit teams – Target one of a small number of companies granted ISA status. * Oversaw development and implementation of customs and trade finance processes for Target’s expansion into Canada, including 3PL selection, team development, and establishment of overall trade compliance program.* Responsible for Letter of Credit issuance and import vendor payments via international trade banks.* Appointed by the Secretaries of Homeland Security and Treasury to the 12th and 13th Advisory Committees on Commercial Operations of Customs and Border Protection (COAC). Private sector co-chair of the 13th term COAC.* Chairman of the Business Alliance for Customs Modernization (BACM), 2009 to 2017 - In this capacity, testified on proposed Customs Reauthorization legislation before the Senate Finance Committee. -
Senior Manager, Supply Chain FinanceTarget Corporation 2003 - 2005Minneapolis, Mn, Us* Led a Financial Planning and Analysis team responsible for expense budgeting, project financial analysis, and capital expenditure planning in support of Target's supply chain. * Responsible for both annual and long-rang expense forecasting for Target's network of Distribution Centers and Import Warehouses.* Led numerous cross-functional projects including analyses of the profitability of Target’s direct import supply chain strategies and the drivers of long-term supply chain and distribution expense.
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Manager, Import FinanceTarget Corporation 2002 - 2003Minneapolis, Mn, Us* Led a team responsible for letter of credit issuance, import vendor payments, freight payment, and import accounting for all Target Corporation operating companies.* Oversaw the implementation of alternative trade finance vehicles such as Open Account and buyer-issued Letters of Credit, significantly reducing the portion of corporate credit line resources devoted to support of trade operations. * Developed staffing and operational strategies to support explosive growth in Target’s purchases of directly imported merchandise.* Drove adoption of common import payment processes across all Target operating and sourcing companies in order to improve financial controls and increase operational efficiency.
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Senior Financial AnalystTarget Corporation 2000 - 2002Minneapolis, Mn, Us* Led the annual long-range corporate financial planning process, including forecast and analysis of capital structure, earnings, debt levels, and the impact of strategic initiatives.* Acted as a subject matter expert for senior Finance management on analytical finance topics including analyses of Target’s ROIC, EVA, and capital structure relative to its peers.* Analyzed the impact of strategies such as Target VISA, the expansion of SuperTarget, and share repurchase activity on the corporation’s overall financial profile.
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Captain, Field ArtilleryUnited States Army Reserve 1991 - 2000Fort Liberty, Nc, Us -
Lead Credit AnalystDuff And Phelps Credit Rating Co. 1997 - 1999Responsible for formulating credit ratings on fixed income securities issued by emerging market metals and mining companies. Clients included some of the largest producers of iron ore, copper, steel, and cement in Latin America.
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Supervising AuditorFederal Reserve Bank Of Chicago 1994 - 1997Led operational and financial reviews of check processing, ACH, and cash operations.
Ted Sherman Skills
Ted Sherman Education Details
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The University Of Chicago Booth School Of BusinessEconomics And International Business -
University Of Notre DameHistory And German
Frequently Asked Questions about Ted Sherman
What company does Ted Sherman work for?
Ted Sherman works for Hasbro
What is Ted Sherman's role at the current company?
Ted Sherman's current role is Senior Global Trade Leader and Industry Advocate | International Supply Chain - Multi-Industry | Hasbro | Ex-Medtronic | Ex-Target | Chicago Booth MBA.
What is Ted Sherman's email address?
Ted Sherman's email address is te****@****get.com
What is Ted Sherman's direct phone number?
Ted Sherman's direct phone number is (954)-333*****
What schools did Ted Sherman attend?
Ted Sherman attended The University Of Chicago Booth School Of Business, University Of Notre Dame.
What are some of Ted Sherman's interests?
Ted Sherman has interest in German Language And History, Tae Kwon Do, International Trade, Arts And Culture.
What skills is Ted Sherman known for?
Ted Sherman has skills like Supply Chain, International Trade, Management, Customs Regulations, Supply Chain Management, Process Improvement, Logistics, Import, Operations Management, Finance, Cross Functional Team Leadership, Trade Compliance.
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