Verett Mims

Verett Mims Email and Phone Number

Forward-Thinking Board, Finance & Transformation Leader | Trusted Advisor | Strategy, Diverse & Inclusive Cultures, Executive Development & Governance @ Sunstone Hotel Investors, Inc.
Verett Mims's Location
Greater Chicago Area, United States, United States
Verett Mims's Contact Details

Verett Mims personal email

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About Verett Mims

Some may ask how an MIT physics graduate became the architect of best-in-class FX and Treasury teams for companies like Citibank, Bank of Montreal, Sun Microsystems, and Boeing. Those who know the story understand that behind the academic and leadership accomplishments of Verett Mims, there exists the spirit of a barrier breaker who refuses to let any problem go unsolved. Today, Verett draws upon this differentiating background to create measurable impact as a board and executive leader.Throughout a career spanning four Fortune 500 companies, a Global 500 company, a private equity firm, and an early-stage SaaS company, Verett has guided executive leaders in delivering tech-driven transformation, organic and M&A growth, and value creation. She is recognized as a thought leader who has repeatedly been invited to speak about her successes in balancing P&L performance with financial exposure to positively influence corporate strategy and shape governance structures. One example of Verett’s pioneering leadership is her passion for employing diverse firms, including minority-, women-, and veteran-owned businesses, that consistently performed in the top 10% of investment returns and repurchase programs. Her bold strategies have been recognized with several awards and honors, including Women of Color in Technology Award, Black Engineer of the Year Special Recognition Award, Treasury & Risk Management Alexander Hamilton Award for Excellence in Automation, Chicago United Business Leaders of Color, and the Boeing Global Diversity Process Improvement Award. In 2021, Verett was named to the Board of Directors for Sunstone Hotel Investors. Since 2020, she has also served as the CFO for Blum Capital Partners, L.P., a long-term private equity firm.Verett joined The Boeing Company in 2002 as the Director of International Finance. In 2004, she was promoted to Assistant Treasurer of Global Treasury where she built out a new treasury operations infrastructure and led numerous company firsts, including the implementation of an internal counterparty scorecard, an enhanced cash investments initiative, and a job-shadowing program. She was also one of the treasury leads in M&A due diligence and post-merger integration.The trajectory of Verett’s career began at Hughes Aircraft Company as a Scientist. Over the next six years, she built profitable FX businesses for the Bank of Montreal, NationsBank, and Citibank. After developing a world-class treasury operation at Sun Microsystems, she helped launch a SaaS-driven fintech startup now recognized as a global leader.

Verett Mims's Current Company Details
Sunstone Hotel Investors, Inc.

Sunstone Hotel Investors, Inc.

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Forward-Thinking Board, Finance & Transformation Leader | Trusted Advisor | Strategy, Diverse & Inclusive Cultures, Executive Development & Governance
Verett Mims Work Experience Details
  • Sunstone Hotel Investors, Inc.
    Member Board Of Directors
    Sunstone Hotel Investors, Inc. Apr 2021 - Present
    Aliso Viejo, California, Us
  • Sila Realty Trust, Inc.
    Member Board Of Directors
    Sila Realty Trust, Inc. Jun 2022 - Present
    Tampa, Fl, Us
  • Blum Capital Partners, L.P
    Chief Financial Officer
    Blum Capital Partners, L.P 2020 - Present
    Recruited to manage FP&A, reporting, cash optimization, risk management, tax, and compliance. In the midst of COVID-19, leading opportunities to best position firm’s portfolio of hospitality investments. Strategic advisor to the founder's family office.
  • The Boeing Company
    Assistant Treasurer, Global Treasury
    The Boeing Company 2004 - 2020
    Arlington, Va, Us
    Promoted to lead multibillion-dollar cash, commodity, and FX portfolios as well as global banking (39 banks), cash forecasting and daily cash calls, commercial paper issuance, and share repurchasing program (multibillion dollars). Directed a 13-member team. Treasury lead for Finance Enterprise Talent Management. Reported to the corporate Treasurer.▪ Built out a new treasury operations infrastructure, including cash management workstations and internal banking workflow tools.▪ Launched Annual Aerospace Assistant Treasurer Benchmarking meetings and an internal scorecard to manage counterparty risk.▪ Rationalized banking relationships. Established a U.K. banking presence. Created the groundwork for SWIFT reporting.▪ Treasury lead in M&A due diligence and the integration of newly acquired businesses and JVs into the treasury infrastructure.▪ Designed and led Boeing’s first enhanced cash initiative. Hired 4 investment firms and a custodian to manage a multibillion-dollar portfolio. This portfolio was pivotal in the company’s recovery during market fluctuations.▪ Unlocked global, intracompany resources to position company for successful recovery of product programs.▪ Collaborated with Global Trade Controls to create a sanction-compliant structure that supported an 11-figure aircraft sale to Iran.▪ Created and managed a job-shadowing program that became a model for a number of Boeing divisions.▪ Developed an internal dual quote tool which lowered costs by eliminating hedging premiums by foreign suppliers. Recipient of the Treasury & Risk Management Alexander Hamilton Award for Excellence in Automation for this new strategy.
  • The Boeing Company
    Director, International Finance
    The Boeing Company 2002 - 2004
    Arlington, Va, Us
    Recruited to create and lead a robust international FX and hedging ecosystem for +$50B company.▪Conceptualized, developed, and managed a hedging program to protect the company’s long-term strategic plan against currency exposure. Grew this portfolio 16-fold.▪Increased visibility of portfolios worldwide to identify opportunities, strengthen education, and create a unified FX vision.▪Led team in automating and aggregating manual processes by implementing tech-driven platforms like First and FXall.
  • Hedge Trackers
    Consultant
    Hedge Trackers 2001 - 2002
    San Jose, Ca, Us
    Recruited by founder to provide interest rate, commodity, and FX accounting domain expertise; business development and lead generation skills; and process, operations, and technology knowledge in the early days of this startup.
  • Sun Microsystems
    Treasury Manager, Financial Risk
    Sun Microsystems 1999 - 2001
    Palo Alto, Ca, Us
    As the emergence of web-based companies rapidly accelerated, recruited to manage multibillion-dollar global FX hedging, interest rate, debt issuance, and equity exposure to support company growth. Reported to the CFO and Treasurer.▪Created and managed an internal trading floor that leveraged the latest technology; transformed a spreadsheet-driven forecast process into a web-powered portal for the global pricing of terminals, servers, and other technology products.▪Significantly improved performance of company’s FX investments by shopping this service across different global banks.▪Led company’s first debt offering—the first jumbo deal in the tech space—and an interest-rate hedging program.
  • Nationsbank
    Senior Vice President, Foreign Exchange Sales
    Nationsbank 1996 - 1998
    Charlotte, Nc, Us
    Recruited to leverage Citibank experience to establish a growing FX business serving the pharmaceutical market sector. ▪First member of the team to develop and digitally distribute market summaries to clients daily. This model was quickly adopted by FX peers serving other industries. Pioneered an early Salesforce-like client management system. ▪Created bespoke FX solutions for clients, such as Abbott Laboratories and Baxter International.
  • Citibank
    Assistant Vice President / Foreign Exchange Sales
    Citibank 1993 - 1996
    New York, New York, Us
    Recruited to join the middle-market global corporate FX sales team. Turned around and grew the retail book of business to 7-figure annual profit. Clients include Colgate, Liz Claiborne, WPP, and Donna Karan.
  • Hughes Aircraft Company
    Member Of The Technical Staff / Professional Scientist, Microwave Product Division
    Hughes Aircraft Company 1988 - 1991
    Philadelphia, Pennsylvania, Us
    Modeled and designed microwaved integrated circuits that became part of commercial fighter jet radar systems.

Verett Mims Skills

Treasury Operations

Verett Mims Education Details

  • Stanford University Graduate School Of Business
    Stanford University Graduate School Of Business
    Master Of Business Administration - Mba
  • Massachusetts Institute Of Technology
    Massachusetts Institute Of Technology
    Physics
  • Southern University And Agricultural And Mechanical College At Baton Rouge
    Southern University And Agricultural And Mechanical College At Baton Rouge
    Physics

Frequently Asked Questions about Verett Mims

What company does Verett Mims work for?

Verett Mims works for Sunstone Hotel Investors, Inc.

What is Verett Mims's role at the current company?

Verett Mims's current role is Forward-Thinking Board, Finance & Transformation Leader | Trusted Advisor | Strategy, Diverse & Inclusive Cultures, Executive Development & Governance.

What is Verett Mims's email address?

Verett Mims's email address is ve****@****ing.com

What is Verett Mims's direct phone number?

Verett Mims's direct phone number is (312) 544*****

What schools did Verett Mims attend?

Verett Mims attended Stanford University Graduate School Of Business, Massachusetts Institute Of Technology, Southern University And Agricultural And Mechanical College At Baton Rouge.

What skills is Verett Mims known for?

Verett Mims has skills like Treasury, Operations.

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