Chris Lothschutz

Chief Financial Officer
Vice President - Finance

Highly effective finance executive with demonstrated successes in delivering financial results, building high-performance teams, driving change with technology, and cultivating strong partnerships. Experience gained at industry-leading global firms including Lennox and Whirlpool. Strong background in manufacturing environments driving top-line revenue growth, efficient cost structures, and EBIT. Lived and worked throughout Europe, Latin America, Asia, and India.

Bio

Experience

2012 – 2020

Vice President – Finance, Controller
Lennox International

Executive leadership role accountable for the financial operations of a $2B business unit of the global publicly-traded company. Led a 90-member cross-functional Finance team in managing all FP&A and accounting activities for period-end and annual strategic planning. Managed a multi-plant manufacturing cost platform and supported the national sales team, supply chain network, and wholesale store operations.

2010 – 2011

Chief Financial Officer
Cadillac Coffee Company

Managed the accounting, financial analysis, tax, and legal entity strategies, supervised Treasury function including bank covenants and cash flow, provided Executive leadership on capital planning, manufacturing cost, and pricing strategy, and held responsibility for IT/IS and telecommunications infrastructure.

2008 – 2009

Finance Director – North American Brand Marketing
Whirlpool Corporation

Directed the $8B Brand organization in close coordination with the Marketing Vice Presidents. Provided financial direction on market investments, planned and directed brand P&L activities, led innovation initiatives, analyzed and embedded consumer insights, and drove new business development.

2007 – 2008

Global Director – Finance Leadership Development

Redesigned and directed the Finance Leadership Development program.

2006 – 2007

Finance Controller – Value Brands

Directed financial activities and provided financial leadership to the marketing team for the $1.5B Value Brands business unit. Conducted planning functions and financial control for an 11-brand portfolio.

2005 – 2006

Business Unit Controller – Gladiator Garage Works​

Served as Director of Finance and directed strategic planning and Supply Chain functions of the $40M Gladiator Garage Works start-up business.

2004 – 2005

Director Finance – North American Strategy and Planning​

Reporting directly to the North American CFO, coordinated the Strategic Plan and Profit Plan for the $9B North American region. Held responsibilities including competitive intelligence, global strategy for the room air conditioner segment, and coordination for the Venture Capital board.

Results

Developed a global finance leadership development program, saving $600K in external recruiting expenses and producing high-performing senior finance leaders.

Drove a comprehensive cost reduction initiative, producing $11M+ savings by a headcount freeze, eliminating redundancies, closing underperforming stores, and restructuring the forecast.

R

Successfully expanded retail footprint to 200+ stores, increasing sales by $3M per store / per year. driving $500M in annualized revenue growth and improving market share by 200 bps.

Expertise

  • P & L
  • Financial Analysis & Reporting
  • Strategic Planning
  • Risk Management
  • Market Expansion
  • Process Optimization
  • Cash Flow Management
  • Managing Control Environment
  • ERP Management
  • S&OP Management

Education

Bachelor of Applied Arts and Sciences (BAAS)

Accounting and Computer Information Systems

Meet Chris

Q&A

Why did you choose your profession?

I established my career in business to combine accounting and information systems as a tool kit to impact business operations. I have learned through my career that I enjoy financial leadership which allows me to impact the entire business, leveraging my partnering and talent development skills.

Who are your main influences?

Early in my development my father for teaching me hard work, commitment, and honesty are needed to grow into a good adult. My older brother has always been there for me and has successfully battled alcoholism with humility, strength, and faith. I admired John Wooden for achieving sustained greatness in the sport I love, basketball. He has many valuable lessons but always emphasized creating good men off the court over success on the court. As an executive organizational leader, I had the opportunity to work for an exceptional supervisor and mentor, Gary Bedard. He is intelligent, insightful, direct. He coached me to become a stronger people leader, strategic thinker, and effective communicator.

What is your greatest accomplishment?

My greatest accomplishment in my personal life is successfully raising 4 wonderful sons as a single parent. In my professional life, my greatest achievement is the legacy of exceptional leaders that I have had the opportunity to hire, coach, mentor, and influence on the road to building fulfilling careers.

What tools do you use?

SAP, Hyperion, Salesforce, MS Office, Cliq, JBA (AS400), Calidus (commissions), PeopleSoft, and other integrated HR solutions

What are you working on right now?

Building a successful recruiting campaign, keeping my family safe and healthy, and rediscovering my golf game.

What differentiates you from other candidates?

A unique combination of financial technical excellence, ability to create new capabilities with technology, proven customer relations, and exceptional business partnering and talent development.

Testimonials

“I had the opportunity to work with Chris for 8 years. I found him smart, aggressive, committed, and a strong leader and team builder. While he served primarily in finance roles, he always played a much larger role as a business partner. Chris would be a great addition to almost any organization either in a finance role or an operational role.”

Todd Bluedorn
Chairman & CEO at Lennox International

“It’s rare that you come across a finance talent like Chris. I’ve had the pleasure of working with Chris in his role as our business unit controller over the last ten years. During that time period, he’s been a superb leader providing guidance and counsel to myself and the broader business. There are three traits that highlight our time together. First and foremost, he drove results. His understanding of the market and the business allowed him to push and pull levers across the various functions (sales, operations, manufacturing) to deliver financial results that regularly exceeded expectations. Secondly, he has a tremendous focus on customers, both internal and external. He viewed the various functional areas as partners and was focused on helping them succeed. He did so by providing financial insight into their functions. He acted just as strongly with external customers and well understood how our company could support their business objectives. Lastly, he was an effective team builder. Chris consistently recruited, developed, and promoted finance talent to the broader organization. He found great satisfaction in developing individuals into leaders and did it consistently throughout his tenure. In addition to all that, he’s incredibly competitive and lead our dodgeball and basketball teams to championship seasons. As a team member and a leader, Chris earns my highest recommendation.”

Quan Nguyen
Vice President and General Manager, Lennox Industries

“I was first introduced to Chris during a role transition. Chris was my peer finance partner and an integral part of the success of our organization. It was clear that Chris had historical knowledge, coupled with industry insight and strong connections in our business (both with internal partners and with customers). He clearly understands the importance of coaching his team while allowing autonomy for this staff to interact with the business and provide guidance, yet he never waivers with holding them accountable. As a peer leader, I watched Chris coach and guide his team through some very challenging times. Chris’ strong background, his dedication to leadership, and his passion for winning will bring great success to any organization!”

Lanessa Bannister
Vice President, Lennox Stores at Lennox International

Interests & Hobbies

Golf

Fantasy Football

Weight Training