Sherry DeMeulenaere

Sherry DeMeulenaere is a discreet private and public company Board Director and CFO for global B2B and B2C manufacturers in highly regulated industries with significant supply chain, safety, and security elements. She is a SEC Qualified Financial Expert with an MBA, Finance from Arizona State University and a BA, Economics from the University of Michigan. Sherry has also earned her NACD Directorship Certification®.

Sherry is currently a Board Director for:

  • LEGES HOLDING PTY, LTD, a $500M+Australian holding company for the manufacturing/production of meat specialties, where she is an Australian Registered Director providing financial, funding, and audit strategies/risk mitigation advice.

  • GANDS U.K., a $350M+ United Kingdom (UK) holding company for the manufacturing/production of meat specialties, where she is a Board Director offering financial, funding, and audit strategies/risk mitigation advice.

    Previously, Sherry was a Board Director for OSI GROUP, LLC, United States (US), an $8B global food company for foodservice, retail, & quick service restaurants, where she served on a majority of their holding/operations/captive insurance companies, including:

  • Three $1B+ U.S. holding and operating companies and three $500M+ holding/operating companies in Austria, Germany, & Poland.

  • 25 companies in Austria, Germany, Cayman Islands, Poland, Taiwan, UK, and US—each with less than $500M annual revenues.

    During this same time period, she was also OSI GROUP’s CFO and Treasurer where she led—through 13 direct reports located in US, UK, Germany, Asia, India, Australia, and US—a financial team of 102 in 17 countries and 60 facilities. Of note, Sherry: 

  • Reduced audit time and fees, plus cut close 3 days while improving accuracy and enforcement of controls.

  • Lowered costs by $2M via restructuring US and European businesses while lowering supply chain/safety risks from world events.

  • Covered financing of acquisitions and major capital investments with a $500M private placement bond issuance.

  • Reallocated/realigned bank debt to match cash flows/investment needs and assets to capture interest rates.

  • Closed 3 profitable, strategic acquisitions (Netherlands, UK, US) to expand product offerings, enter new markets, gain customers.

  • Improved assets/people safety by investments in cybersecurity/global analytical tools, plus upgrading/standardizing infrastructure.

  • Established Treasury function at OSI GROUP: developed processes, procedures, controls, reporting, etc.

  • Within first year, completed sale of 40% of company, closed $1.2B multi-currency credit facility, paid off sub debt.

  • Developed capital plan for $800M investment into Asia over a 6-year period using capital and shareholder loans.

  • Reduced global finance staff turnover from 50% to <10% through mobility, development, and expanded horizons.

    Sherry’s additional responsibilities were as OSI GROUP’s Global IT and Global Risk Management, plus OSI Group’s Managing Director for 3 portfolio companies in Germany. One of her accomplishments in these roles was when Sherry successfully managed a China incident, via many discussions with local Chinese bankers and government officials, that preserved cash and permitted funding actions needed to fulfill the Chinese government’s demands, plus allowed OSI GROUP to recover losses from insurance.

    Sustainability of climate, environment, and animals is another area of importance where Sherry:

  • Mitigated environmental impacts of large capital projects in Austria, Poland, US, UK, and Spain while funding/validating efforts conformed to grant/incentive requirements and submitting audit work to government, regulatory, and funding entities.

  • Assured conformance in Poland, UK, Austria, Asia, and Australia to humane treatment and animal welfare standards stricter than any government standards and in accord with McDonald’s animal welfare standards.

  • Collaborated with Australian farmers on sustainable cattle and feed production—pilot program in 2022 was rolled out in 2023.

  • Led recycling cardboard at US and European facilities; fat and oils globally from most production facilities with fryers; and utilized anaerobic digesters to transform waste in UK and Poland into electricity for plants and neighboring energy grids.

    Prior positions were with:

  • OFFICEMAX, a $9B NYSE-listed global office supply company servicing consumer and business needs in US, Canada (CA), Australia, New Zealand, and Mexico—led global liquidity, foreign exchange risk management, and treasury controls; minimized cash storage risks.

  • BAXTER HEALTHCARE CORPORATION, a $8B NYSE-listed global healthcare products manufacturer—launched US/CA ERP system; revamped $3.5B of Korea/China/Brazil/Argentina/Italy/France/Switzerland/India/Venezuela financing—cleared $90M FX risk.

  • KRAFT FOODS/KRAFT GENERAL FOODS, an $18B NYSE-listed global food and beverage company with sales and operations in US, Europe, Asia—revamped production planning strategy that reduced Kraft’s Operation’s annual budget by $15M with better marketing alignment; lowered transportation costs/reduced SKU numbers that improved supply chain resiliencies; identified/corrected underperforming plants + enhanced plant/employee safety as team member—promoted from analyst to a Divisional Controller.