Carrie W. Teffner is a strategic, financial, and operational executive with over 25 years of experience assisting consumer product and retail companies grow their businesses worldwide. Carrie’s career has been marked by leading successful large-scale transformational initiatives thanks to her ability to engage, inspire and lead teams and organizations through significant change.
Carrie was appointed to the Crocs Board of Directors in 2015 and the Rebuilding Together National Board of Directors in 2013. After 6 months on the Crocs Board of Directors she was asked by the Board to assume the responsibilities of EVP & CFO to help the company navigate through a challenging SAP implementation and deficiencies in the company’s internal control environment.
Prior to Crocs, Carrie served as EVP & CFO for PetSmart, Inc., a Fortune 300 company where she was responsible for finance and IT. After an activist entered the stock, she partnered with the board and ultimately helped lead the company through an $8.7B LBO generating a 39% premium to the unaffected stock price. She then testified in the trial of the appraisal case that followed, resulting in the Delaware court ruling that the purchase price represented the fair value of the company.
Carrie served as EVP & CFO of Weber Stephen Products LLC (the Weber grill company) from 2011 to 2013. From 2009 to 2011, Carrie was SVP & CFO of The Timberland Company where she successfully facilitated the sale of the company to VF Corporation for $2B, a 43% premium to the closing price.
The first 21 years of Carrie’s career was with Sara Lee Corporation, a Fortune 100 company. At Sara Lee, Carrie held various domestic and international roles including divisional and segment CFO roles, and Corporate Treasurer, where she received Treasury and Risk’s 40 Under 40 Outstanding Finance Executive award. Carrie held an expat assignment in the Netherlands as the SVP & CFO of the Household & Body Care segment ($2.3B), Sara Lee’s most international segment with business units in over 40 countries across EMEA and APAC. Carrie was also responsible for building out Sara Lee’s North American financial shared service center, supporting more than half of the global business ($13B).
Carrie received her BS and MBA degrees from the University of Vermont.