Professional Summary
Professional Overview
Pete Ting is an accomplished Chief Financial Officer with extensive experience in the higher education and retail industries. He is known for his strategic financial management, operational excellence, and ability to drive organizational growth and profitability.
Current Role
As the Chief Financial Officer at Follett Higher Education, Pete is responsible for overseeing the company's financial operations, leading the finance and accounting teams, and collaborating with cross-functional leaders to support the company's strategic initiatives. He plays a pivotal role in developing and implementing financial strategies that enhance the organization's overall performance and position it for long-term success.
Career Progression
Prior to his current role, Pete held several senior financial leadership positions, including serving as the Chief Financial Officer and Treasurer for Follett Corporation, as well as the Senior Vice President and Chief Financial Officer for the North America and Latin America regions at HGS - Hinduja Global Solutions. He also spent over a decade with Ace Hardware Corporation, where he held dual roles as the Vice President, International Chief Financial Officer and Corporate Treasurer.
Pete's extensive experience in the retail and higher education sectors has equipped him with a deep understanding of the unique financial and operational challenges faced by these industries. He has demonstrated a track record of driving financial transformation, improving operational efficiency, and enhancing profitability through strategic decision-making and effective financial management.
Academic Background
Pete holds a Bachelor's degree in Accounting from the University of Illinois at Urbana-Champaign. He is a Certified Public Accountant (CPA) and has also completed executive education programs at leading institutions, further strengthening his financial expertise and business acumen.
Areas of Expertise
- Financial strategy and planning
- Capital structure optimization
- Mergers, acquisitions, and integrations
- Treasury management and cash flow optimization
- Financial reporting and compliance
- Performance management and analytics
- Operational efficiency and cost optimization
Professional Impact
Throughout his career, Pete has played a pivotal role in driving financial and operational excellence, with a track record of delivering tangible results. He has been instrumental in guiding organizations through complex financial and strategic challenges, helping them navigate periods of growth, transformation, and market shifts.
Conclusion
With his deep financial expertise, strategic mindset, and proven leadership capabilities, Pete Ting is well-positioned to continue driving Follett Higher Education's financial performance and supporting the company's long-term growth and success. His commitment to operational excellence and his ability to collaborate cross-functionally make him a valuable asset to the organization.
