Professional Summary
Professional Overview
Tim Hafer is the Executive Vice President and Chief Financial Officer at KRONOS Worldwide, Inc., a leading manufacturer and marketer of titanium dioxide pigments. With over 35 years of extensive finance and accounting experience, he brings a strong track record of strategic financial leadership and operational excellence to his current role.
Experience Summary
Current Role
As EVP and CFO at KRONOS Worldwide, Inc., Tim is responsible for overseeing the company's financial operations, including financial planning and analysis, treasury management, tax compliance, and risk management. He plays a crucial role in driving the company's financial strategy, ensuring robust internal controls, and improving overall financial performance.
Career Progression
Prior to his current position, Tim served as the Senior Vice President and Controller at KRONOS Worldwide, Inc. for over 22 years. In this role, he was instrumental in streamlining financial processes, enhancing reporting capabilities, and supporting the company's strategic growth initiatives. Before joining KRONOS, he held various finance and accounting roles, including Controller at Fujitsu-ICL Systems Inc. and Chief Financial Officer at Halter Capital Corporation and Millennia, Inc. He began his career as an Audit Manager at PricewaterhouseCoopers.
Academic Background
Tim holds a Bachelor's degree in Accounting from the University of Texas at Austin. He is a Certified Public Accountant (CPA) and has maintained his professional certification throughout his career.
Areas of Expertise
- Financial planning and analysis
- Treasury management
- Tax compliance and optimization
- Risk management and internal controls
- Mergers and acquisitions
- Financial reporting and process improvement
- Strategic decision-making and business partnering
Professional Impact
During his tenure at KRONOS Worldwide, Inc., Tim has played a pivotal role in driving financial performance and supporting the company's growth initiatives. He has implemented robust financial systems and processes, resulting in enhanced data accuracy, streamlined reporting, and improved decision-making capabilities. Tim's strategic leadership has been instrumental in securing favorable financing terms, optimizing the company's tax structure, and mitigating financial risks.
Conclusion
With his extensive finance and accounting expertise, strong leadership skills, and proven track record of success, Tim Hafer is well-positioned to continue driving KRONOS Worldwide, Inc.'s financial strategy and contributing to the company's overall growth and profitability.
