CEO Today Business Women of the Year Awards
www.ceotodaymagazine.com 72 CEO Today Business Women of the Year Awards 2019 USA CFO of Parts Town ABOUT LORI SHERWOOD Lori Sherwood is the Chief Money Maestro (aka Chief Financial Officer) of Parts Town, leading finance and legal functions, and overseeing talent and culture. She joined the company in 2014, and her relationships on the accounting, valuation and legal fronts have been instrumental to the company’s 30% organic annual growth rate, including spearheading the acquisition of 11 companies (so far) during her Parts Town tenure. Lori was recently named to the Crain’s Chicago Business list for 2019 of Notable Women Executives over 50. Prior to joining Parts Town, Lori served as CFO of Huskie Tools and VP and CFO of Tippmann Sports, LLC. From 2001 to 2004, she served as the VP of Finance at LMA North America. Her career in finance began at Bell Sports, where she held a variety of roles from 1993 to 2001. Sherwood earned a Bachelor of Science degree in management science from the Massachusetts Institute of Technology in 1988 and an MBA at Boston University in 1991. Lori is a formal mentor in the PT Holdings Women’s Network and participates in Parts Town’s Helping Hands community service initiatives, building gardens for elementary schools and raising funds for charities. In her spare time, she enjoys traveling - having been to all seven continents with her husband - and wildlife & landscape photography. Between trips, they write coffee table-style books with photography from trips and tales of their adventures. FIRM PROFILE Parts Town is the market-leading distributor of genuine OEM (original equipment manufacturer) foodservice equipment parts. When there’s a hiccup in any commercial kitchen, Parts Town is ready to jump in and help with the most in-stock parts on the planet, innovative technology, and an unmatched customer experience. Customized solutions benefit food equipment service companies, chain restaurants, institutions and independent restaurants. Parts Town leads the way in industry innovation. Its Serial Number Lookup tool uses model serial number level detail from a variety of foodservice equipment manufacturers to create a more precise search and order process for buying replacement parts for commercial kitchen equipment. The 360-degree imaging technology, PartSPIN®, valuable interactive diagrams, convenient Smart Manuals, and the industry’s first mobile app allow customers to easily and conveniently find and view equipment manuals and parts in the field, where that info is needed most. These innovations, paired with same day shipping and extended hours of operation, ensure the correct part is ordered and delivered every time. Partnering with the top manufacturers of commercial cooking, refrigeration, ice and beverage equipment and more, Parts Town improves the supply chain, increases sales of genuine OEM parts and keeps every customer’s business running like clockwork. Parts Town has been recognized for its company’s growth including 11 consecutive years of making the prestigious INC. 5000 list, as well as seven placements on the Crain’s Chicago Fast 50 list. Parts Town makes finding and buying foodservice equipment parts easy, fast and kinda fun. www.partstown.com www.linkedin.com/in/lori-sherwood-087b337/ LORI SHERWOOD
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