All Press Releases for May 16, 2024

Marquis Who's Who Honors Aurelie Schmitt for Expertise in Accounting and Finance

Aurelie Schmitt is honored for her contributions as the head of finance at Philips



Ms. Schmitt does not miss an opportunity to use every business case as a teaching moment for her team to push for best-in-class business partners and help their professional growth.

    COLORADO SPRINGS, CO, May 16, 2024 /24-7PressRelease/ -- Aurelie Schmitt has been selected for inclusion in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Ms. Schmitt has established herself as a formidable expert in budgeting and process improvement throughout her extensive career in the field. Currently serving as the head of finance at Philips since 2023, she plays a pivotal role in managing the company's financial strategy and operations. Ms. Schmitt works closely with the chief financial officer and vice president of operations to oversee the industrial financial results across multiple locations, including a plant in Costa Rica, five other locations in the U.S., and several international distribution centers. With a passion for inventory management, she equally supports the inventory position partnering with the supply chain leader at Philips. Her strategic approach to financial management has been instrumental in driving cost savings and enhancing procurement processes through contractual agreements. Building strong relationships comes with ease as she has navigated partnering with cross functions throughout her career, as well as her international exposure with global companies. It led her to receive several team awards across her career. Ms. Schmitt is fluent in French and likes to consider herself fluent in operational language to translate the financial results. Ms. Schmitt does not miss an opportunity to use every business case as a teaching moment for her team to push for best-in-class business partners and help their professional growth.

Before being promoted by Philips, Ms. Schmitt was the organization's regional controller from 2021 to 2023, where she honed her skills in financial oversight across various regions. From 2019 to 2021, she served as a business unit controller at ABB, focusing on financial planning and analysis. Her tenure at Nutricia, a branch of Danone corporation, as a plant and supply chain controller between 2017 and 2019 was also instrumental in solidifying her expertise in managing complex financial operations within manufacturing environments. A true problem solver, one of her valued skills is to turn financial positions around and strengthen P&L results. Among other noteworthy positions pivotal to her success, Ms. Schmitt was an inventory accounting manager at Academy Sports + Outdoors worth over $1B at the time, a plant controller at Nestlé Waters North America where she found her true calling as a financial strategist, and a senior financial analyst at Louis Dreyfus. Her foundational experiences as an international account manager and internal auditor at ConAgra Foods and as an internal auditor at Mutual of Omaha also helped lay the groundwork for her subsequent achievements understanding the full supply chain cycle.

Ms. Schmitt's educational background includes an undergraduate degree in accounting and finance from the University of Nebraska at Omaha and a Master of Business Administration specialized in Finance from the University of South Carolina, where she graduated with a perfect score. The guidance and mentorship she received throughout her academic journey have been integral to her professional development. Ms. Schmitt's business mentors instilled in her the importance of effective communication, problem ownership, and integrity, which have become hallmarks of her professional persona. One quote that resonates the most for her came from the VP of audit at Conagra Foods: "You fail to plan; you plan to fail!" stuck with her as a young auditor and is at the core of her strategic approach as a servant leader.

Beyond her professional endeavors, Ms. Schmitt is deeply committed to giving back through various organizations, such as the Make-A-Wish Foundation. While she is eager for future professional opportunities for advancement, she prioritizes her role as a mother, leading the path to help mirror her image of a strong woman leader for her three daughters, dedicating her success thus far to her resilience and hard work. Her message as a working woman is to encourage others to choose a path they can be proud of, without compromising who they are. Legacy takes many forms according to Ms. Schmitt, not all are published but it stays with the people we helped along the way. Ms. Schmitt embodies effective servant leadership and strives to keep influencing and contributing to businesses results.

About Marquis Who's Who®:
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Marquis celebrates its 125th anniversary in 2023, and Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. Marquis® publications may be visited at the official Marquis Who's Who® website at www.marquiswhoswho.com.

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