Randall J. Scheuneman

Chief Accounting Officer & Vice President at Illinois Tool Works, Inc.

Randall J. Scheuneman

Randall J. Scheuneman

Chief Accounting Officer & Vice President at Illinois Tool Works, Inc.

Overview
RelSci Relationships

676

Birthday

1968

Age

50

Relationships
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Chief Executive Officer at Illinois Tool Works, Inc.

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President & Director at ITW Polymers Sealants North America, Inc.

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Executive Vice President at Illinois Tool Works, Inc.

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President at DUO-FAST Corp.

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Former Vice Chairman at Illinois Tool Works, Inc.

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Vice President, Human Resources at Illinois Tool Works, Inc.

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Vice President & General Manager at Hobart Brothers Co.

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Group President at ITW Food Equipment Group LLC

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Business Unit Manager, Hi-Cone at Illinois Tool Works, Inc.

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Senior Vice President & Chief Financial Officer at Illinois Tool Works, Inc.

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Randall J. Scheuneman
Chief Accounting Officer & Vice President at Illinois Tool Works, Inc.
Education
Undergraduate Degree

The University of Chicago's Office of Investments (COI) is responsible for managing the University's investment assets, which includes overseeing the endowment to ensure that it benefits both current and future generations of the University of Chicago. COI oversees the broad investment strategy and provides input to the development of the strategic and tactical investment policies of the University & UCMC endowments, pension plans and self-insurance trust assets. Their strategy combines qualitative and quantitative analysis, seeking to achieve superior investment performance on a risk-adjusted basis.COI's approach seeks to evaluate the investment strategy as an integrated part of the operating plans of the University rather than in isolation and focuses the the University's overall success, not investment returns. The endowment is well-diversified across a variety of asset classes, including global stocks and bonds, real estate, natural resources, private equity, absolute return strategies and protection (tail-hedging strategies). Asset class exposure is achieved primarily by selecting and engaging external managers. COI manages the global macro and the overlay portfolio to ensure that the portfolio's overall positioning is compliance with the endowment's investment guidelines.COI's strategies for investing in the public markets include: Absolute Return, Private Debt, Fixed Income and Credit. and Global Equities.COI's real assets team invests globally in real estate and natural resources using outside managers. The real estate portfolio invests globally in value-added and opportunistic strategies using both private partnerships and public vehicles. The natural resources portfolio invests globally in strategies that include, but are not limited to: oil and gas exploration & production; power generation; infrastructure; timber; mining and minerals; and agriculture.

Undergraduate Degree

The University of Illinois at Urbana–Champaign is a public research-intensive university in the U.S. state of Illinois. It is the flagship campus of the University of Illinois system. The University of Illinois at Urbana–Champaign is the second oldest public university in the state (after Illinois State University), and is a founding member of the Big Ten Conference. It is considered a Public Ivy and is a member of the Association of American Universities.

MBA

The University of Chicago Booth School of Business is a graduate business school located in Chicago, Illinois, at the University of Chicago. Formerly known as the University of Chicago Graduate School of Business, Chicago Booth is the second-oldest business school in the U.S., the first such school to offer an Executive MBA program, and the first to initiate a Ph.D. program in business. The school was renamed in 2008 following a $300 million endowment gift to the school by alumnus David G. Booth. The school has the third-largest endowment of any business school. The school's flagship campus is located in the Hyde Park neighborhood of Chicago on the main campus of the university. The school also maintains additional campuses in London and Asia (originally Singapore, but in July 2013 a move to Hong Kong was announced), as well as in downtown Chicago on the Magnificent Mile. In addition to conducting graduate business programs, the school conducts research in the fields of finance, economics, quantitative marketing research, and accounting. Chicago Booth is currently ranked first in the United States by Bloomberg Businessweek and first globally by the Economist.

Career History
Chief Accounting Officer & Vice President
2009 - Current

Illinois Tool Works, Inc. manufactures industrial products and equipment. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment manufactures equipment, consumables, and related software for testing and measuring of materials, structures, gases and fluids. The Food Equipment segment supplies commercial food equipment and provides related services. The Polymers & Fluids segment provides adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment furnishes arc welding equipment, consumables and accessories for a wide array of industrial and commercial applications. The Construction Products segment makes construction fastening systems and truss products. The Specialty Products segment manufacturing beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company was founded by Byron L. Smith in 1912 and is headquartered in Glenview, IL.

Principal Accounting Officer
2002 - Prior

Grainger helps customers save time and money by providing them the right products to keep their facilities up and running. Grainger's customers are 2.0 million businesses and institutions in 157 countries. While each customer has a unique facility to operate and a different problem to solve, our customers all share the same requirement: when they need one of Grainger's products, they often need it right away. With more than 21,446 team members, the Grainger team works closely with customers to better understand their challenges and provide cost-saving solutions. Grainger's team members serve customers around 96,000 times every day through multiple channels. With 2011 sales at $8.1 billion, Grainger is a Fortune 500 company and a perennial member of Fortune magazine's Most Admired Companies list

Vice President, Finance
2006 - 2009

GHC Specialty Brands LLC distributes industrial and safety equipment. It products include air monitors, chemical storage, spill clean-up products, eyewash stations, fire extinguishers, cleaning solutions, material handling, tools, and electrical and HVAC equipment. The company was founded by Donald D. Hedberg and Gerry Hedberg on April 1, 1973 and is headquartered in Janesville, WI

Public Holdings
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Other Affiliations
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