Geoff Carpenter

Vice President and Treasurer

Amway, USA

Industry:
Direct selling
Annual turnover:
€7.5bn
Treasury staff:
22
Treasury structure:
Combination of all
TMS:
Yes
Cross-border pooling:
Yes
Cash rich or debt:
Cash rich

Speaker profile

Geoff Carpenter serves as Amway’s Vice President and Treasurer, a $10B leader in the direct selling business.  He is responsible for providing leadership for all treasury functions in the U.S. as well as 60 overseas affiliates.  He joined Amway June 2009.  Prior to Amway, Carpenter was at The Boeing Company starting in 2001 where he first served as Assistant Treasurer at their World Headquarters, and later as Treasurer and Director of Planning  for Boeing Capital Corporation.  Previous to Boeing , he worked at DaimlerChrysler and Lockheed Martin in various finance roles.  Carpenter earned an MBA from Northeastern University in Boston, and his bachelor’s degree in marketing from the State University of New York of Albany.

Corporate profile

Amway ( http://www.amway.com )is one of the world's largest direct selling businesses. Amway's parent company, Alticor Inc., reported global sales of $9.2 billion in 2010. Founded in 1959 and based in Ada, Michigan, USA, Amway offers consumer products and business opportunities in more than 80 countries and territories worldwide. Amway's top-selling brands are NUTRILITE® vitamin, mineral and dietary supplements, ARTISTRY® skincare and colour cosmetics, and eSpring® water treatment systems. The company provides product development, manufacturing and logistics services through its Access Business Group and Alticor Corporate Enterprises divisions.