Heidi

Matheys

C-Level

Former Valvoline, Inc.

Lexington,

Kentucky

Industry

Consumer Products

Area of Expertise

Business Transformation

Immediately Qualified to Serve

Nominating and Governance

Previous Board Experience

Nonprofit

Heidi Matheys is a public company C-suite leader with experience across CPG, B2B and retail in the automotive, medical devices and healthcare sectors. Reporting to the CEO of Valvoline Inc. (NYSE: VVV; Market Capitalization ~$5B) for over a decade, Matheys played a significant role in the company transformation. As P&L lead of the $0.8B CPG business, she drove record profit for three years, helping enable the Valvoline Inc. IPO in 2016 and separation from parent company Ashland Inc. in 2017. She was part of the leadership team that negotiated and executed the divestiture of 50% of the Valvoline business to Aramco in 2023 for $2.6B. Prior to Valvoline Inc., Matheys was commercial lead for the Dailies Total1 contact lenses global launch at Alcon (NYSE: NVS) and had various brand management roles at Johnson & Johnson (NYSE: JNJ).

Matheys is known for her ability to help mature businesses in evolving categories mitigate long-term commercial risks and drive sustained profitability. She brings strong P&L leadership and experience interacting with investors and boards. Her ability to identify commercial risks and drive business model evolution to accelerate growth coupled with an extensive background in consumer go to market and digital marketing/omnichannel give her a solid platform for board contribution.

Matheys is unique due to the breadth of her functional experience. In addition to P&L leadership, she has led global marketing, sales, digital/eCommerce, IT, product strategy, retail training and customer support, incubation, innovation and business model transformation.