Borders Group Appoints Scott Henry as CFO
Borders Group, a specialty retailer of books, has appointed Scott Henry as executive vice president (EVP) and chief financial officer (CFO). He reports to Mike Edwards, president of Borders Group and president and chief executive officer (CEO) of Borders, Inc.
Henry is a seasoned executive who brings more than 20 years of financial management experience to Borders Group. He has expertise in all aspects of internal and external corporate and operational financial management and business development. Since April 2009, Henry has been president of SD Henry Strategic Services, a provider of business and financial consulting services focused on the gaming, hospitality and leisure industries.
From September 2004 to April 2009, Henry held senior executive roles, including CFO and senior vice president (SVP)-finance at multinational Las Vegas Sands Corp, where, among his other accomplishments, he led capital raising and financing transactions amounting to more than US$22bn to support the company’s growth plans including its IPO. While at Sands, Henry oversaw the fortification of the company’s controls platform and led the company through the Sarbanes Oxley (SOX) process. He jointly engineered the overhaul and expansion of the finance departments to support the company’s growth and business development efforts, as well as the implementation of business process improvements designed to streamline and enhance efficiency of the company’s operations. Additionally, in the midst of the global credit and financial crisis, Henry played an integral leadership role in Sands’ cost savings and liquidity management efforts.
Prior to joining Las Vegas Sands Corp, Henry spent over 17 years on Wall Street as an investment banker, responsible for providing strategic advisory, capital raising and financing services to businesses across a wide range of consumer-centric and real estate-intensive industries, including gaming, hospitality and leisure, telecommunications, media and technology and real estate.
He has held senior management positions at ABN Amro, Prudential Securities and Salomon Brothers. Henry earned his BSc in Finance, Management Information Systems and Statistics from Syracuse University School of Management.