Charles J. Dockendorff
Charles J. Dockendorff
Former Executive Vice President and Chief Financial Officer for Covidien, a publicly traded medical device and supplies company, Charles J. Dockendorff was responsible for the company’s global financial management activities, including Corporate Accounting, Tax, Treasury, Financial Planning and Investor Relations, as well as Internal Audit and Information Services.
He became the EVP and CFO of Covidien, which spun out of Tyco Healthcare in 2007. At the time, it was one of the largest spins in the medical device industry with a market cap of $27 billion. Dockendorff was responsible for building out the corporate finance team, reporting financials and working with a new Board of Directors for the new public company. While at Covidien, he also worked with the senior management team to develop and implement a comprehensive strategy for growth and profitability, which required increased investments in research and development, sales and marketing, growth functions and infrastructure in emerging markets.
Prior to his tenure at Covidien (formerly Tyco, Tyco Healthcare Division, and Kendall Company), Dockendorff was responsible for the overall financial health of each entity prior to acquisition. In varying professional capacities, he has managed the acquisition and integration of more than 60 companies, been responsible for company revenue increases ranging from approximately $1 billion to more than $10 billion, and expanded international business capacities from 10% of revenue to more than 40%. Dockendorff’s sound financial and business acumen has produced more than 20% operating margins in the integration of overall business portfolios.
His career in financial management began at General Motors Financial in its accounting division. He later worked with Ernst & Young (formerly Arthur Young) as a certified public accountant specializing in banking, the high-tech industry, and transportation. He earned a graduate degree and then went to a company focused on infrared technology for the military, where he successfully managed more than $25 million in annual revenue. He later served as the CFO of Epsco, Inc. and again specialized in defense programs and military subcontractors, facilitated business and company acquisitions and managed more than $40 million in annual revenue. He also facilitated the successful sale of the company to Lucas Aerospace.
Dockendorff is a graduate of the University of Massachusetts at Amherst with a degree in accounting. He received his Master of Science in finance from Bentley College. He enjoys flying and has been a pilot for more than 12 years. Dockendorff is an avid golfer and a Boston sports fan. He has been married to his wife, Carol, since 1979. They have two adult children, who are both married, and two grandchildren. They reside in Massachusetts.