Irene Sinrich Sudac retired in 2023 after serving as the president of Snap-on SecureCorp since 2014, leading Snap-on’s two captive insurance companies with full P&L responsibility and double-digit annual revenue growth. She started with Snap-on in 2010 as vice president, Financial Services for Snap-on, Inc. and Snap-on Credit Corporation, where she was responsible for all treasury, corporate and franchise risk management, and global financial services, plus Snap-on Credit Corporation’s full P&L and leading 300 employees with Snap-on, Inc.’s treasurer and Snap-on Credit Corporation’s president as direct reports. Snap-on, Inc. is a $4.5B NYSE-listed B2B manufacturer.
Prior to joining Snap-on, Inc., Sudac held numerous senior financial positions at Cabot Corporation, a $3B NYSE-listed global diversified specialties material manufacturer and for Philips, an €18B Euronext-listed Dutch multinational technology company.
Sudac was a Basic Industries Advisory Group Member for Madison Dearborn Partners, LLC (MDP), a $23B management buyout and venture capital firm, working with MDP’s basic industries sector team in an independent capacity from 2020-2023.
Sudac also serves as the board chair of Goodwill Industries of Southeastern Wisconsin and Metro Chicago, the largest Goodwill operations, serving on their executive committee; audit, risk, and compliance; nominating and governance; DEI and human resources and compensation committees.
Sudac was recognized as a Crain’s 2020 Notable Women in Manufacturing and is a certified director through the National Association of Certified Directors (NACD).
Sudac is a trustee of the The Goodman Theatre of Chicago, serving on their finance committee.
Sudac received an AB in economics, magna cum laude from Brown University and an MBA in finance and international business from Harvard Business School. She also earned a certificate of accounting from NYU Stern School of Business and recently a Stanford digital transformation certificate from Stanford University’s Stanford School of Engineering.
Sudac was elected to the board of directors in 2020.