INDIANAPOLIS – Kristin T. Sherman, Chief Financial Officer for VMS BioMarketing, a healthcare marketing firm focused on improving patient outcomes, has been elected to the Board of Managers of LDI Ltd., LLC.
“Kristin brings perspective from a career in the life science industry and significant M&A experience to LDI,” said Andre B. Lacy, chairman of LDI. “Her international finance experience and experience developing human capital support LDI’s long term growth strategy. We are excited for the knowledge and insight that Kristin will bring to our Board.”
In recent years, LDI has focused on diversifying its portfolio of operating companies. Acquiring OIA Global in 2010 was the first step in diversification from pure distribution businesses. This was followed by the merger of Tucker Rocky/Biker’s Choice with Motorsport Aftermarket Group in 2014 and the acquisition of UltiMed, a manufacturer of medical injection devices for human and veterinary diabetes.
“Our strategy is to manage a diversified portfolio of operating companies. We seek companies with long-term growth potential and then build those companies from good to great through additional investment and strategic counsel,” said J.A. Lacy, President and CEO.
Prior to VMS, Sherman served as the Chief Financial Officer for several biotech firms including Calibrium, LLC until its acquisition by Novo Nordisk in 2015 and Marcadia Biotech which was purchased by Roche in 2010. Sherman also served as the Treasurer and Vice President of Finance for Guidant Corporation during the sale of Guidant to Abbott and Boston Scientific. She began her career in various finance positions with Eli Lilly and Company.
Sherman earned her B.A. in economics from DePauw University and her MBA from The Tuck School of Business at Dartmouth College. She serves as Treasurer of the Community Health Network Board of Directors and Chair of the Audit, Compliance and Finance Committee.
About LDI, Ltd.
LDI is an Indianapolis-based family office with more than a century of experience operating high-potential, middle-market companies. Originally founded by the Lacy family in 1912 as U.S. Corrugated-Fiber Box Company, LDI today represents a diversified portfolio of operating companies which employ more than 3,000 people in greater than 20 countries.
LDI continues to build expertise in manufacturing, distribution, online retail, logistics, and medical device businesses while seeking new acquisition opportunities. For more information about LDI and its operating companies, please visit www.ldilltd.com