Charter Next Generation Appoints Todd Herndon as CFO
On September 22, 2026, Charter Next Generation (CNG), a leader in material science solutions, announced the appointment of Todd Herndon as Chief Financial Officer (CFO). With a career spanning over 35 years in financial and operational leadership, Herndon brings invaluable expertise to the role that is pivotal for CNG's strategic growth and financial positioning.
Who is Todd Herndon?
Prior to joining CNG, Todd Herndon held the CFO position at Consilio, a prominent provider of legal technology solutions. His impressive resume includes leadership roles in numerous large-scale businesses within both industrial and consumer manufacturing sectors. Herndon has also garnered significant experience working with leading private equity firms, such as KKR and Bain Capital, which positions him uniquely to shape CNG’s financial vision.
During his initial statements about joining CNG, Herndon expressed enthusiasm for the company’s ethos of ownership and innovation. “CNG has built an impressive business with strong capabilities, a differentiated portfolio, and a culture grounded in ownership,” he stated, indicating his readiness to contribute to the team and to help accelerate the company's growth trajectory.
CNG's Vision Moving Forward
CNG’s Chairman and CEO, Kathy Bolhous, highlighted Herndon’s skill set as particularly beneficial as the company continues to evolve and adapt in a competitive market. She emphasized that his diverse background provides a balanced perspective that is crucial for enhancing company performance and driving sustainable growth.
In this role as CFO, Herndon will lead CNG's Finance division and play a substantial role in establishing the company's financial strategy and capital allocation. Based at the company’s headquarters in Chicago, he will report directly to Bolhous and be a key member of CNG's Executive Leadership Team.
CNG prides itself on its reputation as a pioneer in sustainable material science solutions. With an extensive array of capabilities across flexible packaging and critical applications, including sectors like food and healthcare, the company is well-poised for future adaptation. The employee-owned business model fosters innovation while inviting diverse voices into the decision-making process, further solidifying its market position.
A Sustainable Future
With 18 facilities in the U.S. and more than 2,700 employee owners, CNG emphasizes long-term value creation through shared success. This structure not only exemplifies teamwork but also aligns with their commitment to addressing significant global challenges, such as minimizing waste and supporting climate resilience efforts. The overarching goal is to uphold a strong financial foundation while remaining dedicated to sustainable practices.
Herndon’s background in finance and commercial strategy indicates that he will be an instrumental figure in CNG's next phase of development. As the company continues to innovate and expand, his guidance will become increasingly significant in shaping strategic decisions that reinforce CNG’s leadership in material science solutions.
Conclusion
CNG stands at a pivotal moment in its journey, with Todd Herndon joining the leadership team as CFO. His extensive experience, combined with a clear vision for the future, will certainly play a critical role in steering the company towards continued success. As CNG advances its mission, it reaffirms its dedication to creating high-performance, sustainable solutions that not only meet current market demands but also contribute positively to society and the environment.
For more information about Charter Next Generation and its innovative solutions, visit
cnginc.com.