|Born Name||Meredith Schwarz|
|Profession||CFO and Businessperson|
|Net Worth||$800 thousand|
Meredith Schwarz is a Partner & Chief Financial Officer at The Minnesota Birth Center.
2019‘s 40-under-40 nominee by The Business Journal is also a Partner/Advisor at Rustica Bakery located at 3220 W Lake St, Minneapolis, MN 55416. Currently, she seems focused on bringing joy to customers and strengthening the brand, Rustica.
Net Worth of Meridith Schwarz
As a Chief Financial Officer at The Minnesota Birth Center, the 38-year-old earns around an estimated $314,000 to $499,000, while earning much more as a partner there.
It is estimated that the average revenue of a bakery throughout the US is around $450,000 per year. But as we know that not all bakeries are the same, there are bound to be some variations to this figure.
In recent days, Columbia University graduate Meredith is engrossed in catering to her customers, providing top-notch products as well as improving and implementing every business approach at Rustica. As an outcome of which the Bakery is doing really well and yielding more revenue than that of an average. Therefore, Meridith is assured of a sizeable large chunk out of the profit being the partner.
In her early days, while she was working at JP Morgan, she was approximately paid around $39,000 per year. Likewise, after taking the job as an operation head in General Mills’ M&A group, her earning was estimated to be $54,000 per year. After she was appointed Manager of General Mills, her salary had a whopping increase to an estimated $93,500 annually. Along with the incentives, it would sum up around $118,500 per year.
Schwarz, in addition, started self-investing through Encore Consumer Capital and General Mills. Therefore, we can conclude Meridith Schwarz’s net worth is somewhere in six figures, around $800 thousand. Similarly, Marissa Heremr and Jeanie Buss are also in a similar region of fortune.
Career of Meredith Schwarz
After graduation, in June 2003, Meredith started working for JP Morgan, a multinational investment bank and financial services holding company based in New York, where she worked as Analyst and Associate. Schwarz had to catch up on several roles of asset management, mergers, and acquisitions during her stint there.
Following her exit from JP Morgan in August 2008, Meredith took a job of looking after the various transactions regarding the company at General Mills’ M&A group.
Eventually, around 2012, Meredith Schwarz was appointed as the Manager of General Mills Ventures in Minneapolis. Schwarz was responsible for setting the direction of the fund, managing the portfolio of existing investments, and developing the pipeline for new investment opportunities. They focused on venture investing in food tech, packaged food brands, and digital media at that time.
In August of 2015, the entrepreneur opted to leave General Mills Venture and joined Encore Consumer Capital as Vice President & Operating executive. Serving at the post for around ten months, she left the company in May 2016.
Meridith joined Rustica as a Partner/CEO in January 2017. Her experiences financial and business skills at General Mills Inc and Encore Consumer Capital led the Bakery to its most profitable year. After serving as a CEO for 2 years and one month, she shifted her role to Partner/Advisor for Food and Retail.
Furthermore, in August of 2019, Schwarz expanded her investment by joining The Minnesota Birth Control as Partner and Chief Financial Officer.
Personal Life of Meridith Schwarz
Even after working in professional-managerial roles in some of the giant investing companies like JP Morgan, General Mills Venture, and Encore Consumer Capital, information regarding the business mastermind is scarcely available.
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We could only find little information regarding Meredith in her recent business partnership, Rustica and The Minnesota Birth Control. Her social media is nowhere to be seen apart from her solitary Linkedin Profile.
It seems like the business lady is pretty secretive about her personal life. As a matter of fact, she appears to stay away from the limelight of the media and the public. Therefore, her relationship status is of anybody’s guess at the moment.
Education of Meredith Schwarz
38-year-old Meredith Schwarz was born in the year 1981. Schwarz graduated from Barnard College, Columbia University with a degree in Economics and English.
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Being a diligent person in her area of Investment Analysis, Meredith worked in some of the best companies in the US. And, now she’s at Rustica.
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