Theresa Hearn

Director, RedRidge

Theresa Hearn has performed financial due diligence on transactions across North America, Europe, and Australia ranging in value from $1 million to over $1 billion. She possesses highly valuable transaction advisory experience across a broad range of industries - including healthcare, manufacturing, energy, oil and gas, media, consumer goods, and transportation and logistics. A graduate of the Indiana University Kelley School of Business, Theresa holds a Bachelor of Science degree in both accounting and finance and is a member of the Healthcare Financial Management Association. 

A pioneer for women in due diligence, Theresa’s analytical prowess, dedication to clients, and consistent devotion to success are a step above the rest. She is an expert problem solver - from high level to complex details - regularly drawing on experience to provide clarity, leverage, and thoughtful insight to every deal. In her role at RedRidge, Theresa leads deal teams in quality of earnings, specialty finance, and lender service engagements - ensuring the best work product is delivered to her clients. She is always willing to give the most of herself.

What advice would you offer to women just starting out in the industry?

Take initiative and be in control of your career path from day one. Do this by seeking out individuals in the organization you admire and respect – learn from their successes, take cues on what works, and emulate their approach. I’ve always looked for ways to bring value and help others. Forging your path forward is the best way to learn, build relationships, and find meaningful success. 

What do you know now that you wish you knew in the beginning of your career?

Be confident and find your voice. The truth is: you are respected and valued – even in a room filled with senior colleagues and years of experience. I was fortunate to work with exceptional managers and teammates who appreciated my point of view early on and took notice as I grew in my career. Feel empowered to share your perspective – you are being listened to.

What do you enjoy most about your role? Least?

In my role, I most enjoy the diversity and challenges each day brings. No two days are exactly the same and wearing different hats is standard practice for everyone on the team. Our company culture is also very encouraging and uplifting, meaning we share in excitement and responsibilities. Currently, the most challenging aspect of the job is less side-by-side, personal interaction as the pandemic work environment continues. To overcome this, I’ve adapted and found ways to nurture relationships, even from afar. 

How do you balance work/personal time?

I’ve found open communication is the best way to balance work and life routines. Be honest with your employer (and yourself) about when and how much time you need to attend to your children, home and personal wellness. I am a mother with young kids, so logging off each evening to spend time together is imperative. My team respects my obligations and responsibilities – as a mother and valued team member. Set appropriate boundaries early to maintain excellent balance. 

How can commercial finance organizations attract and retain more women?

The most important thing to remember: representation matters. If a female candidate does not see women in management or leadership positions within an organization, she is less likely to picture an ascending career path and apply. I believe women belong in recruiting, decision-making and hiring roles to ensure all perspectives and voices are heard.

What do you think work will look like in the post-pandemic world? 

While we all wish we could return to the office and normal work interactions, I am feeling a strong desire for continued flexibility – including incorporating hybrid work weeks with a mix of remote and in-person. I have grown to appreciate the efficiencies from a flexible schedule, including making more connections in less time (with less travel required). Continued travel and face-to-face work will likely depend on the depth of the business relationship and the development required.