Douglas Owen

Douglas Owen Email and Phone Number

Innovative leader enabling dramatic growth transforming fiscal control, enhancing governance and guiding restructuring
Douglas Owen's Location
Greater Tampa Bay Area, United States
Douglas Owen's Contact Details

Douglas Owen personal email

n/a

Douglas Owen phone numbers

About Douglas Owen

Innovative business executive with over 25 years of demonstrated success in senior leadership roles, positioning global organizations in the United States and Canada for growth. Expert working with “C” level executives to develop and implement strategies that challenge operations, risk, and information management paradigms. Ideal roles will include consulting positions helping leaders looking for deep executive experience to help them move their organizations to the next level through acquisition and/or transformation of their management infrastructure. Demonstrations of expertise;• Led shared service integration/disaggregation of Mellon Financial’s largest acquisition (a 3,500 person HR servicing organization) and largest divestiture (a 4,500 person retail banking operation), and coordinated Bank of Montreal’s acquisition of Harris Bank and Trust, Chicago.• Established leading edge risk-based Sarbanes-Oxley Compliance Program for Mellon Financial. Bank of New York retained this program after acquiring Mellon.• Implemented contemporary multi-GAAP, multi-currency global financial infrastructure enabling off-shoring of select functions. • Created progressive shared services organizations supporting Finance, Human Resources, and Sourcing enabling outsourcing of select activities, reducing unit service costs by 50%, and providing 70% savings in consolidating acquisitions.• Improved corporate cash flow by aggressively managing nearly $2 billion of annual disbursements.• Transformed financial close processes, reducing an 11 day cycle to three days.Specialties: Acquisition & Divestiture Integration, Program Management, Financial Control and Performance Structures, Risk Management, Corporate Governance, Information Management, Strategic Visioning

Douglas Owen's Current Company Details

Innovative leader enabling dramatic growth transforming fiscal control, enhancing governance and guiding restructuring
Douglas Owen Work Experience Details
  • Bank Of New York Mellon
    Senior Vice President, Finance
    Bank Of New York Mellon Jul 2007 - May 2009
    • Led development of an integrated global financial management roadmap to be deployed across the 34 countries served by the newly merged companies. This enabled transparent, consistent accounting operations and simultaneous support for local and corporate regulatory and internal information needs.
  • Mellon Financial Corporation
    Senior Vice President, Finance And Technology
    Mellon Financial Corporation Feb 1988 - Jun 2007
    Greater Pittsburgh Area With Offices In London And New York
    Senior Vice President, Chief Risk Officer, Finance and Corporate Strategy 2005 - 2007• Created a risk management framework including management dashboards for Finance’s global operations prioritizing risk and compliance imperatives. • Championed transformation of accounting practices and technology from US centric to global reducing operating risk and costs and enabled off-shoring of select functions. Senior Vice President, Sarbanes Oxley Program Director 2003 - 2005•… Show more Senior Vice President, Chief Risk Officer, Finance and Corporate Strategy 2005 - 2007• Created a risk management framework including management dashboards for Finance’s global operations prioritizing risk and compliance imperatives. • Championed transformation of accounting practices and technology from US centric to global reducing operating risk and costs and enabled off-shoring of select functions. Senior Vice President, Sarbanes Oxley Program Director 2003 - 2005• Spearheaded development of a global risk-based Sarbanes-Oxley Compliance Program. Led a cross functional team of 700 stakeholders documenting 300 accounting and reporting processes and 100 supporting systems. Senior Vice President, Corporate Information Groups 1998 - 2003• Spearheaded development of administrative shared service and technology organizations supporting Human Resources, Finance, Sourcing and Marketing and select business lines. First Vice President, Financial Information Group 1991 - 1998• Oversaw consolidation of U.S. administrative service centers producing annual savings of upwards of 50% of pre-consolidation cost. Vice President, Corporate Projects 1988 - 1991• Created a financial management and technology infrastructure to support efforts to turn Mellon around, reducing the period end reporting cycle from 11+ to 5 days and dramatically improving the completeness and transparency of information. Show less
  • Bank Of Montreal
    Senior Manager
    Bank Of Montreal 1970 - 1988
    At the time Canada’s third largest bank employing in excess of 28,000 people providing full retail and commercial banking services through more than 1,000 domestic branches and a variety of banking services through offices in nearly 20 other countries. Held various positions of increasing responsibility in Finance, Internal Audit, Special Projects and General Banking. Select accomplishments include; • Coordinated the largest acquisition of a US Bank by a non-US organization to that time… Show more At the time Canada’s third largest bank employing in excess of 28,000 people providing full retail and commercial banking services through more than 1,000 domestic branches and a variety of banking services through offices in nearly 20 other countries. Held various positions of increasing responsibility in Finance, Internal Audit, Special Projects and General Banking. Select accomplishments include; • Coordinated the largest acquisition of a US Bank by a non-US organization to that time (Harris Bank and Trust, Chicago) • Developed operations and customer service strategy for a 17,000 employee domestic banking organization. This improved customer focus at the customer interface point and reduced administrative cost• Re-engineered world-wide Management Accounting, Planning and Forecasting processes enabling multi-currency planning, reducing the planning cycle from months to weeks and improving the integrity of data• Championed development and implementation of a comprehensive accounting and financial reporting infrastructure. Over a 3+ year period 23 projects including introduction of the first computerized general ledger, contemporary information management techniques and technologies and upgrades to the on-line banking system were completed transforming the financial control structure of the company. • Established an Audit program for North American’s largest on-line banking operation at that time. Show less

Douglas Owen Skills

Restructuring Edge Governance

Douglas Owen Education Details

Frequently Asked Questions about Douglas Owen

What is Douglas Owen's role at the current company?

Douglas Owen's current role is Innovative leader enabling dramatic growth transforming fiscal control, enhancing governance and guiding restructuring.

What is Douglas Owen's email address?

Douglas Owen's email address is do****@****ast.net

What is Douglas Owen's direct phone number?

Douglas Owen's direct phone number is (800) 205*****

What schools did Douglas Owen attend?

Douglas Owen attended Institute Of Canadian Bankers, Mcgill University.

What skills is Douglas Owen known for?

Douglas Owen has skills like Restructuring, Edge, Governance.

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