Douglas Macdonald is an accomplished finance executive with extensive experience in driving strategic change, transformation, and business turnaround across international markets. With a strong track record at Hertz (NASDAQ: HTZ) and Starbucks EMEA (NASDAQ: SBUX), he has successfully led complex financial restructuring, cost reduction initiatives, and operational efficiencies in highly challenging environments.

At Starbucks EMEA, he held senior finance leadership roles, notably as VP Strategic Business Transformation & VP Finance, where he:
– Spearheaded a major business transformation, including the sale and transition of key markets to franchise partners, leading to a significant operating margin shift.
– Led financial and operational restructuring, consolidating teams, improving efficiency, and delivering sustainable profitability after years of losses.
– Played a key role in M&A strategy, stakeholder negotiations, and brand defence on high-profile tax matters.

At Hertz, as SVP Finance International, he led on:
– Developing a turnaround strategy for the $2B international division, optimizing costs, and restructuring finance operations.
– Leading debt restructuring efforts, engaging with major financial institutions and creditors.
– Driving post-pandemic profitability, achieving record-breaking financial performance in Europe and APAC.