Doug Drew serves as the Vice President of Treasury and Working Capital at StandardAero, where he leverages his extensive 30 years of experience in both public and private equity environments to drive financial excellence and operational efficiency. In this pivotal role, Doug is responsible for...
Doug Drew serves as the Vice President of Treasury and Working Capital at StandardAero, where he leverages his extensive 30 years of experience in both public and private equity environments to drive financial excellence and operational efficiency. In this pivotal role, Doug is responsible for overseeing Global Corporate and Operating Unit Treasury Operations, ensuring that the company’s financial strategies align with its overarching business objectives. His expertise in treasury management systems and financial reporting enables him to implement robust frameworks that enhance cash flow and optimize working capital.
A key focus of Doug’s current initiatives is the improvement of financial operating activities, particularly in the management of accounts receivable (A/R), accounts payable (A/P), and inventory analytics. By applying his skills in business process re-engineering and change management, he has successfully spearheaded several improvement initiatives that have significantly reduced operational inefficiencies and enhanced liquidity. Doug’s strategic foresight in forecasting and budgeting has been instrumental in navigating the complexities of acquisition integration, ensuring that StandardAero maximizes its investment potential.
Doug’s ability to forge strong partnerships across departments and with stakeholders has been a cornerstone of his success. His leadership style fosters collaboration and innovation, empowering teams to achieve exceptional business results. As a seasoned executive adept in both boardroom discussions and private equity environments, Doug Drew continues to make a profound impact on StandardAero’s financial health and operational performance, positioning the company for sustainable growth in the competitive aerospace industry.