Doug Malone

Chief Financial Officer

Professional Overview

Doug Malone is an accomplished finance executive with over 25 years of experience driving strategic financial management and business transformation. As the Chief Financial Officer at Gleason Corporation, he is responsible for overseeing all financial operations, including budgeting, forecasting, reporting, and compliance. Malone's expertise spans corporate finance, FP&A, accounting, and operational leadership, positioning him as a valuable strategic partner to the executive team.

Experience Summary

Current Role

Malone has served as the Chief Financial Officer at Gleason Corporation, a leading global provider of gear production technology, since 2018. In this role, he is responsible for directing the company's financial strategy, optimizing capital allocation, and ensuring financial reporting and controls are aligned with business objectives. Under his leadership, Gleason has achieved significant improvements in profitability, cash flow management, and operational efficiency.

Career Progression

Prior to joining Gleason, Malone held several senior finance roles, including Chief Financial Officer and Corporate Controller at Hardinge Inc., a publicly-traded manufacturer of machine tools and accessories. He also served as Senior Vice President of Financial Planning and Analysis at Five Star Bank, as well as Senior Vice President of Finance and Operations at Bath National Bank, both subsidiaries of Financial Institutions Inc. Malone's early career included roles as Director of External Reporting at Adelphia Communications and Senior Audit Manager at KPMG.

Academic Background

Malone holds a Bachelor of Science in Accounting from the State University of New York at Binghamton, where he graduated with honors. He is a Certified Public Accountant (CPA) and has completed executive leadership programs at prestigious institutions, further strengthening his strategic and operational expertise.

Areas of Expertise

• Corporate finance and capital management

• Financial planning and analysis

• Accounting and reporting

• Strategic business partnering

• Operational optimization

• Technology integration and process improvement

• Mergers, acquisitions, and integration

Professional Impact

During his tenure at Gleason Corporation, Malone has played a pivotal role in driving the company's financial transformation. He led the implementation of a robust financial planning and analysis framework, enabling the company to make data-driven decisions and improve operational performance. Malone has also spearheaded the integration of advanced technologies, such as cloud-based financial systems and analytics platforms, to enhance reporting and decision-making capabilities.

Conclusion

With his extensive experience in the manufacturing and financial services industries, Doug Malone is a seasoned finance executive with a proven track record of driving strategic initiatives and delivering measurable results. As the Chief Financial Officer at Gleason Corporation, he continues to enhance the company's financial position and operational effectiveness, positioning it for long-term success.