Client Names withheld to protect confidentiality; references available on request

Leading Global Financial Institution

Led rapid turnaround cost reduction initiative in Consumer Banking division to drive $1.5 billion run rate cost reduction within four months.  

• Reduction of staff (5%) was concentrated in Overhead and
  in excess layers of middle management.
• Implementation and roll out 80% completed within 6 months
  of initial engagement.
• Cost reduction realized across 6 major lines of business
  and over 50 countries.

Major Commercial Mortgage Company
– Private Equity Holding

Contributed substantially to a quick turnaround program that yielded
a 22% run rate reduction within 15 months.

• Reduced Overhead and IT staff over 25%; implemented within
  90 days of commencing work.
• Eliminated duplicate and redundant senior and middle
  management positions.
• Reduced compensation through internal and external benchmarking
  as well as relocation from high cost locations.
• Restructured loss-making business units to breakeven or better.

Leading US Life Insurer

Drove a three year cost reduction initiative that yielded a 19% reduction ($190 MM). This work covered all aspects of the business systematically and was responsible for driving over 50% of the operating profit growth during this period.  At the same time, the stock price of the client escalated from $17 per share to $42 per share.