Chief Product Officer
State Street
Donna Milrod is Chief Product Officer, responsible for leading the strategy, value propositions and growth of our Asset Servicing businesses. Donna also is a member of State Street’s Executive Committee, the company’s senior-most strategy and policy-making team.
Previously, Donna led the company’s Global Asset Managers segment business as well as the Global Clients Division.
Donna has over 25 years of experience in banking and financial services including leadership positions at Deutsche Bank, where she served as deputy chief executive officer for its North America business. At Deutsche Bank Americas, she was a member of the Regional Executive and Client Committees with responsibility for its North America clients and revenue. Before joining State Street, she was a senior advisor to both Broadridge and McKinsey & Company, where she provided advice for navigating risk, optimizing operating efficiencies and increasing revenue growth. Prior to that, Donna was with the Depository Trust and Clearing Corporation (DTCC) where she served on the Management Committee and was the head of DTCC Solutions, delivering innovative post-trade processing solutions to clients. She also led global strategy and business development. Previously, she was the chief administrative officer leading operations and finance.
Donna received a Bachelor of Arts degree from Smith College and a Master of Business Administration degree from Columbia Business School. Previously, Donna served as an independent public board member of Valmont Industries (NYSE:VMI) and Cabela’s Inc. (NYSE:CAB). Currently, she sits on the board of Partnership Fund for New York City and is also a member of the New York Women’s Forum, the Committee of 200, National Association of Corporate Directors, Council on Foreign Relations, and the Economic Club of New York.
Donna has appeared on American Banker’s “Most Powerful Women in Finance” list for three consecutive years (from 2021 through 2023). In recognition of her leadership driving positive change around diversity, equity and inclusion in the workplace, Donna has earned a place on each of INvolve’s three Executive Role Model, Advocates and Allies lists: Empower (2024 and 2023), Outstanding (2023) and HERoes (2022). Donna also has been honored by Crain’s New York Business as one of 2021’s Notable Women on Wall Street, and in 2019 was named one of the Most Influential Corporate Board Directors by WomenInc. Magazine.