Douglas Shulman Biography and Net Worth

Doug Shulman is Chairman and CEO of OneMain Financial, where he leads the nation’s largest non-prime lender focused on improving the financial well-being of millions of hardworking Americans by providing responsible lending products.

Doug has significant experience managing large, complex organizations at the intersection of financial services, data and technology. He came to OneMain in 2018 from BNY Mellon, where he served as Senior Executive Vice President, Global Head of Client Service Delivery and was a member of the Executive Committee. Prior to BNY Mellon, Doug was a Senior Advisor at McKinsey & Company.

From 2008 to 2012, he served as the Commissioner of the Internal Revenue Service (IRS), where he directed a transformation of the agency’s technology, drove customer service metrics to historic levels and led important breakthroughs in addressing international tax evasion. Previously, Doug was Vice Chairman and, before that, President of Markets, Services and Information at FINRA and its predecessor company, NASD, when it owned the Nasdaq Stock Market and the American Stock Exchange.

Earlier in his career, Doug was an entrepreneur, a vice president at a private investment firm and part of the founding team that launched Teach for America, a national non-profit that places teachers in low-income communities.

He graduated from Georgetown University Law Center with a juris doctorate, magna cum laude. He also holds a Master of Public Administration from the John F. Kennedy School of Government at Harvard University and a Bachelor of Arts degree from Williams College.