On Tax

Michael Stanton of Peloton

Oct 24, 2023
Michael Stanton, Corporate Treasurer and Global Head of Tax & Treasury at Peloton, shares insights from his journey in finance and tax law. He discusses how the financial crisis shaped his career path and the importance of collaboration between legal and tax teams. Stanton emphasizes the role of mentorship in his transitions and how failures can drive innovation. He also highlights the integration of tax and treasury for enhancing corporate value and opens up about his hobbies, including biking and supporting his kids' sports.
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ANECDOTE

Tax Discovery in Law School

  • Michael Stanton discovered tax law in law school through Professor Linda Galler.
  • He was drawn to tax because of its problem-solving nature and complexity.
ANECDOTE

Big Four Beginnings at Deloitte

  • Michael Stanton joined Deloitte after law school due to his unique finance and tax background.
  • He gained valuable experience dealing with diverse clients and complex hedge fund tax issues.
INSIGHT

Tax as a Business Partner

  • Tax departments that act as business partners drive more value than siloed compliance teams.
  • Effective tax teams collaborate across functions to support broad organizational goals.
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