Interim Management or Chief Restructuring Officer (CRO)
Windsor Associates can provide Interim Management or Chief Restructuring Officer Services
The loss of a critical employee can leave a leadership or work flow vacuum. Windsor has provided interim CFO and controller services to companies until a permanent manager can be hired. We have also assisted business owners in finding, evaluating and filling supervisory or executive team members’ positions.
Similarly, there are situations where lenders or other creditors, while open to a company restructuring effort, may require an independent person to be charged with orchestrating the turnaround effort. The distinction from an interim management assignment is the entire turnaround plan is created and implemented by this Chief Restructuring Officer, independent of the business ownership group.
Food Company Manufacturer Case Study
Reporting directly to the board of directors of a $40MM food company facilitated the re-engineering of company's balance sheet, operational planning and sales & marketing programs. Lead to successful sale of the business by the private equity firm sponsoring the fund investment. Read how we provided value to this client.