Turnaround

Multinational GM with 24 years of experience in the US and international markets. Successfully turned business around under tough market conditions, from double digit negative to double digit positive with +30% increase in profitability. Consolidated sites, including closing facilities while minimizing business impact. Drove growth in a startup business that had stalled for more than 2 years, with revenue increase of over 25 fold (from millions to 100s of millions). Created an economy segment business in just over 2 years for a multinational division that had failed to do so during the previous 5 years. Exceptional capability in creating a high performance team. Has successfully managed startup divisions and mature businesses. Has experience in managing different cultures, functions and regions. Top business school graduate. Code TUR490

CEO, COO, C-level – Executive with U.S. and international private equity experience turning around companies in need of growth or companies that have suffered financial, strategic or market distress. As a retail chain CEO this candidate reversed the negative LFL (“like for like”) sales from -10%, to + 1% in the first year and +8% in year two. This was achieved in a very competitive environment and during a deep recession gaining a$7 MM increase in total revenue (from $33 MM to $40 MM). Led a successful private equity “exit” which resulted in a sale to a strategic investor. As a CFO/COO, numerous cost reduction programs were implemented, resulting in a 20% drop in fixed costs. Served as CEO of a telecom company (owned by a group of private investors) and led the team that was awarded first MVNO (Mobile Virtual Network Operator) license a European country. Currently is COO of a private equity-backed $100 MM construction company with managerial focus on operational efficiency and restructuring (including operational, strategic and corporate-wide improvements). Also leading the effort for an eventual “exit.” Code TUR489

CEO/COO – Senior Executive with extensive experience in salvaging failing financial companies and in creating new businesses/product offerings for 2 major international financial institutions through global product re-engineering, complete financial restructuring, full risk and asset/liability management, new operational/systems controls, and team rebuilding.  Twelve years experience in Europe, fourteen years in Asia, twelve years in Latin America.  English, French, Italian, Spanish.  BA – Finance, Ivy MBA – International Finance. Code TUR411

Serial mid-cap CEO and Operating Executive – for private equity backed companies with revenues $150M-1.2B in mature industrial manufacturing/distribution. Thirty years of global experience in corporate and operational restructurings, carve-outs and integration of bolt-on acquisitions across 20 different industries including seven years with hands-on mid-market PE Fund both as Operating Partner and CEO: recruited 5 CEOs for non-performing portfolios, served on operating boards, and lead operational interventions; recovered more than 60% of equity in managed wind down of outdoor power equipment supplier; revitalized an industrial distribution company improving EBITDA by $3M and laying the groundwork for growth and eventual asset sale at 6 times equity; and lead complex German carve-out of specialty chemicals business and transition of manufacturing assets to China while simultaneously integrating a $220M bolt-on acquisition growing the business from $975M to $1.2B. U.S.Citizen,Ph.D., fluent in German. Code TUR407

Experienced Turnaround CEO/COO –  Leader of two business turnarounds and two revenue restarts across primarily PE-backed consumer, digital and B2B businesses with revenues in the range of $50 to $550 million. Orchestrated a 3-year turnaround of a large media business, reaching break-even after nearly a decade of losses and crossing $50 million in EBITDA just three years later.  Managed a consumer-focused business to profitability in 18 months following seven years of start-up operating losses.  Reinvigorated the sales and marketing performance and organization of a consumer/digital media company and achieved 5% YOY top line growth after several years of decline and completely refocused the business strategy and product line of a B2B business to reignite top line growth and position the company for sale to a strategic investor for $85 million. Graduate of Stanford, earned an MBA from a top Ivy-league school and began career at McKinsey. Code TUR402

Turnaround specialist with operating companies in the digital media and consumer products industries. Skilled at quickly evaluating complex business challenges and developing practical strategies and turnaround initiatives. Experience in sales, business development, strategy, financial restructuring and operations. Executed turnaround of consumer and military products manufacturer, reducing leverage by 30%, improving operational efficiencies and profitability 20%, implemented growth strategies delivering $10 million in new revenue and closed two strategic acquisitions to enable growth. Implemented successful turnaround of digital media company, growing revenue 300% in 4 years, reducing operating costs by over 50% and achieving profitability after a $7 million loss in year 1. Grew registered user base over 200% to over 350,000. Restructured debt, acquired a key competitor and sold company providing a successful exit for investors. Several years strategic consulting experience focused on Internet and digital media. Wharton MBA. Open to full-time, part-time or interim opportunities. Code TUR397

Senior Executive and Director – Turnaround experience with operating companies in traditional/online insurance, innovative online financial services marketing and lending, and digital media industries. Proven leadership experience and success in all areas required to turn around and rapidly build a company: transactions and financings, business development and marketing, operations, corporate strategy, regulatory and legal, information security and privacy. Co-founded and grew a nation-wide personal lines P&C insurance carrier to $1 billion in premiums, 500,000 customers, 1,800 employees and 11 offices. Economic downturn early in company’s development required major restructuring and cost realignment. CEO of early-stage interactive, live-broadcast digital media company (live, interactive YouTube). Stabilized company, including development team located in Central Europe, and led through 30% monthly growth and venture debt and private equity financings. First career was as an Air Force Instructor Pilot serving across the US, Europe, Africa and Asia. MBA, law and engineering degrees from top schools. Also hold private equity investments and advisory board seats in multiple companies. Code TUR372

Senior Executive/Interim CEO/COO with over 18 years of diverse management experience in the life sciences, technology and telecommunications industries. Adept at quickly and accurately evaluating complex business situations, developing and implementing growth strategies and/or turnaround plans and building high-performance teams focused on achieving bottom-line results. Currently working with Private Equity/Hedge Funds on turnaround/distressed situations which have thus far resulted in over 50% reduction in cash burn; elimination of ineffective management teams and disposing of non-core assets. Previous experience advising startups to Fortune 500 executives on performance improvement initiatives resulted in over $800M in cost savings and $500M in margin improvements. Significant international work experience in Canada, Denmark, Israel and India. Fluent in Danish and Hebrew, working knowledge of Swedish and Norwegian. B.Sc. in Industrial Engineering from Denmark’s leading technical university and a Wharton MBA. Code TUR358

Executive – Currently VP Operations for a $150M high-technology equipment and consumables company. Just completed the final phase of a highly successful turn-around (profitability restored inside of 6 months after 12 consecutive quarters of negative/deteriorating earnings and cash flow). Co-architect of the company’s strategic plan. P&L, Strategic, and Tactical/execution responsibility for all aspects of Supply Chain, Manufacturing, Customer Service, Technical/field Support, and Product Development. Has large and small company turn-around experience as both a line manager and a consultant (McKinsey), proven project implementation skills (Lean Six-Sigma), significant international experience, and expertise in negotiating and structuring complex partnerships/alliances. BS, MBA. Code TUR345

CEO/COO/CFO of private equity-backed turnarounds/roll-ups in primarily mature manufacturing or transportation based industries. This senior executive has served at partner/managing director levels in professional and financing sectors, specializing in MA&/corporate finance and developing/implementing major strategic change programs. Global experience primarily in Europe but also the US, Australasia & Middle East. Recently completed turnaround as CFO in MBI team in $2bn public-to-private PE-backed restructuring plan. MA (Physics) Oxford, Diploma in Accounting & Finance, US Bank credit/ graduate training program several years with McKinsey in Europe/ Australasia. Code TUR333

Certified Turnaround Professional – Hands-on executive, experienced in growing companies and revitalizing sub-standard performing entities.  CEO’s executive responsibilities ranged from $24MM to $600MM in annual sales volume spanning a wide variety of industries and markets.  M.S. in Engineering, MBA, BA in Accounting/Finance, Fluent in German. Code TUR242