Chief Restructuring Officer
Boards hire Force 10 as their CRO when the company’s officers have conflicting fiduciary obligations, a restructuring plan is off track, or to keep management focused on operations.
A CRO can be a better alternative to a court-appointed bankruptcy trustee who may not know enough about the industry and operating environment to find the best path forward.
In this role, we…
Rapidly take control of liquidity and solvency issues.
Coordinate and execute on all aspects of an out-of-court restructuring or bankruptcy.
Draw on decades of experience as board members and fiduciaries to make decisions.
Keep management’s efforts focused on operations, not the bankruptcy process.
Have the discipline and experience needed to successfully complete the process and achieve high-level goals.
Take responsibility for and follow through on every detail.
Industries
A proven ability to identify productive solutions in challenging situations and offer value-creating strategic advice to firms across a wide range of industries.