Restructuring situations can be a frenetic and difficult time for organizations. In addition to running the day-to-day operations, leaders must also plan, negotiate, and effectively execute against a restructuring plan that requires building trust and consensus with a disparate group of stakeholders. When facing these challenges, a Chief Restructuring Officer (CRO) can insulate the company’s officers from the reorganization process, allowing them to focus on the day-to-day operations while restoring stakeholder confidence that all major strategic and operational challenges have been addressed.
Our independent restructuring advisors work collaboratively with our clients to restructure their organizations and create a sustainable path forward. Ankura assists existing management teams when a company is struggling with the additional demands of a restructuring, including bringing experienced resources to an otherwise frenetic and difficult reorganization process.
