Contract | 6–12 months | Day rate + expenses | Travel M–F, CONUS
The mandate
A distressed manufacturing asset needs someone with authority to make hard decisions quickly. You are placed to manage liquidity, stabilize the business, and execute the restructuring — whether that means exiting product lines, renegotiating debt, closing sites, or preparing an asset for sale.
This is not a coaching role. You will make decisions that affect people's jobs, and you will make them on a compressed timeline with incomplete information.
What you'll own
- Immediate liquidity management and cash conservation
- 13-week cash flow as the primary operating instrument
- Lender, creditor, and stakeholder negotiation and communication
- Product line and customer profitability analysis, and the divestiture or exit decisions that follow
- Cost structure reduction, including headcount and footprint actions
- Debt restructuring, forbearance, and amendment negotiation
- Contingency planning, including 363 sale or Chapter 11 preparation where applicable
- Board, sponsor, and lender reporting under high scrutiny
What you bring
- 15+ years of senior operating or financial leadership, with direct turnaround or restructuring accountability
- Multiple completed distressed engagements — this role is not a first turnaround
- Deep liquidity management capability under genuine constraint
- Lender negotiation experience across forbearance, amendment, and refinancing
- Manufacturing operations literacy — you can evaluate whether a plant should stay open
- The judgment and steadiness to hold a room that is losing confidence
Strong plus: CTP, CIRA, or equivalent credential; Chapter 11 experience; carve-out or asset sale execution; industrial and manufacturing sector concentration.
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