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Turnaround / Chief Restructuring Officer

VDS Consulting Group · vdsconsultinggroup.com
DallasExecutiveContract
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The job in short

Chief restructuring officer.

Details

Found
28 d ago · posted 2026-09-04
Location
Dallas, TX

Full description

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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