Turnaround / Chief Restructuring Office

VDS Consulting Group•Dallas, TX

3d•Onsite

About The Position

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.

Requirements

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

Nice To Haves

CTP, CIRA, or equivalent credential
Chapter 11 experience
Carve-out or asset sale execution
Industrial and manufacturing sector concentration

Responsibilities

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