Maximizing Value For All Stakeholders
When people hear the title of Chief Restructuring Officer, or "CRO", they immediately think a company is insolvent. While this may be the case, there are other scenarios that warrant a CRO role at a company. At a minimum, a CRO can provide more detailed oversight and management of a company that needs additional guidance. More thoroughly, a CRO reports to the Board of Directors and is given primary fiduciary control to run the day-to-day operations of the business. In this capacity, our responsibility is not only to run the business, but also to maximize profitability and find ways to structure the business in a manner that benefits all stakeholders.
Silverman Consulting professionals have acted as CRO for numerous clients and assisted them in regaining credibility with lenders, equity holders and other stakeholders. We work collectively with senior management to understand the crises at hand and identify possible solutions. With those facts in mind, we can efficiently evaluate the best options available and advise the Board of Directors on the best course of action.