Turnaround
Turnaround CEO. Italy. Start in one week.
Cash stabilised. Plan rebuilt. Operation fixed. Reporting line you can trust during the worst quarter of the company's life.
For
Boards, PE funds and lenders facing a distressed Italian asset: covenant breach, cash crisis, customer concentration shock, post-acquisition collapse, or a CEO who lost the room.
1 wk
Time to start
13w
Cash forecast
EN/IT
Board language
6-12m
Typical mandate
The situation we step into
Cash runway shrinking
Working capital out of control. Suppliers stretched. The next payroll is a question, not a fact.
Plan no longer credible
The budget is fiction. Forecasts move every week. The board has stopped trusting the numbers.
Top team frozen
Decisions are not being made. Initiatives stall. The CEO is firefighting or has already gone.
Customers and suppliers nervous
Top accounts are asking questions. Key suppliers want assurances. The story to the outside has to change today.
What changes in the first 90 days
Cash under control
Rolling 13-week cash forecast. Daily cash report. Disbursement authority centralised. Surprises eliminated.
Operating plan re-baselined
A plan the board, the lenders and the team all believe. Tracked weekly, owned by named people.
Top accounts re-anchored
Personal calls into the top customers and top suppliers. Trust rebuilt where it can be, replaced where it cannot.
Decisions flowing again
Weekly operating review. Clear authority. Things that have been stuck for months get unstuck inside thirty days.
How the engagement runs
- Week 0
Scoping call with board and lenders.
Situation, authority, reporting line, success metrics. Written scope inside 48 hours.
- Week 1
Take the seat.
Cash control installed. Top customer and supplier calls. Internal communication. First decisions made.
- Week 4
Plan re-baselined.
Twelve-week plan agreed with the board. Lenders briefed. Quick wins shipped.
- Month 3
Operating rhythm normalised.
Weekly cadence. Replacement hires where needed. Second layer accountable for delivery.
- Exit
Handover.
Permanent CEO briefed or fractional cadence agreed. Board pack and operating rhythm transferred.
Questions buyers ask
What is a turnaround CEO?
An interim CEO brought in to stop the bleed, stabilise cash and rebuild the operating plan. Full executive authority, defined mandate, clean exit.
How fast can a turnaround CEO start in Italy?
One week from signed scope. Faster in true crisis. The first board pack lands within two weeks of the start date.
What does the first 30 days look like?
Cash 13-week forecast, top customer and top supplier calls, payroll and compliance check, leadership team review, communications inside and out.
Does the turnaround CEO replace the management team?
Only where the seat is not held. The goal is the business, not a headcount story. Replacements are made deliberately, not by reflex.
Need this seat filled. Fast.