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Chief Restructuring Officers

Employment Prospects

Employers

Chief restructuring officers work as salaried or freelance employees of corporations and other businesses that are facing significant financial and operational challenges. They also are employed by venture capital and private equity firms that have struggling portfolio companies, accounting firms or consulting firms with a corporate restructuring and turnaround practice, and restructuring firms that provide services to creditors of distressed borrowers.

Starting Out

Since this is not an entry-level position, you’ll need to first work as a restructuring analyst or in a related position to obtain experience. Additionally, retired CEOs, chief financial officers, and corporate lawyers with turnaround experience are also hired for CRO positions.

You can learn more about job opportunities by using professional networking sites such as LinkedIn, attending career fairs, obtaining job leads through contacts made during internships, and contacting potential employers directly about potential positions.

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