July
18
Smart Telecom
Role: Chief Restructuring Officer, Board Member
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Activities: Inserted as Chief Restructuring Offivcer in fiber based CLEC that had badly missed plan. Replaced CEO and developed operating plan to reduce cash burn and position the company for sale. Navigated the company through a financial restructuring that included reorganization through Examinership. Successfully completed transaction in December 2009, preserving Eur26M of value for investors.