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Rolling Up Trouble: The Hidden Risks of Merging Distressed Businesses
Rolling up distressed businesses doesn’t create a turnaround—it compounds the chaos. This article breaks down five high-profile Australian failures where scale became a liability, not a solution. From Fusion Retail to Slater & Gordon, we examine why roll-ups so often backfire—and what turnaround professionals should do instead. Spoiler: the answer starts with simplification, stabilisation, and independent leadership.
Damian McCarthy
Jul 236 min read
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Not One of Us: Why Investors Rely on Independent Directors to Lead Through Crisis
When businesses enter crisis mode, the best investors don’t appoint insiders—they appoint independent NEDs. This blog explores why experienced, neutral directors are vital in restructures, helping protect value, manage conflicts, and lead through pressure.
Damian McCarthy
May 262 min read
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Restructuring Realities: Why Boards Are Choosing Chief Restructuring Officers Over Industry Veterans
In a business crisis, choosing the right turnaround leader can define the outcome. This guide explains why boards, lenders, and private equity investors are increasingly appointing Chief Restructuring Officers (CROs) to navigate high-stakes restructures. Learn how CROs bring crisis management expertise, independent credibility, and stakeholder alignment—delivering faster decisions, greater strategic clarity, and real-world outcomes in distressed situations.
Damian McCarthy
May 263 min read
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Why I Started Boardroom Bench: Solving a Talent Gap Hiding in Plain Sight
There’s a growing mismatch between what businesses need and how senior finance professionals want to work. This blog explores how on-demand CFOs, CROs, and project-based finance experts can fill leadership gaps—bringing high-impact skills to restructures, transactions, and transformations without the burden of permanent roles. Discover why flexible financial leadership is the future.
Damian McCarthy
May 174 min read
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