What is a Fractional CRO (Chief Restructuring Officer)?
A Fractional Chief Restructuring Officer is an experienced turnaround executive who works with companies in financial distress, operational difficulty, or strategic transition, providing crisis management and business transformation leadership.
The Fractional CRO Role
Fractional CROs typically engage on an intensive basis (3-5 days per week) during crisis periods, transitioning to 1-2 days per week for ongoing oversight. These high-stakes engagements command premium rates of £1,200-£1,600/day.
Key CRO Responsibilities
Business Assessment: Viability review, cash flow analysis, and options appraisal
Stabilisation: Cash management, cost reduction, and immediate actions
Creditor Management: Bank, bondholder, and trade creditor negotiation
Turnaround Planning: Restructuring strategy and implementation
Stakeholder Management: Board, investor, and employee communications
Who Needs a Fractional CRO?
Companies facing financial distress or cashflow crises
PE-backed businesses requiring turnaround intervention
Organisations going through formal restructuring or insolvency processes
Companies needing to negotiate with creditors and lenders
