Interim Managing Director â Restructuring & Stabilization (Industrial Machinery)
Interim Managing Director â Restructuring & Stabilization (Industrial Machinery)
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Title: Interim Managing Director Restructuring & Stabilization (Industrial Equipment / Engineering)
Location: Greater Chicago Area
Engagement: Interim Leadership Role (Contract) Variable Weekly Involvement (Typically 13 days/week; may scale up to fulltime during critical phases)
Start Date: Immediate
About the Company
Our client is the US subsidiary of a globally active European industrial company with a longstanding history. The organization serves specialized manufacturing sectors and is entering a critical phase of strategic transformation.
Your Mission
We are seeking a pragmatic and resultsoriented Interim Managing Director to lead the US organization through a period of transformation and stabilization. This is a highimpact handson leadership role that requires both strategic oversight and operational execution. The ideal candidate brings a track record of successful restructuring engagements within midsized industrial or manufacturing firms preferably in environments with $1050M in revenue and/or 50100 employees.
Key Responsibilities
- Evaluate strategic options: Contribute to a new business plan explore longterm site viability and position the subsidiary for renewed market relevance.
- Restructure sales & finance functions: Establish transparency optimize structures and support longterm profitability
- Lead operational turnaround: Identify inefficiencies execute necessary cost reductions (esp. personnel and overhead) and streamline internal processes.
- Communicate with banks & key stakeholders: Manage reporting and cash flow oversight; foster trust with external partners and the German HQ.
- Act as bridge to future leadership: Stabilize the organization and facilitate a smooth leadership transition within 68 months.
What Were Looking For
- Proven experience leading restructuring efforts in midsized industrial/manufacturing firms (ideally $1050M in annual revenue).
- Ability to communicate effectively with internal and external stakeholders including family ownership and corporate leadership in Germany.
- Strong understanding of US employment practices organizational downsizing and performance management.
- Familiarity with technical sales and longcycle B2B commercial environments.
- Balanced leadership style assertive and resultsdriven yet collaborative and empathetic.
- Previous interim management experience is required.
Why This Opportunity
This is a rare opportunity to make a significant impact in a legacy company with great potential. You will work closely with a leadership team committed to restoring the subsidiarys strength and longterm market viability. If you bring the right mix of industrial knowledge restructuring experience and leadership maturity this is your chance to drive real change.
Please note that only individuals with relevant experience in restructuring and interim leadership within industrial environments will be contacted.
Required Experience:
Director
Employment Type
Contract
