Steve is a turnaround specialist with 15 years’ experience helping directors and companies secure their businesses in times of financial and operational distress.
He leads business recoveries to safeguard stakeholders’ interests and preserve enterprise value.
Steve has led recoveries and turnarounds for medium and large businesses, locally and internationally. He helps directors instill creditor and shareholder confidence while managing legal, financial and other specialist advisors that may be required for specific tasks.
Focus on governance, financial controls and operational efficiencies are part of the process to stabilise and set a company on a trajectory for ongoing stability and growth.
A turnaround is more than financial restructuring, it’s about making sure a company has every chance to stay in business for the long haul. Stakeholder interests are maximised by a turnaround. Directors, creditors, shareholders, employees, customers and suppliers all have a stake in ensuring their interests are protected.
Steve will help directors manage their relationships with creditors and suppliers to gain their support during a restructuring and turnaround process.
He helps directors manage leadership, financial and operational crisis situations to create stability so that the company can continue to trade as a going concern.
A turnaround can produce a much better financial outcome than immediately entering into formal administration or liquidation. Under new Safe Harbour laws, directors can now have protection during a restructure and turnaround program.
Steve is a company director, Certified Turnaround Analyst (CTA), Graduate of the Australian Institute of Company Directors (GAICD), Fellow of the Governance Institute of Australia (FGIA) and holds an MBA.
In previous turnaround roles Steve held the positions of ANZ CEO & MD of a global company and served as a member of a Federal Government Advisory.
Steve is local to Melbourne.
My greatest rewards are experiencing the positive impact to people's lives when they overcome a business crisis and we help them on their way. These relationships always stand the test of time.