Episode 366:  Kyle Sturgeon on turnarounds, bankruptcy, and restructuring

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March 1, 2021

 

Kyle Sturgeon, an alum of Alvarez & Marsal and McKinsey, is a Managing Partner and Co-Founder of MERU. 

He has led complex transformations and restructurings for companies across industries, with a focus in retail and consumer, healthcare, and materials. 

Today we discuss what’s involved with guiding a company through bankruptcy or restructuring. To find out more about Kyle’s company visit: wearemeru.com. Key points include:

  • 00:58: The birth of Meru
  • 04:32: Shutting down a $200,000 company
  • 10:22: How to sell off inventory
  • 17:06: How Kyle’s business model works
  • 21:34: A restructuring project
  • 22:47: The Tough Mudder case study
  • 31:52: Orientation towards cash
  • 41:30: The growth of Meru