Getzler Henrich & Associates, a middle-market corporate restructurings and operations improvement firm, named Kevin A. Krakora automotive practice leader.
A long-time managing director with Getzler Henrich, Krakora has more than 30 years of experience in corporate turnarounds, strategic consulting, financial and operational restructurings and debtor bankruptcy situations. He has experience advising both companies and senior lenders in complex debt restructurings, financings and workouts. Krakora specializes in advising and working with under-performing companies to develop and implement business transformation strategies, operational/financial improvements and turnaround plans. He works with financially distressed companies to address liquidity issues, improve working capital, develop cost containment programs, implement process improvements and improve profitability.
Krakora Krakora advises boards of directors and executive management teams regarding strategic alternatives and performance improvement plans. He has served as a chief restructuring officer and independent director and has led numerous Section 363 sales processes in Chapter 11 cases as well as business and assets sales in out-of-court situations.
Krakora is a certified turnaround professional. He served as president and chair of the Turnaround Management Association. He is a frequent speaker on restructurings and distressed M&A.
“Kevin has led numerous of Getzler Henrich’s successful automotive industry engagements,” William H. Henrich, co-chairman of Getzler Henrich & Associates, said. “He is notably recognized by other professionals for his industry knowledge and ability to identify solutions and forge consensus in very challenging situations. His appointment as our automotive practice leader is recognition of this outstanding work and the importance of this business segment to our firm.”
“This is a growing industry segment for Getzler Henrich. With supply chain issues, the transition to electric vehicles, production challenges and rising input costs, the automotive industry is experiencing a rapid series of changes,” Joel I. Getzler, co-chairman of Getzler Henrich & Associates, said. “Automotive manufacturers need to adapt and pivot with the evolving industry, and Getzler Henrich’s team of industry experts is here to help. With Kevin’s leadership we have the team in place to meet the challenges of the evolving automotive industry.”