Caslano, Ticino, Switzerland
Federico Severi has 25+ years experience in helping underperforming and distressed companies going through complex financial and operational reorganizations
Acquire businesses in special situations or complex corporate divestures. Provide hands-on, executive leadership and extensive experience in accelerating value creation, stabilizing crisis, boosting operating performance and driving turnaround and transformation
Prepare and execute the Bally Group's relaunch program. From refocusing the strategy, rationalizing product portfolio and distribution to cost reduction initiatives, debt restructuring and cash management
Helped large companies achieve superior and sustainable step change improvement across their entire business, from immediate value initiatives to a large scale transformation program typically in urgent and high-impact situations
Taken on the role of Chief Restructuring Officer (CRO) for stressed and distressed companies on an interim basis
Acted as General Manager (GM) with direction of Operations (4 Plants), Procurement, Tech dpt, Finance, IT and HR of an international industrial fan group. Main achievements: • EBITDA from negative to positive aligned with key competitors (quick cost out initiatives, footprint optimization with one plant shut-down, procurement savings) • Customer delivery delays fixed (S&OP process introduction, leadtime improvement with elimination of bottlenecks in Procurement, Tech dpt and Production) • Balance Sheet and cash optimization: surplus assets disposal, Banks lines increase and suppliers overdue normalization, short term cash forecasting and control process introduction, zero equity injection