I recently sat down with Verso Corp Chairman Sean Erwin, and we discussed the challenges and business impacts of corporate restructuring. With a career spanning more than four decades in the pulp and paper industry, Sean addresses catalysts that guide the restructuring process. In terms of a restructuring team to guide efforts, Sean shares the benefits of including a variety of players–like a purchasing director–who can help shape a holistic outlook. Sean advises those undergoing a restructuring to think broadly, create communication touchpoints and stay focused on key goals.
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