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Case Studies

Finance: Corporate Restructuring

  Engagement   Challenges   Approach   Results

$5 Billion Telemarketing Mortgage Originator & Lender

  • Company's top management style and organization structure caused significant tension with its corporate parent
  • Parent wanted to replace company's five top executives without disrupting operations
  • BBK personnel replaced the top five executives for nine months
  • New, open communication and reporting processes were developed and implemented
  • Policies and procedures were documented
  • No interruption or loss of production occurred during the transition
  • Profitability and volume of mortgages were increased
  • Retention of employees was stabilized
  • An orderly transition to the new management team was achieved