For more than 20 years, Craig Boucher has brought value to underperforming companies in a variety of complex situations, including rapid growth scenarios, out-of-court restructurings and Chapter 11 proceedings. Mr. Boucher is an accomplished financial advisor and interim manager, with expertise in corporate restructuring and crisis management.

Mr. Boucher is particularly skilled in the retail and consumer products industries, but also has experience in:

Construction Customer service and maintenance Distribution Federal government contracting

High tech Professional Services Residential real estate Sales and marketing

In one of his more noteworthy accomplishments, Mr. Boucher served as CFO for a privately held cosmetic brand with wide distribution. The company was experiencing significant growth and required assistance with finance and operations management and growth capital. Among other responsibilities, he raised equity to fund the development and expansion of the brand, negotiated two asset-based revolving lines of credit and successfully led the company through its first audit. Other significant engagements include:

• Interim CFO of a $150 million apparel retailer, which he successfully led through its Chapter 11 proceedings, where among other duties, he managed and restructured the accounting and financial planning departments and was instrumental in developing and implementing a successful Plan of Reorganization
• Interim director of strategic sourcing for a $10 billion grocery chain in Chapter 11 proceedings, where he managed and restructured the Strategic Sourcing Department, led the implementation of a strategic sourcing process, and restructured IT leases; his efforts greatly reduced costs and improved productivity
• Interim CFO of two privately held retailers during their Chapter 11 proceedings, which resulted in a going-concern sale of one retailer and an asset sale of the other, generating a significant and unexpected return for unsecured creditors
• Financial advisor for a $350 million retailer and a $250 million commercial construction products distributor

Previously, Mr. Boucher worked for a national professional services firm that focuses on corporate restructuring, turnaround management, operational improvement and corporate finance. Mr. Boucher served as managing director of the Interim Management and Corporate Restructuring Division, Retail/Consumer Products Industry Practice.

Mr. Boucher holds a bachelor’s degree in accounting from New Hampshire College. Additionally, Mr. Boucher is a certified CPA in the state of Maryland.