‹ back to DirectorsSoegiono Hadiwijaya

Soegiono “Sugi” Hadiwijaya has nearly 10 years of combined experience in financial services and turnaround management, including several years at a financial advisory firm, where he served as a manager of the reorganization services group. He has provided financial advisory and operational restructuring services both out-of-court and during Chapter 11 proceedings, assisting companies with tasks such as cash management, securing of financing, business plan assessment, M&A activities and financial modeling. He has worked in a variety of industries, including:

Mr. Hadiwijaya is particularly skilled at helping companies maximize their value through profitability analyses, cash-flow projections, budgeting and strategic planning. A few note-worthy engagements include:

• Assisted an $8 billion poultry processor during its Chapter 11 restructuring process, where he developed a 13-week cash-flow forecast and monitored the cash management system as part of the DIP loan, created the five year business plan and financial projection, worked with management on financial analyses regarding operational strategies, advised management and assisted in the negotiations of the restructuring plan and exit financing
• Assisted a $1 billion interstate bus-passenger company in an operational turnaround, where he developed pro-forma models to support the route and passenger-flow restructuring plans, worked with various departments on cost-reduction strategies and established financial metrics to track restructuring results
• Provided financial advisory services to an upscale regional furniture retailer, where he created a 13-week cash-flow forecast, assisted in DIP financing negotiations and advised the company on alternative plans
• Formulated a cash-collections model and assessment on cash-acceleration initiatives during the pre-packaged bankruptcy filing of a $1 billion health-club chain with more than 300 locations nationwide
• Provided financial advisory services during the Chapter 11 proceedings of a regional coal mine company, where he created a 13-week cash-flow forecast and monitored liquidity
• Performed a four-wall store-profitability analysis for a $600 million Northeast-based arts-and-crafts retailer, where he analyzed store profitability trends and presented recommendations to management on the store footprint and closing plan

Mr. Hadiwijaya holds a bachelor's degree in finance from The University of Texas. He holds certifications as a Chartered Financial Analyst, a Certified Insolvency Restructuring Advisor and in Certified Distressed Business Valuation. In addition, he often participates in local Asian community leadership forums.