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Brian Corio

Managing Director - A&M Restructuring & Turnaround

Professional Background

Brian Corio is a highly skilled Managing Director specializing in Restructuring & Turnaround services at Alvarez & Marsal, where he expertly develops financial, operational, and strategic solutions for companies facing challenges in both distressed and non-distressed environments. With over 12 years of experience in financial restructuring and management consulting, Brian has built a reputable career across diverse industries including energy, power, retail, chemicals, gaming, telecommunications, transportation, and homebuilding. His adeptness in navigating complex financial landscapes has allowed him to effectively assist troubled companies, lenders, and equity sponsors, ensuring the development of robust strategies for sustainability and growth.

Mr. Corio's impressive track record is characterized by his commitment to excellence and his ability to deliver results even in the most challenging circumstances. He possesses an extensive portfolio of notable engagements, which highlights his proficiency in liquidity management, bankruptcy preparation, and financial forecasting. His strategic approach encompasses a thorough understanding of the dynamics in various sectors, enabling him to devise comprehensive plans that meet the unique needs of each client.

Education and Achievements

Brian Corio graduated from Boston College, where he earned a Bachelor of Science (BS) degree in Business Administration and Management. His academic background laid the foundation for his successful career in financial restructuring and management consulting. In recognition of his expertise, Mr. Corio has attained several prestigious certifications, including Certified Insolvency and Restructuring Advisor (CIRA) and Certification in Distressed Business Valuation (CDBV). These certifications are a testament to his deep understanding of insolvency issues and valuation techniques, both of which have proven invaluable in his professional endeavors.

Notable Engagements

During his tenure at Alvarez & Marsal, Brian has been involved in various high-profile restructuring projects. One notable engagement was his advisory role for Approach Resources, an independent exploration and production company, as they navigated their Chapter 11 proceedings. His involvement was critical in addressing liquidity management concerns, orchestrating bankruptcy preparation and reporting, and contributing significantly to the restructuring negotiations and the sale process due diligence. This engagement highlighted his exceptional ability to guide companies through intricate financial challenges.

Similarly, Mr. Corio played a pivotal role in advising M&G Chemicals, a global leader in PET resin production, in successfully executing their Chapter 11 sale process. His responsibilities included overseeing near-term cash management and leading long-term financial forecasting and strategic planning efforts, showcasing his capability to drive organizations toward successful outcomes.

Brian also provided invaluable consultancy services to Performance Sports Group (PSG), a notable retailer and manufacturer of sports equipment. His hands-on approach led to the preparation of the company for bankruptcy, the negotiation of post-petition financing, and the enhancement of working capital management through the development of a comprehensive 13-week cash forecast. His contributions at PSG were recognized by the Turnaround Management Association, awarding the project the “Transaction of the Year – Large Company” accolade, underscoring the effective strategies and results delivered under his leadership.

Throughout his career, Mr. Corio has aided numerous other esteemed clients, including Medical Depot, Longview Power/Mepco, GT Advanced Technologies, Eagle Bulk Shipping, Revel Hotel & Casino, SP Newsprint, Lee Enterprises, USA Discounters, Finlay Enterprises, Technical Olympic USA (TOUSA), and Ashton Woods, demonstrating his versatile expertise in managing a wide array of restructuring scenarios across different sectors.

Achievements

Brian Corio's career is punctuated by significant achievements that reflect his dedication and impact on the financial and operational landscapes of his clients. His certifications, academic background, and diverse industry exposure solidify his reputation as a sought-after expert in financial restructuring. The recognition bestowed upon his work at PSG is a testament to his ability to achieve successful transformations for organizations facing substantial challenges. Moreover, his extensive engagement with an array of key players in various industries further emphasizes his valuable contributions to fostering stability and promoting growth during turbulent times.

In summary, Brian Corio stands out as a leading professional in the restructuring domain, leveraging his robust educational foundation, diverse industry knowledge, and comprehensive experience to deliver exceptional results for clients in distress. His commitment to developing strategic solutions that prioritize long-term sustainability and operational efficiency positions him as a leader in the financial consulting landscape.

Related Questions

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Location

New York, New York, United States