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Stephen Douglass

Partner for urgent change | Turnaround, Restructuring, & Reorganization

Stephen Douglass is a Managing Director at Algon Group, specializing in resolving complex financial and operating situations for troubled or disadvantaged companies and stakeholders.12 He joined Algon Group in December 2022, bringing extensive experience in business turnaround, restructuring, and performance improvement.1

Prior to joining Algon, Douglass was the CEO and Operating Partner at Scramble Systems, where he led rapid transformation and intervention programs for middle-market and enterprise clients.1 His notable engagements include:

  • Operating Partner & Board Consultant for USA Gymnastics during its Chapter 11 bankruptcy and operational restructuring
  • Interim VP of Operations & Finance for a distressed defense technology spin-out
  • Chief Restructuring Officer & Board Advisor for an $18MM PE-backed trucking company through Chapter 11 bankruptcy
  • Executive Partner leading interventions at Fortune 100 global financial services firms

Douglass has a diverse background, having worked with companies across various industries, including CPG manufacturing, metal fabrication, defense technology, transportation, and national governing associations.12 His expertise lies in navigating business distress, underperformance, complex situations, opportunistic growth, and liquidity crunch/insolvency issues.1

At Algon Group, Douglass continues to provide advisory and interim management services, partnering with attorneys, board members, investors, portfolio managers, executive teams, and stakeholders.12

Related Questions

What are some of the most challenging projects Stephen Douglass has worked on?
How did Stephen Douglass's experience at USA Gymnastics impact his career?
What specific strategies does Stephen Douglass use for business turnaround?
How does Stephen Douglass's background in finance and operations influence his approach to restructuring?
What industries has Stephen Douglass worked in, and which ones has he found most rewarding?
Stephen Douglass
Stephen Douglass, photo 1
Stephen Douglass, photo 2
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Location

Atlanta, Georgia, United States