Rich Bressler
President, COO, and CFO
2013 – Present
13 years (current)
Key Decisions & Impact
Serving as the critical financial architect, Rich Bressler guided the corporation through its complex, publicized Chapter 11 bankruptcy restructuring. He made the difficult, essential decisions required to eliminate over ten billion dollars of suffocating legacy debt, meticulously negotiating with combative creditors to stabilize the corporate balance sheet. Following the successful restructuring, he implemented rigorous financial controls across all operational divisions.
Legacy
Bressler's exceptional financial acumen and pragmatic operational discipline essentially rescued the company from complete institutional collapse. His steady guidance provided the vital financial flexibility required for the organization to invest in its critical digital transformation. His strategic focus on scalable financial architecture ensures the conglomerate will thrive well into the next century of enterprise innovation. His pragmatic, disciplined restructuring of the bloated corporate hierarchy essentially saved the historic brand from total reputational collapse.