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Chief Restructuring Officer Jobs in California (NOW HIRING)

Serve as a trusted advisor to the CEO and executive leadership team on talent, organizational ... Manage workforce planning, restructuring activities, change management initiatives, and ...

VP, Human Resources

San Diego, CA Β· On-site

$250K - $275K/yr

Serve as a trusted advisor to the CEO and executive leadership team on talent, organizational ... Manage workforce planning, restructuring activities, change management initiatives, and ...

Serve as a trusted advisor to the CEO and executive leadership team on talent, organizational ... Manage workforce planning, restructuring activities, change management initiatives, and ...

Showing results 21-40

Chief Restructuring Officer information

See California salary details

$57.2K

$149.3K

$302.5K

How much do chief restructuring officer jobs pay per year?

As of Sep 12, 2026, the average yearly pay for chief restructuring officer in California is $149,320.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,200.00 and $180,100.00 per year, depending on experience, location, and employer.

What is a chief restructuring officer?

A Chief Restructuring Officer (CRO) is a senior executive responsible for leading a company through financial or operational restructuring. They are often brought in during times of crisis to stabilize the business, improve financial performance, and implement turnaround strategies. The CRO works closely with stakeholders, lenders, and management to develop and execute restructuring plans. Their role may include cost-cutting, renegotiating debt, and optimizing business processes to ensure long-term viability. Typically, a CRO has extensive experience in corporate finance, restructuring, and distressed situations.

What are the typical challenges a chief restructuring officer might face in their first 90 days on the job?

In the first 90 days, a Chief Restructuring Officer often confronts challenges such as rapidly assessing the organization’s financial health, prioritizing urgent restructuring actions, and gaining the trust of both internal teams and external stakeholders. Establishing clear communication channels and aligning the leadership team around a unified revitalization strategy are also key hurdles. You’ll likely be tasked with identifying immediate cost-saving opportunities, stabilizing cash flow, and creating a transparent action plan. Success in this period is often measured by your ability to set a clear turnaround direction and quickly build consensus. Demonstrating decisiveness and adaptability will help set the tone for the rest of the restructuring process.

What are the key skills and qualifications needed to thrive in the chief restructuring officer position, and why are they important?

To thrive as a Chief Restructuring Officer, you need deep expertise in financial analysis, turnaround management, and strategic planning, typically backed by an advanced degree in business or finance and executive-level experience. Familiarity with restructuring tools such as financial modeling software, insolvency frameworks, and certifications like CTP (Certified Turnaround Professional) are often advantageous. Exceptional leadership, negotiation, and communication skills are crucial for managing diverse stakeholders and navigating high-pressure situations. These competencies are vital for guiding organizations through complex changes, ensuring stability, and achieving successful outcomes.

What are popular job titles related to Chief Restructuring Officer jobs in California?

For Chief Restructuring Officer jobs in California, the most frequently searched job titles are:

What job categories do people searching Chief Restructuring Officer jobs in California look for?

The top searched job categories for Chief Restructuring Officer jobs in California are:

What cities in California are hiring for Chief Restructuring Officer jobs?

Cities in California with the most Chief Restructuring Officer job openings:

Infographic showing various Chief Restructuring Officer job openings in California as of September 2026, with employment types broken down into 1% Internship, 87% Full Time, 11% Part Time, and 1% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $149,320 per year, or $71.8 per hour.

Director, Turnaround & Restructuring Services

Los Angeles, CA β€’ On-site

Full-time

Re-posted 11 days ago


Job description

At Portage Point Partners (Portage Point), you are not a cog in a legacy machine, you are shaping strategy, influencing outcomes and being rewarded for driving impact. Backed by New Mountain Capital, Portage Point is recognized for accelerated growth and is consistently featured in rankings from Inc.5000, The Financial Times and Consulting Magazine. This recognition is a testament to our focus on excellence, intensity and pace and ability to attract blue chip talent committed to delivering best-in-class outcomes. Our cross-functional platform spans the full business lifecycle and offers middle market clients integrated solutions across Transaction Advisory Services (TAS), Valuations (VAL), Transaction Execution Services (TES), Office of the CFO (OCFO), Performance Improvement (PI), Interim Management (IM), Investment Banking (IB) and Turnaround & Restructuring Services (TRS).
Β 
The TRS team tackles urgent, complex challenges with speed and impact. As former operators, investors and lenders, the TRS team combines blue chip experience with intense focus to consistently deliver tailored solutions across operational turnarounds and financial restructurings.
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The Director, TRS at Portage Point represents a unique opportunity to assume a wide range of responsibilities and make a significant impact. This Director, TRS is a client delivery leadership position for highly capable professionals to make substantial contributions to overall firm growth. The Director, TRS will report directly to the Practice Line Leader, TRS and will focus on developing new and existing client relationships as well as ensuring all aspects of strategic, operational and financial engagements are delivered with the highest quality standards and impact. You will support key initiatives, manage discrete workstreams and work closely with senior leaders. If you thrive in a high-performance culture and want to help build the future of a rapidly growing consultancy, this is the right role for you.Β 
Responsibilities
  • Work directly with senior personnel at Portage Point and our clients to develop comprehensive solutions to complex operational and financial challengesΒ across the business lifecycle including formulating and implementing value creation, business transformation and performance improvement plans, contingency planning and bankruptcy preparation / execution
  • LeadΒ liquidity management (cash flow forecasting, treasuryΒ operationsΒ and stakeholder communications), case administration (filing preparation, bankruptcy reporting, claims support and plan support) and supporting formulation ofΒ business /Β restructuring plans
  • Identify and re-allocating resources to operational, growth, financial and strategic initiatives with highest risk adjusted return
  • Develop detailed financial projections and business plans
  • Lead preparation of executive reporting packages including key performance indicators (KPIs), financial performance, budget, board of director presentations and stakeholder presentations
  • Structure and incorporate streamlined financial and operational processes to improve efficiencies
  • Identify and re-allocate resources to operational, growth, financial and strategic initiatives with highest risk adjusted return
  • Present KPIs, financial performance, budget, board of director presentations, stakeholder presentations
  • Lead various operational, financial and management meetings as well as key constituent communications / negotiations
  • Contribute to the origination and selling of projects including experience pitching to or partnering with senior executives, private equity firms, lenders, lawyers and other related buyers
  • Advise clients and makes decisions that demonstrate expertise, synthesizing the core drivers of both the clients' business, situational analyses and the underlying complexity of the situation to maximize value
  • Provide coaching and mentorship to junior team members
  • Lead or support internal trainings and best practice sharing
  • Support business development and client relationship efforts
  • Support talent acquisition and firm-building initiatives
  • Contribute to a high-performing, inclusive and values-driven culture
Qualifications
  • Bachelor's degree from a top undergraduate program
  • Located in or willing to relocate to Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Nashville, New York, Palm Beach or Philadelphia
  • Invested in a team-based culture, motivated to collaborate in office four days per week and willing to work at client sites as neededΒ 
  • 10 plus years of experience with seven or more years of investment banking, consulting, restructuring / distressed or private equity at a top-tier firm in addition to two or more years spent operating, investing, advising operational improvements and / or servicing stakeholders or a compelling non-traditional background
  • Full mastery of financial modeling including ability to review three statement models, 13-week cash flows, dynamic KPI packages and complex ad hoc analysisΒ 
  • Ability to successfully work in a small, collaborative team environment
  • Personal network and relationships that yield new opportunities and engagements across transformation, restructuring and interim management
  • Proven ability to cross-sell complementary service offeringsΒ and expand network
  • Superior written and verbal communication skills, including executive-ready presentation and reporting skills
  • Proven ability to thrive in lean, fast-moving teams
  • High attention to detail, responsiveness and ownership mindset
  • Track record of success in high-pressure, client-facing environments
$650,000 - $900,000 a year
In accordance with pay transparency laws in the City of New York and the State of California, Portage Point provides a good-faith cash compensation range for this position. This range represents the cash compensation (base plus bonus) that the firm reasonably expects to pay upon hire, based on good-faith and reasonable estimate at the time of posting. The final compensation within this range will depend on the candidate's qualifications, education, training, experience and location. In addition to cash compensation, Portage Point may offer comprehensive benefits and equity participation, which are not reflected in the pay range above.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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