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What is a Reorganization? A reorganization involves the reordering of a firm's activities to more tightly focus on its core capabilities. All other activities are eliminated, spun off, or outsourced. The remaining operations may be reshuffled into a different organizational structure , with revised employee job descriptions. Accompanying these changes is a revamping of the firm's capital structure , which may include the restructuring of debt agreements or the conversion of debt into equity.
What do DUDE Wipes, Instagram influencers, and CPE podcasts have in common? They're all part of the new face of accounting and finance careers. Adam Zaki from CFO.com recently featured me and my podcast co-host David Leary in an article challenging the notion that finance careers are destined for boredom. The article showcases how finance pros are forging unique paths: Entrepreneurship : Jeffrey Klimkowski left investment banking to co-found DUDE Products, now approaching billion-dollar status.
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