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Levi Strauss & Co

Gibson to Emerge from Bankruptcy & Stop Singing the Blues

October 31, 2018 by Ted 1 Comment

With Old Debt Gone, A New Leader & Team Arrives

Logo for Gibson BrandsGibson Brands is on the verge of emerging from bankruptcy a much healthier business in many respects – with less debt, more money in the bank, and a new leader to help the company shed its consumer electronics debacle and reconnect with the musical instrument market. The fifth time, it appears, was a charm as the court has approved the fifth revision of a company submitted turnaround plan that, cuts debt, jettisons former CEO Henry Juszkiewicz, and puts bondholders KKR in the driver’s seat.

See more on Gibson’s dramatic turnaround… [Read more…] about Gibson to Emerge from Bankruptcy & Stop Singing the Blues

Filed Under: Financial, Management, Manufacturers, News, People, Strategy Tagged With: Gibson Brands, Gibson Guitar, Henry Juszkiewicz, James Curleigh, Levi Strauss & Co

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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