Interim Managing Director - Restructuring & Stabilization (Industrial Machinery) Job at German American Chambers of Commerce, Chicago, IL

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  • German American Chambers of Commerce
  • Chicago, IL

Job Description

Title: Interim Managing Director – Restructuring & Stabilization (Industrial Equipment / Engineering)

Location: Greater Chicago Area 

Engagement: Interim Leadership Role (Contract) | Variable Weekly Involvement (Typically 1–3 days/week; may scale up to full-time during critical phases)

Start Date: Immediate

About the Company  

Our client is the US subsidiary of a globally active European industrial company with a long-standing history. The organization serves specialized manufacturing sectors and is entering a critical phase of strategic transformation.

Your Mission  

We are seeking a pragmatic and results-oriented Interim Managing Director to lead the US organization through a period of transformation and stabilization. This is a high-impact, hands-on leadership role that requires both strategic oversight and operational execution. The ideal candidate brings a track record of successful restructuring engagements within mid-sized industrial or manufacturing firms, preferably in environments with $10–50M in revenue and/or 50–100 employees.

Key Responsibilities

  • Evaluate strategic options: Contribute to a new business plan, explore long-term site viability, and position the subsidiary for renewed market relevance.
  • Restructure sales & finance functions: Establish transparency, optimize structures, and support long-term profitability
  • Lead operational turnaround: Identify inefficiencies, execute necessary cost reductions (esp. personnel and overhead), and streamline internal processes.
  • Communicate with banks & key stakeholders: Manage reporting and cash flow oversight; foster trust with external partners and the German HQ.
  • Act as bridge to future leadership: Stabilize the organization and facilitate a smooth leadership transition within ~6–8 months.

What We're Looking For

  • Proven experience leading restructuring efforts in mid-sized industrial/manufacturing firms (ideally $10–50M in annual revenue).
  • Ability to communicate effectively with internal and external stakeholders, including family ownership and corporate leadership in Germany.
  • Strong understanding of US employment practices, organizational downsizing, and performance management.
  • Familiarity with technical sales and long-cycle B2B commercial environments.
  • Balanced leadership style – assertive and results-driven, yet collaborative and empathetic.
  • Previous interim management experience is required.

Why This Opportunity?

This is a rare opportunity to make a significant impact in a legacy company with great potential. You will work closely with a leadership team committed to restoring the subsidiary's strength and long-term market viability. If you bring the right mix of industrial knowledge, restructuring experience, and leadership maturity – this is your chance to drive real change.

Please note that only individuals with relevant experience in restructuring and interim leadership within industrial environments will be contacted.

Job Tags

Full time, Contract work, Immediate start, 3 days per week, 1 day per week,

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