Athenex appoints chief restructuring officer 'to serve and create value for its stakeholders'
Athenex Inc. has appointed a chief restructuring officer: Nick Campbell, founder and managing partner of Meru LLC, a professional services firm tha...
Athenex Inc. has appointed a chief restructuring officer: Nick Campbell, founder and managing partner of Meru LLC, a professional services firm that works with financially struggling companies. Typically, a chief restructuring officer is brought into a company that is in financial distress to try to get it back on track. It's usually a temporary position. According to a filing with the Securities Exchange Commission: "In this role, Mr. Campbell will support the company's ongoing review of strategic alternatives to best position the company to serve and create value for its stakeholders, building on recent actions to advance its focus on its NKT cell therapy platform and to monetize non-core assets.