He specializes in developing financial, operational, and strategic solutions for troubled companies, lenders, and equity sponsors in distressed and non-distressed situations.
Mr. Corio has more than nine years of financial restructuring and management consulting experience across a broad spectrum of industries, including retail, chemicals, coal and consumable fuels, renewable energy, casinos and gaming, telecommunication services, transportation and shipping, and homebuilding. His primary areas of focus include developing strategic business and turnaround plans, implementing cash flow forecasting and cash preservation programs, evaluating operational performance and improvement opportunities and assessing debt capacity and recapitalization alternatives. Mr. Corio has advised on numerous Chapter 11 proceedings and out-of-court restructurings.
Most recently, Mr. Corio has been advising M&G Chemicals, one of the world’s largest producers of PET resin for packaging applications. While at M&G, Mr. Corio has been responsible for near-term cash management, long term financial forecasting, and strategic planning with various constituents during the Chapter 11 sale process.
Mr. Corio previously advised Performance Sports Group, a leading retailer, developer, and manufacturer of sports equipment in Portsmouth, NH, through a successful Chapter 11 sale process. He was instrumental in preparing the company for bankruptcy, negotiating post-petition financing, and improving working capital and liquidity management disciplines through the development of a 13-week cash forecast.
Mr. Corio’s other notable clients have included Longview Power/Mepco, GT Advanced Technologies, Revel Hotel & Casino, Eagle Bulk Shipping, SP Newsprint, Lee Enterprises, USA Discounters, Oriental Trading Company, Finlay Enterprises, Technical Olympic USA (“TOUSA”), and Ashton Woods.
Mr. Corio earned a bachelor's degree in finance and leadership from Boston College. He is a Certified Insolvency and Restructuring Advisor (CIRA) and a member of the Turnaround Management Association (TMA).