Private Equity

Projects and HR Contractor Assignments

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Fox & Hound
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Client: Cerberus Capital Management/Last Call Operating Company

Private Equity Contract HR Assignment

Last Call Operating Company emerged from it's initial bankruptcy in March 2014. Newly appointed CEO and CAO started to process of turning around the business. CAO, Stephanie Medley began to search for senior level Human Resources talent to join the executive team, lead with the business turnaround and re-build the Human Resources function.

Progressive HR Strategies was hired to take on the challenge initially as a Contract HR Assignment. Perry Sholes was the HR Contractor assigned and immediately began to tackle the many challenges:

  • Affordable Healthcare Law was to be implemented starting January 1, 2015.
  • Complete analysis of where to locate the corporate office to rebuild the leadership team and maximize the impact on the company resale efforts.
  • Operations Management Bonus program needed to be revamped as it continued to payout as the business moved into bankruptcy.
  • Rebuild the Executive Team and the corporate support teams once the new office location was determined.
  • Maintain and re-build the company culture!
  • Lastly, lead an understaffed and under resourced human resources team.
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Alverez & Marsal

Client: Alvarez & Marsal/Real Mex Restaurants Company

Private Equity Contract HR Assignment

Short-Term Assignment to run Human Resources function pre-sale.

Progressive HR Strategies was hired to take on the challenge initially as a Contract HR Assignment. Perry Sholes was the HR Contractor assigned and immediately began to tackle the many challenges:

  • Assisted with Deal diligence and discovery works.
  • Triaged Risk Management case load, lead Risk Team, coordinate case settlements.
  • Planned and organized outplacement process for corporate office teams.
  • Guide Benefits team through final stages of 401K Audit and 5500 Filing.
  • Advisor to Field HR for Employee Relations issues.
  • Post-Sale Resources for HR transition tasks.

 

NRD Capital
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Client: NRD Capital/Ruby Tuesday's Restaurants

Private Equity Contract HR Assignment

Short-Term Assignment various Projects.

Progressive HR Strategies was hired to take on projects for the CFO and CSO as a Contract Assignment. Perry Sholes was the HR Contractor assigned and immediately began to tackle the many challenges:

  • Project Fleet Delete: Transition company from Automotive Fleet to Car Allowance.
    • Coordinated the return and sale of company vehicles for Corporate and Multi-unit Leader level.
    • Liaison between Fleet Company and CFO team.
  • Project Executive Benefits: Investigated and resolved issues with Executive Team's Long-term Disability insurance program.
  • Project Corporate Downsizing: Assist the senior HR team with planning and execution of HQ staff reductions.