Ian Mathieson


Ian has seven times taken control of distressed businesses and successfully executed corporate restructurings, requiring skills in analysis, reconstruction planning, coordinating rebuilding of businesses, negotiating with owners, boards, suppliers, banks, secured creditors and the ATO.

These have spanned a variety of business sectors:

  • A meat wholesale business.
  • A small supermarket group.
  • An internet service provider.
  • A label printer.
  • A state-wide electrical transmission field maintenance business.
  • A flatsheet printer.
  • An electrical contractor.
By the time I stepped down as Xerox’s CEO in 2009 - and as chairman in January 2010 - Xerox had become the vibrant, profitable and revitalized company that it still is today. What made the difference was a strong turnaround plan, dedicated people and a firm commitment from company leaders.
Anne M. Mulcahy

In executing successful turnarounds Ian has identified and formed a working partnership with a person with industry-specific expertise, to supplement internal expertise. Ian focused on the non-operational facets of the business which typically include:

  • Formulating a short-term recovery plan.
  • Formulating longer term strategic and business plans.
  • Contracting an industry expert for operational management.
  • Negotiating with the ATO for a payment plan for outstanding tax obligations and penalties.
  • Negotiating with banks for continued support; renegotiating covenants.
  • Following-through and correcting compliance, licencing and reporting deficiencies.
  • Ensuring governance minimums are set and met.
  • Negotiating with suppliers for continued supply.
  • Realizing unneeded assets.
  • Restructuring.
  • Improving accounting and reporting processes; working with the business’ accountants to regularize financial statements.
  • Identifying and replacing dead wood in staff, especially managers.

Ian has worked closely with Senior Business Lending Officers of the major four Australian banks in managing turnarounds.

T: +61 411600712  E: ian.mathieson@mathiesonmgt.com.au   W: www.whatdowomenreallywant.com.au