Russian containership owner Fesco has appointed a chief restructuring officer to lead its efforts to survive.
Former Credit Suisse employee Steven Hellman has been tasked to assist with the company’s reorganization plan.
Fesco said Hellman will act on behalf of management with respect to all matters related to the group’s restructuring initiatives.
This will allow the core management team to focus on operating the business and improving financial performance, Fesco explained.
The
