Sugi Hadiwijaya

Sugi previously served as a Senior Vice President for the turnaround group at Deloitte (Deloitte CRG) where he led engagement teams and managed daily client interactions and negotiations with stakeholders. He authored Cash is King, Deloitte CRG's training program on cash flow forecast and liquidity management. He has published numerous articles, been interviewed and spoken on panels on liquidity management and turnaround matters. Sugi also co-authored the cash flow forecasting section of the TMA Book of Knowledge. In addition, Sugi led university relations outreach for Turnaround Management Association (TMA), where he cultivated relationships and developed educational workshops with local universities. Sugi is fluent in Indonesian and conversational in Chinese.

Representative Experience

• Adjunct Chief Restructuring Officer (day-to-day partner in charge) for Buca di Beppo. Managed corporate functions, cash/liquidity and day-to-day operations during Chapter 11 proceeding, including creating full sets of corporate overhead functionalities when Buca was spun off from the former parent organization.
• Financial advisor to specialty whiskey distillery based in Southeast. Conducted operational and financial assessment, including liquidity/cash flow forecasting, and provided strategic alternatives.
• Financial advisor to multi-brand spirits company, a subsidiary of a multi-national corporation. Provided recommendations on liquidity/cash flow forecasting, strategic restructuring alternatives, and managed lenders’ relationship during forbearance negotiations.
• Interim Chief Financial Officer of Garden Fresh Restaurants LLC, a 98-location CA-based restaurant chain.
• Financial advisor for One Table Restaurant Brands, a dual-brand, high-end casual dining concepts in West Coast. Conducted operational assessment after COVID-19, including site visit assessment, four-wall unit economics analysis, portfolio benchmarking. Second phase included bankruptcy advisory services for Chapter 11 proceeding in Delaware.