Company doctor


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Company doctor

An executive, usually appointed from outside, brought in to turn a company around and make it profitable.

Company Doctor

An executive who is well-regarded for managing a distressed business back to financial health. A company may hire a company doctor from outside as a CEO or as some other officer if it is in danger of bankruptcy.
References in periodicals archive ?
Mills & Reeve HR advisor in Birmingham, Vicky Lloyd said: ``The concept of a company doctor might be seen as an old fashioned idea, but now more than ever businesses are realising how closely health is linked to performance.
DALLAS, May 19 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC) today announced a 187% increase in net revenues for the 1997 fiscal third quarter ended March 31, 1997.
He said: 'It is great, I look upon myself as a company doctor, someone who can help clients to assess problems and resolve them but more importantly predict and prevent before a remedy is necessary.
18 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC), announced operating results for the Company's 1997 second fiscal quarter ended December 31, 1996.
6 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC), today announced that the Board of Directors has authorized the institution of a stock repurchase plan under which the Company may repurchase, in open market transactions, up to 150,000 shares of common stock as permitted by applicable rules and regulations adopted under the federal securities laws.
8 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC), a physician practice management company, today announced the acquisition of the occupational and family medicine practice of Robert G.
Debts mounted, Mr Lees was forced out, and new chief executive and company doctor Mr Tony Brierley was brought in to try to cut costs.
30 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC), a physician practice management company specializing in occupational medicine, reports record year end revenues of $4,193,906, an increase of 39.
Mr Owens joined the Oldbury-based heating, ventilation and air conditioning group, then known as Bensons, in 1995 - shortly before company doctor Mr David Rhead took over as executive chairman and began a radical disposal programme.
11 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC), an expanding physician practice management company, today announced the acquisition of the occupational and family medicine practice of J.
Company doctor Mr David Rhead, who joined the company in December 1995, was unavailable for comment yesterday.
21 /PRNewswire/ -- The Company Doctor (Nasdaq: CDOC), a growing physician practice management company today announced the acquisition of the occupational and family medicine practice of C.