In the race to recruit millennials to our companies, we often overlook older baby boomers who are readily available for employment and provide some important skills and character traits that millennials do not have. There is a large pool of unemployed or underemployed baby boomers that were displaced by the last recession. As the economy […]
About Chris Picone
Chris Picone is a legal, financial and operating professional with significant experience in all phases of financial restructurings, operations, turnaround situations, bankruptcy, litigation support matters, real estate development, construction, and asset management. His legal and business career encompasses over 30 years of representing companies and other business ventures in all aspects of corporate operations, as well as serving in various senior executive management positions in the real estate and general contracting industries.
Mr. Picone started his career with a Chicago law firm where he focused his legal practice in the areas of Real Estate, Federal Income Tax and Corporate Transactions. Following a decade of private law practice, Mr. Picone moved to the corporate sector serving as President, Chief Operating Officer and General Counsel for several large Chicago based real estate and general contracting firms. He was also a principal with a Chicago based real estate development firm that acted as the successful “stalking horse” bidder for a 210 unit residential real estate development project in Southwestern, Michigan. He has served as COO/General Counsel of one of the nation’s largest privately held real estate brokerage firms and as President of a Chicago based general contracting firm specializing in retail and office construction, as well.
A frequent author and lecturer on various business topics, Mr. Picone most recently was a contributing author to the Merrill DataSite and The M&A Advisor’s new publication, “Best Practices of The Best Dealmakers.”
Mr. Picone earned his Juris Doctor (with Distinction) from the John Marshall Law School, Chicago, Illinois. He also holds an LLM (Taxation) from DePaul University of Chicago and earned his Bachelor in Business Administration from Loyola University of Chicago. Mr. Picone is a member of the Turnaround Management Association (“TMA”) and the American Bankruptcy Institute (“ABI”).
Entries by Chris Picone
Many times we receive calls from business owners/CEO’s that their companies are in serious financial distress and they are unable to pay their bills when they are due and/or unable to make the next payroll. When this occurs, we often wonder why they waited so long to get help. Serious financial problems rarely occur overnight […]
Many times we are asked to serve on “Advisory Boards” for companies that do not have any outside directors on their existing Board of Directors. In many instances, particularly in small to medium sized companies (also in companies that are family owned or closely held) the Board is made up of owners and/or senior management […]
We often work with companies seeking to improve their operations. As we dig into details, we often find employees with consistently poor or mediocre performance ratings and/or negative attitudes. Sometimes these are longer term employees who at one time were contributing at a high level, but for a number of reasons drifted into mediocre or […]
Request A Consultation
Contact A Specialist
Picone Advisory Group, LLC
17W601 14th Street, Suite 2
Oakbrook Terrace, IL 60181