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Ms Kessel, who heads Mexico's Mint and previously managed the investment unit of the finance secretariat, faces a tough challenge, as the state oil company, Petróleos Mexicanos (Pemex), is inefficient and badly in need of restructuring.
Corporations are missing an enormous untapped opportunity: A 2004 McKinsey survey of 30-plus companies reveals that more than 70% of them have major alliances that are under-performing and in need of restructuring.
Jacob occasionally takes a flier on a company in need of restructuring.
It has 4.5 million employed in steel manufacture, coal mining and farming, all in need of restructuring.
It was always nice to skim through the posts on your cake day, and even count them and compare the number to previous years to see if your social life is up and to the right, or in need of restructuring.
Yet a messy compromise at a company that is so lacking in direction and so badly in need of restructuring would be the worst possible outcome.
Similar(51)
One which continues to be in dire need of restructuring.
"Our company is certainly not in crisis, nor is it in need of major restructuring," Mr. Kaeser said in a statement.
Even if the allegations against the firms involved are proved accurate, it doesn't mean the entire mortgage industry is systemically flawed and in need of wholesale restructuring.
Several board members had grumbled that the humiliation of Mr Löscher was undignified but in the end their vote was unanimous.Mr Kaeser insisted that the company is "certainly not in crisis, nor is it in need of major restructuring".
"We all knew the club would be in need of major restructuring and repair on all fronts.
More suggestions(17)
in need of transformation
in need of realignment
in need of redesign
in ignorance of restructuring
in need of fulfilment
in need of refinement
in need of stimulation
in need of aid
in need of renovation
in need of freshening
in need of protection
in need of help
in charge of restructuring
in need of rescue
in favour of restructuring
in need of evolution
in need of upgrading
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com