Rich Caruso

Rich serves as an operating partner at the Calibre Group. He also serves in a similar role at North Park Capital and as an independent consultant providing financing and restructuring services and has a history of serving in various interim management (CEO, CFO, and COO) assignments. Rich began his career in 1983 as a CPA at the Pittsburgh office of PWC prior to becoming the CFO of Ormet Corporation and Ravenswood Corporation. After approximately 15 years with Ormet, Rich became a Managing Director at Huron Consulting Group, working on numerous corporate restructurings including Winner Steel (interim COO and advisor to equity) and Neenah Foundry (Chief Restructuring Advisor and Interim CEO). Rich left Huron to become the CFO of RG Steel prior to becoming an independent consultant. In Rich’s 30+ years, he has been involved in originating and closing over $2 billion of financing transactions ranging from approximately $10 million to over $500 million. In 2007, Rich received the Turnaround & Workouts magazine Successful Restructurings recognition for his work on the successful restructuring and sale (without a bankruptcy filing) of Winner Steel.

Rich has served on numerous corporate (including Neenah Foundry, Motorcoach Industries, Ameribank) and non-profit boards (including the National Aviary, Baptist Homes) and is currently the President of the Board of Directors of the Foundation for the Indiana University of Pennsylvania.