As we prepare to host the TMA Network of Women (NOW) Summit in Chicago on May 16, I thought it was appropriate to reflect on the TMA NOW initiative. Established in 2013, TMA NOW fosters female leadership by creating the premier business development and networking group for women in the turnaround...
In February, TMA Global Chair David Cohen and I attended the fourth annual TMA Eastern European Conference hosted by Erste Bank in Vienna, Austria. Bringing together nearly 150 turnaround professionals, lawyers, capital providers, and others, this meeting represented a who’s who of the profession...
In November 2016 the TMA Executive Board reaffirmed that one of its core values is to “attract, represent, and develop industry experts through certification and professional development.” Acting on that core value, in December 2016 we launched revamped Certified Turnaround Professional (CTP) and...
It is a time of year filled with both reflection on accomplishments achieved and anticipation of new opportunities that lie ahead. As your 2017 TMA Global president, I am honored with the confidence that TMA has expressed in me and am mindful of both the challenges and opportunities that lie ahead...
Since the Great Recession, the turnaround, restructuring, and insolvency profession/industry has experienced significant disruption and change. As its membership has adopted new business tactics and strategies, so has TMA. As an organization, we needed to identify what we would be in future and not...
As we celebrate TMA’s 28th anniversary at The Annual in Orlando, we should proudly reflect on the global brand that TMA has become. TMA serves approximately 8,300 members in 55 chapters around the globe, including 23 outside of North America. TMA’s premier certification program includes nearly 800...
When we think about the impact of technology on our client interactions, we have been here before. With only a couple of minor tweaks to reflect advances in technology, a United Airlines television ad that debuted in 1989 could just as easily be run today. In the spot, a boss named Ben walks into a...
TMA chapter leaders from across Europe came together in Rome June 9 for the TMA European Chapter Presidents meeting. This annual gathering allows for a dialogue on issues and concerns facing turnaround, restructuring, and insolvency professionals in TMA’s largest market outside North America. While...
My first exposure to restructuring was as a boy growing up in a small town on the East Coast of Canada. My family had a number of businesses, but the cornerstone was a retail furniture chain located on an island in the Atlantic. The island was a 12-week delivery in a just-in-time inventory system...
This month’s JCR is devoted to topics surrounding the construction industry, which offers me the perfect opportunity to speak of TMA’s role and my interest in building a better industry for all of us who are in the business of saving distressed enterprises. My primary objective in joining TMA...
