Turnaround Management Association (TMA) is honored to announce the TMA Chair’s Award. Every year, the TMA Global Chair is given the privilege of recognizing one or more TMA members who raise the public profile of the corporate restructuring industry through their volunteer service and dedication to TMA.

This year’s recipient of the TMA Chair’s Award is James B. Shein. He is a TMA luminary, a past president of the TMA Chicago/Midwest chapter, and a member for almost 28 years. Currently, he is on TMA's Academic Advisory Council, and he has served on the TMA Board of Directors and the Cornerstone Endowment Fund Council.

Jim is a professor at the Kellogg School of Management at Northwestern University. He is also the academic director of the Kellogg executive program Successful Corporate Renewal and teaches Managing Turnarounds and Global Corporate Governance.

Professor Shein was previously counsel at McDermott, Will & Emery with practice in corporate governance, restructurings, acquisitions and fiduciary duties of officers and directors. He was also the President and Chief Executive Officer of R.C. Manufacturing as well as President and Chief Executive Officer of Northbrook Corporation. He has decades of experience as a CEO running, advising, purchasing and reviving underperforming companies in a wide variety of industries. He also serves on the boards of directors of several public and private companies, chairing audit and governance committees.

A frequent lecturer and author on corporate renewal and corporate governance, Professor Shein is the author of the book: Reversing the Slide: A Strategic Guide to Turnarounds and Corporate Renewal. Professor Shein has a BS in Engineering as well as an MBA, PhD, and JD, and has testified as an expert witness on governance in state and federal courts.

2019 TMA Global Chair Kevin A. Krakora, CTP, will present the Chair's Award to Professor Shein at The 2019 Annual Conference Opening Program in Cleveland, OH, Wednesday, September 25.