Daily News: February 20, 2014

Aurora Adds Turnaround Veteran to Toronto Staff

Aurora Management Partners announced it added Tommy Onich as a director to its Toronto staff. He joins Lynn Huras, a ten-year Aurora veteran to support existing engagements and help Aurora grow its business in the Toronto and Canadian markets as well as major markets throughout the Great Lakes region. Onich brings more than 26 years of extensive banking and turnaround management experience to Aurora and its clients.

Over the past 19 years Onich, CTP, operated his own Toronto-based turnaround management consulting firm where he was engaged by a diverse group of clients in the manufacturing, food, retail franchising and healthcare sectors, among others. He has served in a variety of CRO, CFO and CEO positions where he’s handled corporate renewal, crisis management and financial restructuring for clients. Onich is a results-focused professional with a strong strategic vision and exceptional team building skills. In addition, he is a well-respected industry author having papers and articles published in leading industry journals.

Ron Turcotte, managing partner for Aurora and a Canada native, said, “We’ve known Tommy and his work for some time, and we’re glad that the timing was finally right for him to join us to help expand Aurora’s presence in Toronto, Canada and key Great Lakes markets. Tommy is a seasoned turnaround professional with a solid track record, and we know he will have an immediate positive impact with Aurora’s clients while also having the ability to grow our referral network and client base.”

Onich is a Certified Turnaround Professional and holds a TN class Visa for work in the U.S. He is also a current member of the Turnaround Management Association and the International Association of Restructuring and Bankruptcy Professionals