Daily News: July 12, 2013

Martin Katz to Receive 2013 TMA Chairman’s Award


Martin I. Katz, founder, president and managing director of Executive Sounding Board Associates (ESBA), has been selected as the 2013 Turnaround Management Association Chairman’s Award recipient. The veteran of more than 35 years in the restructuring business will be honored during the Friday Night Cabaret event at The TMA Annual, October 4 at the Marriott Wardman Park in Washington, D.C.

“Marty has played a pivotal role in the history of the turnaround industry and the TMA organization,” said Ronald R. Sussman, TMA chairman and partner in Cooley LLP’s Corporate Restructuring group. “He was one of the pioneers in developing the position of a financial advisor in the assistance of financially and operationally distressed companies. His work and accomplishments have inspired me and countless other professionals in the restructuring community. Marty and his company will have a profound and lasting impact on the industry and our organization.”

For more than 35 years Katz has been responsible for leading hundreds of turnaround and restructuring engagements and in so doing positively changed the trajectories of many lives. His stewardship has enabled the firm to become a recognized brand name in the turnaround industry, as well as being:

  • Recognized for its excellence as the Healthcare Turnaround of the Year;
  • Continually recognized as one of the outstanding turnaround firms annually by multiple trade and media organizations;
  • Responsible for saving more than 50,000 jobs and adding billions of dollars of value that otherwise would have been lost through domestic and international economies.
  • To read the entire TMA news release, click here.