Daily News: September 30, 2013

TMA to Recognize 31 Founding Members at 25th Annual Conference

The Turnaround Management Association (TMA) will celebrate its 25th anniversary by honoring its 31 founding members at the Opening Reception of The TMA Annual on October 3. The conference takes place October 3-5 at the Marriott Wardman Park in Washington, D.C.

“We’re excited to celebrate our 25th anniversary by recognizing the pioneers that started the organization,” says Ronald R. Sussman, TMA chairman and partner in Cooley LLP’s Corporate Restructuring group. “We are forever grateful for the time and financial resources they dedicated to beginning what has become the largest global association of turnaround, restructuring, and distressed investing professionals.”

The following are the 31 founding members of TMA:
Thomas J. Allison, CTP
Jay Alix, CTP
C. Charles Bahr
Jacques H. Belet, CTP
Donald B. Bibeault, CTP
Gary Brooks, CTP
Gerald P. Buccino, CTP
John (Jack) Wm. Butler, Jr.
Melanie Rovner Cohen
John M. Collard, CTP
Marvin A. Davis, CTP
Peter Dusenberre
Timothy F. Finley
Kenneth E. Glass, CTP
Frank Grisanti
David Hansing
William J. Hass, CTP
Thomas D. Hays III, CTP
William K. Marrinan
F. Richard Matthews
Kevin McConnaghy
Gilbert C. Osnos, CTP
Victor Palmieri
Peter Pellitier
Sanford (Sandy) C. Sigoloff
Jack R. Stone
James Sullivan
Rollie Tillman
Peter Tourtellot, CTP
John Whitney
Carl M. Youngman, CTP

The TMA Annual features speakers Doug Parker, chairman and CEO of US Airways; General (ret.) Stanley A. McChrystal, and Joe Scarborough and Mika Brzezinski from MSNBC’s Morning Joe. Among the special events taking place include the 2013 Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame Class Induction Ceremony and the TMA Turnaround and Transaction of the Year Awards Brunch.

TMA’s origins began in 1987 when a group of the founding members gathered in Chapel Hill, NC to discuss how they could facilitate networking, exchange ideas and best practices, and promote what was a relatively new industry at the time. In the last quarter century the organization has grown from 31 to more than 9,300 members in 48 chapters worldwide. And now more than 450 TMA events are held annually on six continents.