Daily News: February 23, 2012

Focus Management Group Hires Karel as Managing Director

Focus Management Group, a turnaround and restructuring firm, has bolstered its team with the addition of Joseph (Joe) Karel. Karel will serve as a managing director to complement the firm’s growing business development strategies. He will be based out of the firm’s Chicago office and will focus his efforts to build the firm’s presence nationwide with a strong emphasis in the Midwest.

“We are excited to welcome someone like Joe who has built such strong and long-standing relationships within this industry,” said J. Tim Pruban, Focus president. “Joe’s dedicated work ethic and strong interpersonal skills make him the right fit for our business development team. I know he will help facilitate the firm’s growth in this increasingly competitive marketplace.”

Before Karel joined Focus he spent several years at the Turnaround Management Association (TMA) global headquarters where he served as the director of Fund Development and was responsible for the development and sale of all marketing opportunities offered at TMA.

Karel graduated from Columbia College in Columbia, Missouri with a Bachelor of Science in business with an emphasis in marketing and a minor in meeting and convention planning.

Focus Management Group provides nationwide professional services in turnaround management, insolvency proceedings, business restructuring and operational improvement with a senior-level team of 150 professionals.