Daily News: September 4, 2012

Infantino Receives Certified Turnaround Professional Designation

Richard S. Infantino, director of Deloitte Financial Advisory Services, has been awarded the professional designation of Certified Turnaround Professional (CTP). Infantino is president of the Turnaround Management Association (TMA) Philadelphia chapter.

Infantino has more than 25 years of experience in a variety of senior management and consulting positions, leading and advising companies in transition. He has assisted legal counsel, receiverships, Chapter 11 trustees, lending institutions, company management, creditor committees, and other stakeholders on a variety of financial, strategic and operational issues. In addition, his hands-on operating experience, combined with his financial background, gives him a unique perspective to assist clients in a variety of industries, including paper and packaging, consumer products, healthcare, construction, real estate, distribution, manufacturing and not for profit.

The CTP designation provides an objective measure and recognition of expertise related to workouts, restructurings and corporate renewal. Applicants must meet specific standards of education, experience, and professional conduct. They must also successfully complete a rigorous examination that covers financial and managerial accounting and tax, turnaround and crisis management, and bankruptcy and UCC law. CTPs are required to participate in continuing education programs to maintain their certification.

“The CTP designation is the industry’s most recognized certification of experienced and skilled turnaround professionals,” said Russell Burbank, CTP, TMA’s vice president of Certification and president of its Certification Oversight Committee. “It is a mark of distinction for professionals who have demonstrated their commitment to the corporate renewal industry and to a high standard of excellence and integrity,” he added.

Infantino holds a bachelor’s degree from the Wharton School, University of Pennsylvania and in 2000 attended the Wharton School for Supply Chain Management: Creating Competitive Advantage.