The Turnaround Management Association appointed Marie Fahrenbach chief operating officer, effective January 1, 2018. Fahrenbach currently serves as CFO of TMA.

As COO, and in addition to her current responsibilities as CFO, Fahrenbach will be responsible for ensuring operational excellence and efficiency across TMA. She will also assume additional responsibilities on an interim basis while TMA searches for a permanent CEO.

“I am pleased to announce Marie’s appointment to COO,” said TMA President Milly Chow. “She has played a key role in overseeing our financial operations and strengthening TMA over the years, including leading our data analytics initiative. Additionally, I want to thank Marie for her contributions while we search for a new CEO.”

As previously announced, TMA has commenced a search process for a new CEO.