The Turnaround Management Association chose Scott Y. Stuart as its chief executive officer. Stuart will lead the global organization of more than 9,000 turnaround and corporate renewal professionals.
Stuart has nearly 30 years of experience in the restructuring, legal and distressed investment sectors. He has spent the bulk of his career in the restructuring community in various leadership capacities, including roles as a senior trial attorney with the Office of the U.S. Trustee, chair of the corporate restructuring practice at Rivkin Radler and executive director and partner with Donlin Recano, where he headed the firm’s national business development efforts for more than a decade. For the last three years, Stuart has been CEO of Esquify, a venture-backed legal tech startup in the e-discovery space he co-founded.
In his various positions, he has been involved in business and bankruptcy cases, mediations and arbitrations in Canada, England and Sweden. He has also been involved with business projects in the EU, Australia and Asia.
Stuart has been a TMA member for more than 15 years and has served in various leadership roles with the Chicago, New York, Philadelphia and New Jersey chapters. He currently serves as a member of TMA Global’s board of trustees and was a valued contributor in TMA Global’s strategic planning sessions in 2016.
“Scott is an accomplished executive with a cross-functional background in revenue growth, fundraising, business development, technology implementation, operations, strategic partnerships, marketing and people leadership,” said Milly Chow, TMA Global chair and partner, Blake, Cassels & Graydon. “He brings a broad-based perspective on the turnaround industry and will elevate the profile and prestige of TMA within the global restructuring community and among its members.”
“I am honored to lead TMA, with the most diverse membership base of restructuring professionals from around the world,” said Stuart. “I am excited to bring my nearly three decades of experience to this role, and I look forward to implementing new and innovative ways to attract and engage members, all of whom have a tremendous impact on our global economy.”
The selection of Stuart as CEO culminates an extensive search process by TMA’s CEO Selection Committee, led by Chow as chair.