TMA Annual Awards Program

2013 Turnaround and transaction awards

ABOUT THE AWARDS PROGRAM
TMA honors excellence through its annual awards program, which recognizes achievements in the categories listed below. 

TURNAROUND OF THE YEAR AWARD
A turnaround means more than adjusting a balance sheet. When corporate value is on the line, jobs are at stake and time is the enemy, turnaround professionals step in to establish effective operations, implement solid management, improve cash flow and increase production, in addition to the countless other factors that contribute to the triumphant recovery of a struggling company.

Because TMA understands that each turnaround is unique, it has created distinct categories to recognize outstanding turnarounds. The awards are presented to the individual, who together with a team of turnaround professionals, has orchestrated the most successful turnaround in the following categories:

Small Company (company revenue at onset of turnaround was $50 million USD or less)
Mid-Size Company (company revenue at onset of turnaround was $50 million to $300 million USD) 
Large Company (company revenue at onset of turnaround was $300 million USD or greater) 
Mega Company (company revenue at onset of the turnaround was $1 billion USD or greater) 
International Company (company with significant cross-border operations)
Pro Bono (no fees in exchange for services); entry must demonstrate financial stability

TRANSACTION OF THE YEAR AWARD
The Transaction of the Year awards recognizes the individuals who orchestrate a non-operational restructuring, including merger and acquisition, sale, loan, liquidation, etc., to preserve value in a struggling business. Entry categories include:

Small Company (company revenue at time of transaction was $50 million USD or less)
Mid-Size Company (company revenue at time of transaction was $50 million to $300 million USD)
Large Company (company revenue at time of the transaction was $300 million USD or greater)
Mega Company (company revenue at time of the transaction was $1 billion USD or greater)

APPLICATIONS 
TMA is now accepting applications for the Turnaround and Transaction of the Year Awards. Download the applications below. Applications are due Tuesday, April 15 by 3:00 p.m. Central.

Turnaround of the Year Award Application

Transaction of the Year Award Application

Historical Financial Statement Form

View a complete list of past award recipients.

2013 AWARDS BOOK

Download the 2013 TMA Awards Book to read about this year’s award recipients for the Turnaround and Transaction of the Year Awards, Carl Marks Student Paper Competition, and Butler-Cooley Excellence in Teaching Awards. Read the press release announcing the winners.

Chapter of the Year, INTERNATIONAL CHAPTER OF THE YEAR, Most Improved Chapter of the Year, Outstanding Individual Contribution, and Emerging leader Awards

Award applications are available below and entries are due February 15, 2014. Electronic applications should be sent to Amanda Fischer at afischer@turnaround.org.

2013 Chapter of the Year Award Application

2013 International Chapter of the Year Award Application

2013 Most Improved Chapter of the Year Award Application

2013 Outstanding Individual Contribution Award Application

2013 Emerging Leader Award Application

Award recipients will be recognized at The 2014 TMA Senate, May 7-9, at the Fairmont Chicago Millennium Park.  

View past award recipients

CTP OF THE YEAR AWARD

The CTP of the Year award recognizes an individual who successfully led a recovery of a struggling business. The award honors the dedication of those who strive to differentiate themselves from their colleagues and provides evidence of a lifelong commitment to the corporate renewal industry. 

CARL MARKS STUDENT PAPER COMPETITION

The Carl Marks Student Paper Competition was established in 2003 to recognize outstanding student achievement in the field of corporate renewal, as well as provide research that may offer new insight into the profession and expand TMA’s university outreach. The program is administered by the Turnaround Management Association, the only international non-profit association dedicated to corporate renewal and turnaround management, and is funded with the support of Carl Marks Advisory Group LLC.

Papers are judged in two categories: case study and theoretical/conceptual. First and second place prizes will be awarded in each category.

Download Carl Marks Student Paper Competition Application.

Entries are due Monday, June 2, 2014, by 5:00 p.m. Central.

First place: $3,000 (USD), plus registration and travel expenses for one author for The TMA Annual, September 29 - October 1 at the Westin Harbour Castle in Toronto, Ontario.
Second place: $1,500 (USD), plus registration and travel expenses for one author for The Annual.

Click to view past award recipients.

Contact Caroline Lavery at clavery@turnaround.org or 312-578-2028 with any questions.

Butler-Cooley Excellence in Teaching Award

Established in 2004 with a grant from the John Wm. Butler Foundation, Inc., the Butler-Cooley Excellence in Teaching Awards Program honors teachers who have demonstrated their capacity to change the outcome of students’ lives and communities where they teach. 

Two teachers each receive a $5,000 cash prize and transportation and lodging expenses (up to $1,000 USD) for The TMA Annual, September 29 - October 1 at the Westin Harbour Castle in Toronto, Ontario.

Download the Butler-Cooley Excellence in Teaching Award Entry Form.

Entries are due Thursday, May 1, 2014.

Read about past award recipients

Contact Crystal Killeen at ckilleen@turnaround.org or 312-578-2034 with any questions.

TMA Chairman’s Award

Martin I. Katz, Founder of Executive Sounding Board Associates Inc., received the 2013 TMA Chairman’s Award during a special ceremony at The Annual. Katz was honored for his outstanding leadership by fostering the growth and stature of TMA and the corporate restructuring industry, as well as having distinguished himself as a leader in the industry.

Read more about Martin Katz.

Additional Awards

TMA presents Lifetime Achievement Awards and Chairman’s Awards in certain years. For details about these awards, including a list of past recipients, please click here.

Conway MacKenzie A10 Capital Anderson Bauman Tourtellot Vos Jefferies

Jefferies Anderson Bauman Tourtellot Vos A10 Capital Conway MacKenzie