Florida Receives Most Improved Chapter of the Year Award From the Turnaround Management Association

Oct 17, 2001

(TMA Global)

The Florida Chapter of the Turnaround Management Association (TMA) was named the “Most Improved Chapter of the Year” Sunday at the TMA 2001 Annual Conference Awards Banquet October 14 at The Breakers in Palm Springs, Fla. TMA ( www.turnaround.org ) is the only international nonprofit association dedicated to the development of stronger economy through corporate renewal. This award is given to the chapter that has demonstrated significant improvement during the past year in the areas of membership, programming, community service, communication and involvement in TMA.

In accepting the award for the chapter, President Chris Curtin, vice president at Bankers Mutual Capital Corp in North Palm Beach, said, “I think that this shows two things, one, the level of interest in the state of Florida for the revitalization of businesses needing help and two, the hard work of my TMA board members and fellow turnaround professionals. “

The Florida TMA Chapter ( www.tmaflorida.org ) began a concentrated effort two years ago to revitalize its presence in Florida after a merger of the Central Florida and South Florida chapters into one statewide chapter. Based in the Palm Beach area, the chapter has expanded into four satellite meeting locations in Orlando, Fort Lauderdale, Tampa and Miami. Its first Jacksonvile meeting will be held October 24 at the Adams Mark Hotel with former Congressman and Senate candidate Bill McCollum as speaker.

Some highlights of the chapter’s 2000-2001 accomplishments are:

  • Increased membership by almost 50%, currently at 89 members
  • Developed an active, 15-member board of directors
  • Moved from a $0 balance to $13,000 in its treasury
  • Developed a chapter Web site with six paid sponsors, www.tmaflorida.org
  • Held its first golf outing with 125 participants, 30 sponsors and $10,000 in income
  • Began a university outreach program to sponsor selected students for TMA membership
  • Increased attendance at all programs from 20 to 35 a meeting

The Turnaround Management Association (www.turnaround.org), with its international headquarters in Chicago, has 4,500 members, who include financial advisors, turnaround practitioners, consultants, accountants, lenders, attorneys, academics, judicial and government personnel who participate in corporate financial turnarounds and restructurings. Members adhere to a Code of Ethics specifying high standards of professionalism, integrity and competence. TMA activities, including the Certified Turnaround Professional program, are supported by 32 active chapters, including three in Canada and one in New Zealand, one in the United Kingdom and a chapter in formation in Australia .

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For more information, contact:

Cecilia Green
Director of Public Relations
(312) 242-6031
cgreen@turnaround.org

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