Posts for Archives: News

HELP TMA NOW LEAVE A LASTING IMPACT IN NEW ORLEANS This year, as we gather in New Orleans for the TMA Annual, TMA NOW invites you to support the local community through their online Charity Auction, powered by Tiger Group, benefiting the New Orleans Women and Children’s Shelter (NOWCS). NOWCS is the only homeless shelter […]

CHICAGO, IL – The Turnaround Management Association (TMA), the premier nonprofit serving corporate renewal and restructuring professionals worldwide, is proud to announce the winners of the 2025 Turnaround and Transaction of the Year Awards. TMA will honor this year’s award recipients at the TMA Annual Conference, October 13 – 17, in New Orleans, LA.    Since 1993, […]

Joanne Rumley, a distinguished expert in UK business restructuring and a valued member of the Turnaround Management Association (TMA), was recently featured on the Superhero Leadership podcast. In this thought-provoking episode, Joanne dives into the complexities of guiding companies through crises, highlighting the importance of diverse leadership backgrounds and the defining qualities required for successful […]

TMA’s Chapter and Individual Awards shine a spotlight on the exceptional efforts of both individual TMA volunteers and chapters across the globe. Each year, honorees stand as inspiring examples of the association’s core values, embodying the spirit of selfless service and expressing the organization’s mission at every turn. Congratulations to this year’s winners! 2025 TMA INDIVIDUAL […]

The Turnaround Management Association has been made aware of phishing emails sent to members impersonating official TMA communications. These emails often use the TMA logo, our physical mailing address, and request payment for membership dues via fraudulent links. This scam puts your financial information at risk and disrupts the legitimate communications you may receive from […]

BECOME A LEADER WITHIN OUR COMMUNITY: TMA GLOBAL EXECUTIVE BOARD/BOARD OF TRUSTEES NOMINATIONS DUE JULY 16 TMA seeks passionate, committed leaders to serve on the TMA Global Executive Board and Board of Trustees. Whether you’ve served before or this would be your first time, now is your opportunity to shape the future of TMA. Self-nominations […]

As Rite Aid navigates its second bankruptcy and seeks buyers for its pharmacy business, the company urges customers not to transfer prescriptions elsewhere to maintain service continuity. Scott Stuart, CEO of the Turnaround Management Association, underscores the gravity of the situation: “This is it for Rite Aid,” emphasizing the critical nature of a swift and […]

TMA’s latest members-only pop-up webinar drew record-breaking attendance, with over 400 participants tuning in to hear from an all-star panel on one of the most urgent topics facing businesses today: tariffs. This high-impact session delivered tremendous member value by bringing together top experts to discuss the immediate and long-term effects of tariffs on the U.S. […]

It’s time for chapters throughout TMA to prepare for the ultimate showdown—where brains meet brilliance, and strategy takes center stage! It’s time to unleash your inner financial guru and restructuring wizard because the battle for bragging rights and the coveted trophy is on! The TMA Turnaround Tourney is not your average competition; it’s a high-stakes […]

Association Focused on Business Improvement Offering Webinar on Essential Tool for Business Owners and Lenders on March 6, 2025 (Chicago, IL – February 19, 2025) – The Turnaround Management Association’s Chicago/Midwest Chapter, focused on operational and financial turnarounds of businesses of all sizes, announces today it will present a free one-hour webinar, “Essentials of 13-Week […]