Turnaround Management Association
Chairman
J. Scott Victor
President
David F. W. Cohen
Immediate Past Chair
Hon. Kevin J. Carey
Corporate Secretary
Milly Chow
VP - Certification
Bob Schleizer, C TP
VP - Chapter Relations
Jeffrey C. Hampton
VP - Communications
Annette W. Jarvis
VP - Conferences
Mette H. Kurth
VP - Education
Rich Infantino, C TP
VP - Finance
Kevin Krakora, C TP
VP - International
Relations
John Nestel
VP - Membership
Jonathan Reimche
Chair - CRRC
Richard Bochicchio
Chair - Chapter
Presidents Council
Teresa C. Kohl
Vice Chair - Chapter
Presidents Council
Derek Meek
Member at Large
Duncan Bourne, C TP
Member at Large
Scott A. Eisenberg
Member at Large
Jukka Pekka Joensuu
Ch. Member at Large
Aaron L. Hammer
Ch. Member at Large
Allen G. Kadish
Ch. Member at Large
James E. Van Horn
Ex Officio Member
Gregory J. Fine, CAE
Board of Trustees
Steven Agran, C TP
Michael Appel
Michael Beal
Noel Boeke
Kelly Bourassa
Tyrone Courtman
Hon. Mary Grace Diehl
Van Durrer
Amy Edgy
Matthew English, C TP
Lukas Fecker
David Fraimow
Frank Grimaldi
Brent Hazzard
William Henrich
Harold Israel
Michael Klein
Jeffrey Knopping
Suzanne Koenig
Sharon Kopman
Carl Lane, C TP
Leonardo Lins Morato
Omar Mirza
Thomas Pabst
Peter Pfeiffer
John Salmas
Edward Sanz, C TP
James Shein
Lunelle Siegel
Heidi Sorvino
Scott Stuart
Bryce Suzuki
Judy Weiker
Board Alternates
Aaron L. Hammer
Allen G. Kadish
Derek Meek
James E. Van Horn
Journal Staff
Gregory J. Fine, CAE
Publisher
Matthew Switzer
Assistant Publisher
Eddy McNeil
Editor in Chief
Christopher Okenka
Journal Creative Director
Maura Sage
Associate Editor
Advertising Sales
Kris Wolcott, CAE
Director of Partnerships & Industry Relations
p: + 1 312 578 2047
e: kwolcott@turnaround.org
Image Sponsor
iStockphoto.com
About the Journal
The Journal reaches more than 10,000 industry-related
professionals. The Journal of Corporate Renewal (ISSN
1094-0472) is published by the Turnaround Management
Association, a not-for-profit organization and the premier
professional community dedicated to corporate renewal and
turnaround management. Articles in the Journal express
the opinions of their authors and do not necessarily reflect
the views of the directors, officers, or members of the TMA.
Articles in the Journal are intended as an information
source and should not be construed as specific advice.
Readers should not act on the information in the Journal
without first consulting a qualified professional advisor.
TMA Staff
Gregory J. Fine, CAE, Chief Executive Officer
Lukas Anys, Manager of Certification & Learning
Jennifter Bethke, Chief Learning & Certification Officer
Marie Fahrenbach, CPA, Chief Financial Officer
Amanda Fischer, Manager of Membership & Chapter Relations
Susan Ing, Accounting Manager
Crystal Killeen, Financial Analyst
Diana Martinez, Staff Accountant
Eddy McNeil, Senior Manager of Communications /
Editor in Chief, Journal of Corporate Renewal
Christopher Okenka, Design & Brand Marketing Manager /
Creative Director, Journal of Corporate Renewal
Maura Sage, Marketing & Communications Associate
Matt Switzer, Director of Marketing & Communications
Lucy Trankina, Learning & Certification Coordinator
John Warnik, Director of Chapters and Infrastructure
Kris Wolcott, CAE, Director of Partnerships & Industry Relations
Turnaround Management Association
150 North Wacker Drive, Suite 1900
Chicago, Illinois 60606
p: + 1 312 578 6900
f: + 1 312 578 8336
turnaround.org
Mica Arlette, Chair
PricewaterhouseCoopers
Alexander Calderone, C TP
Calderone Advisory Group LLC
Kenneth S. Frieze
Gordon Brothers Group LLC
Brian J. Grant, CTP
Conway MacKenzie Inc.
Robert A. Guy Jr.
Polsinelli PC
Nava Hazan
Squire Sanders (US) LLP
Patrick C. Lagrange
Continental Shelf Investment Capital
Bradford J. Sandler
Pachulski Stang Ziehl & Jones
Spencer M. Ware, C TP
AlixPartners
2016 Executive Board*
Chapter Presidents*
*Executive Board members and Chapter Presidents are ex officio members of the Board of Trustees.
2016 Editorial Advisory Board
Alabama
Eric Pruitt
Arizona
Fay Waldo
Atlanta
John (Kit) Weitnauer
Australia
Lachlan Edwards
Austria
Bernhard F. Klinger
Brazil
Renato Carvalho Franco
California - Northern
Matthew English, C TP
California - Southern
Matthew Covington, C TP
Canada - Montréal
Michael J. Hanlon
Canada - Toronto
D. J. Miller
Carolinas
Lisa Summer
Chesapeake
Patricia Jefferson
Chicago/Midwest
Michael Egan
Connecticut
David M. Weinstein
Czech Republic
Petr Smutny
Detroit
Scot R. Lund
Finland
Ville Ahtola
Florida
James Timko
France
Hon. Jean-Luv Vallens
Germany
Kolja von Bismarck
Hong Kong
Fergal Power
Ireland
Christiane Hutchinson
Italy
Enrica Maria Ghia
Japan
Yoshinobu Konomi
Louisiana
Kevin A. Laborde
Minnesota
Leanne Manning
Missouri
Marshall Turner
Netherlands
Edwin den Boer
Nevada
Craig Dunlap
New Jersey
Jane Mitnick
New York - Long Island
Neil Seiden
New York - Upstate
Charlie Maclay
New York City
Janine Figueiredo
Northeast
Andrew Phillips
Northwest
Walker MacLeod
Ohio
Sally C. Barton
Philadelphia
Michael S. Goodman
Pittsburgh
Kirk B. Burkley
Rocky Mountain
Stephen Emerson
Romania
Marius Turcanu
Serbia
Marko Fabris
Singapore
Jason Kardachi
Southern Africa
Alastair Macduff
Spain
Adrian Thery Marti
Sweden
Fredrik Vernersson
Taiwan
Dar-Yeh Hwang
Tennessee
Michael P. Coury
Texas - Central
Gregory S. Milligan, C TP
Texas - Dallas/Ft. Worth
Lisa Stensgard
Texas - Houston
Scott Van Meter
United Kingdom
Adam Plainer
West Michigan
Ross Meehan