Turnaround Management Association

Excellence in the turnaround and restructuring industry deserves recognition.

A TMA Chapter & Individual Award is more than an accolade—it’s a distinction that highlights exceptional leadership, innovation, and impact across our profession.

Have you advanced your chapter, led meaningful initiatives, or made significant contributions to the industry? Now is the time to be recognized by your global TMA community.

Submit a nomination and help celebrate the individuals and chapters shaping the future of turnaround and restructuring.

Nominations are open now through June 22. Submit a nomination at: https://my.reviewr.com/s2/site/ChapterIndividualAwards2026?redir=micrositedesign

How are restructuring professionals adapting to rising costs, evolving legal tools, and the rapid growth of artificial intelligence?

In a recent conversation with 2026 TMA Global Chair Rachael Smiley, FBFK Law, Jenny Faubion-Ranade of Cairncross & Hempelmann shared insights on the growing use of out-of-court restructuring options, the opportunities and risks AI presents for legal professionals, and the importance of engaging advisors early in the restructuring process.

One key takeaway: while technology continues to evolve, trusted relationships and professional judgment remain essential to delivering successful outcomes.

Watch the latest episode of TMA’s Leading Edge Series, Jennifer Faubion: AI and Out-of-Court Restructuring Options https://youtu.be/VJxb29gDPzY, to hear perspectives on restructuring trends, AI, professional development, and the value of building strong industry connections.

Special thanks to Second Wind Consultants / Rise Alliance for producing this series in partnership with TMA.

TMA Leading Edge with Jennifer Fabian: AI and Out-of-Court Restructuring Options TMA’s global community—spanning advisors, attorneys, lenders, and o...

This Pride Month, we celebrate the individuals, perspectives, and experiences that continue to shape and strengthen the turnaround and restructuring profession.

Our community thrives because of the diversity of thought, backgrounds, and voices that drive innovation, resilience, and meaningful collaboration across our industry.

We are proud to recognize and celebrate our LGBTQ+ members and remain committed to fostering an inclusive community where everyone is valued, supported, and empowered to succeed.

Happy Pride Month.

Calling all rising leaders in turnaround & restructuring!

Join us July 29–30 in Atlanta at King & Spalding LLP for the 2026 TMA NextGen Leadership Conference — two days of powerful networking, leadership development, industry insight, and connections with the professionals shaping the future of restructuring.

Whether you’re building your network, growing your influence, or sharpening your leadership skills, this is where the next generation comes together to connect, learn, and lead.

Plus, arrive early for the optional TMA Restructuring Boot Camp to accelerate your industry expertise and gain a competitive edge.

Don’t miss your chance to be part of something bigger. Register now at: nextgen.turnaround.org and join the future of the industry.

This Memorial Day, we honor and remember the brave men and women of the U.S. Armed Forces who gave their lives in service to our country. Their sacrifice is the reason we pause to reflect, remember, and express our deepest gratitude.

In observance of Memorial Day, our office will be closed today. We will resume normal business hours on Tuesday.

We wish everyone a safe and meaningful holiday.

As TMA celebrates Asian American and Pacific Islander Heritage Month, we’re proud to spotlight members like TMA Houston Chapter member Ye Hao, CFA, whose leadership and diverse perspectives continue to strengthen the turnaround and restructuring industry.

Hao reflects on how his engineering roots, cultural values, and industry experience shape his approach to complex business challenges:

"As an Asian professional in the turnaround and restructuring industry, my background has strongly influenced how I approach my work.

Coming from an engineering and energy background, I began my career in the oil and gas industry, where I developed an operational and financial understanding of businesses in capital-intensive and volatile environments. Transitioning into turnaround and restructuring allowed me to apply that experience to situations where companies face financial and operational challenges and need practical solutions. Growing up in a culture that values discipline, responsibility, and perseverance has shaped how I approach complex situations — staying patient during uncertainty, focusing on details, and working toward sustainable solutions. I believe diverse backgrounds and perspectives help us solve problems more effectively and ultimately achieve better outcomes for clients and their organizations."

TMA SoCal member Winston Mar of CR3 Partners recently joined 2026 TMA Global Chair Rachael Smiley, FBFK Law, for a conversation on distressed investing trends, turnaround strategies, and the value of building trusted professional relationships through TMA.

Winston shared insights on today’s market challenges, the importance of strong management teams, and why networking early in your career creates long-term professional opportunities.

We’re proud to see TMA SoCal members contributing thought leadership across the global TMA community.

Watch the conversation and hear Winston’s perspective on leadership, restructuring, and relationship-building in today’s market: Leading Edge Series Winston Mar: When Management Fails youtube.com/watch?v=EZoDj7rQnTE&feature=youtu.be.

Special thanks to Second Wind Consultants/Rise Alliance for producing this series in partnership with TMA.

Serve. Shape. Lead.

The future of the turnaround and restructuring industry starts with leaders willing to step forward.

From May 20–July 15, TMA members are invited to nominate themselves—or a peer—for a seat on the TMA Board or volunteer to serve on a TMA committee.

Serving in a leadership role is one of the most meaningful ways to make an impact on TMA’s future while expanding your professional network and collaborating with industry peers and leaders nationwide.

✔ Gain national visibility.
✔ Help shape TMA’s strategic direction.
✔ Build deeper industry connections.
✔ Contribute your voice and expertise.

Self-nominations are encouraged.

Not ready for a Board role? Raise your hand to serve on a TMA committee and make a difference.

Learn more and access the online applications via the links below.

Board of Trustees Nominations: https://my.reviewr.com/site/tma_trustees27
Executive Board Nominations: https://my.reviewr.com/site/tma_eb27
Committee Nominations: https://my.reviewr.com/site/Committee_TMA_2027