The Turnaround Management Association (TMA) is the most professionally diverse organization in the corporate restructuring, renewal, and corporate health space. Established in 1988, TMA has almost 10,000 members in 54 chapters worldwide, including 34 North American chapters. Members include turnaround practitioners, attorneys, accountants, advisors, liquidators, consultants, as well as academic, government employees, and members of the judiciary.
TMA is about more than just turnaround.
TMA members are a professional community that seeks to strengthen the global economy by working to save distressed businesses, assist management to navigate off-plan events, and help healthy companies avoid similar pitfalls.
TMA shows members value by providing networking, educational resources, and certification to members whether they practice at the local, regional, national, or cross-border level. TMA ensures that the critical role our members play in the global economy is understood, respected, and celebrated.
Who Are TMA Members?
- 43% – Turnaround practitioners who consult with or participate in helping troubled companies in the recovery process, including interim corporate managers, financial and operating advisors, accountants
- 20% – Attorneys
- 14% – Lenders and bankers/workout officers
- 3% – Investors, including equity investors, investment bankers, venture capitalists
- 20% – Other related professionals, including receivers, appraisers, trustees, auctioneers/liquidators, factors, academics/students, government/judges, and recruiters
All TMA members are expected to abide by a Code of Ethics, specifying high standards of professionalism, integrity, and competence.
TMA Diversity & Inclusion Statement
In principle and in practice, the Turnaround Management Association (TMA) and its chapters value and seek diversity and inclusiveness. TMA welcomes all industry professionals as members, leaders and participants consistent with the organization’s diversity values.
With this in mind, TMA is committed to including representation from a broad range of identity groups in the membership and all of its leadership, programmatic activities, and business of the Association. Identity groups include and are not limited to age, appearance, disability, ethnicity, gender, gender identification, geographic location, nationality, professional level, race, religion, and sexual orientation. Learn more about our DE&I initiatives here.
Bylaws
Read TMA’s bylaws.