Why Engage a Certified Turnaround Professional? Skill, Knowledge, Experience
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Why Engage a Certified Turnaround Professional? Skill, Knowledge, Experience
By Brian F. Gleason, CTP, Chair, TMA Certification Oversight Committee
You just got off a call with the CFO of a portfolio company, who explained that there is a “short-term” liquidity issue; or you just got a quarterly reporting package, and there is a new EBIDTA adjustment request for another one-time expense, without which the company will fail its covenants....
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Brian F. Gleason, CTP, is a senior managing director and shareholder at Phoenix Management Services and chair of TMA’s Certification Oversight Committee. He has managed or participated in more than 250 turnaround engagements over the past 27 years using his executive, operational, financial, and negotiating skills. Gleason has significant experience in interim management roles, including CRO, CEO, COO, and CFO of sponsor-backed, privately held, and publicly reporting entities, and has been a board member in many private and public companies.