Andrew Pepper has been appointed as the new President of the Turnaround Management Association (TMA) in the UK, the biggest organization of its kind in the world with over 8,000 members globally who support company transformations.
Pepper, a graduate of the University of Manchester, is CEO of Snowhill Capital, a family office investing in various businesses. He was previously Chief Operating Officer at restructuring firm Hilco Capital and a restructuring partner at Kroll Zolfo Cooper.
He is a serial investor, with a portfolio of 20 businesses which operate in a range of industries including motoring, technology, sustainable buildings, leisure, minerals, and food. His aim is to ensure that the TMA has a bigger voice in the business and political community and that everything it does creates real value for its members.
He says: “The members of the TMA provide a broad range of advisers and investors specializing in company transformations. In doing so they contribute a significant amount of wealth to the UK economy through their own organizations, but also by revitalizing businesses that have lost their way. As a major contributor to the economy we need to raise our voice and demonstrate the positive economic role that we play.
“We also need to make businesses aware of the breadth and depth of support that is available to them via the TMA if they run into trouble, thereby maximizing the opportunity of a successful turnaround.”
The outgoing President Adam Plainer, Head of Restructuring at Weil Gotshal in London, added: “I have enjoyed my tenure as President over the last two years and feel extremely positive about the future for the TMA. We have grown both our NextGen membership to encourage younger members in the industry, and have been at the forefront of promoting women through our Network of Women group. I am delighted Andrew is taking over as president and his experience and enthusiasm will drive TMA forward.
“Businesses are likely to face some tough challenges in the future, not least Brexit, and the TMA and its members are ideally placed to provide the necessary support to ensure UK plc comes through any difficult times.”
For further press information, please contact Chris Lawrance or Karen White at +0117 9073400.
The Turnaround Management Association (TMA) is the premier organization dedicated to corporate renewal and turnaround management. More than 8,300 TMA members comprise a worldwide professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants, as well as academic, government, and judicial employees.
Headquartered in Chicago, Illinois, TMA has 56 chapters spanning six continents – 32 in North America and 24 throughout the world.