The Turnaround Management Association (TMA) is pleased to announce its selection of Scott Y. Stuart, Esq., as its chief executive officer. Stuart will lead the global organization of more than 9,000 turnaround and corporate renewal professionals.
Stuart brings to TMA nearly 30 years of experience in the restructuring, legal, and distressed investment sectors, and a proven track record building, growing, and leading successful companies, from corporations to startups. He has spent the bulk of his career in the restructuring community in various leadership capacities, including his roles as a senior trial attorney with the Office of the United States Trustee, chair of the corporate restructuring practice at Rivkin Radler LLP, and as executive director and partner with Donlin Recano, where he headed the firm’s national business development efforts for more than a decade.
"We are thrilled to introduce Scott as the CEO of our association,” said Kevin A. Krakora, CTP, TMA Global president and principal, KPMG LLP. "He is a well-respected leader with an impressive career in the corporate restructuring industry. His combination of industry experience, background in technology, and deep relationships with fellow practitioners will help advance TMA as the premier global association dedicated to corporate renewal.”
Stuart has been a TMA member for more than 15 years and has served in various leadership roles with the Chicago, New York, Philadelphia, and New Jersey chapters. He currently serves as a member of TMA Global’s Board of Trustees and was a valued contributor in TMA Global’s strategic planning sessions in 2016. He has also served on numerous TMA conference planning committees and educational panels. In addition to TMA, Stuart has held numerous leadership roles in several trade organizations, including the American Bar Association, American Bankruptcy Institute, and New York Institute of Credit.
“Scott is an accomplished executive with a cross-functional background in revenue growth, fundraising, business development, technology implementation, operations, strategic partnerships, marketing, and people leadership,” said Milly Chow, TMA Global chair and partner, Blake, Cassels & Graydon LLP. “He brings a broad-based perspective on the turnaround industry and will elevate the profile and prestige of TMA within the global restructuring community and among its members.”
“I am honored to lead TMA, with the most diverse membership base of restructuring professionals from around the world,” said Stuart. “I am excited to bring my nearly three decades of experience to this role, and I look forward to implementing new and innovative ways to attract and engage members, all of whom have a tremendous impact on our global economy.”
For the last three years, Stuart has been a successful entrepreneur, as co-founder and CEO of Esquify, Inc., a venture-backed legal tech startup in the e-discovery space. In his various positions, he has been involved in business and bankruptcy cases, mediations and arbitrations in Canada, England, and Sweden. He has also been involved with business projects in the EU, Australia, and Asia.
The selection of Stuart as CEO culminates an extensive search process by TMA’s CEO Selection Committee, led by Chow as chair, with assistance from Korn Ferry FutureStep, a leading global organizational strategy and executive search firm.