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TMA Fact Sheet

The Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 9,000 members in 52 chapters including 32 in North America.  TMA’s mission is to serve as a forum for corporate renewal professionals from all disciplines to promote high standards of practice, foster professional development, and enhance the image of TMA members.

TMA is a truly global, member-centric organization that provides value, community, and unparalleled resources to all member segments 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.

TMA members are a professional community of turnaround and corporate renewal professionals who share a common interest in strengthening the economy through the restoration of corporate value. They include:

  • 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 sign a Code of Ethics each year specifying high standards of professionalism, integrity, and competence.

The TMA Certification Program recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal. Applicants for certification must meet stringent standards of education, experience and professional conduct, pass a comprehensive examination and maintain the credential through continuing education credits.


  • Journal of Corporate Renewal
  • TMA Weekly Report

Conferences & Events

TMA holds three annual international conferences and regional and chapter events throughout the world.


TMA offers comprehensive education resources covering the full scope of corporate restructuring, distressed investing, and turnaround management related topics for every stage of your career. 

Body of Knowledge Courses