TMA’s global community—spanning advisors, attorneys, lenders, and operators—plays a critical role in helping businesses navigate complexity, adapt to change, and recover stronger. Behind every successful turnaround is a network of experienced professionals collaborating to solve high-stakes challenges and preserve value.
TMA is proud to share the first installment of this 10-part interview series sponsored by Second Wind Consultants / Rise Alliance, highlighting the people and perspectives shaping the turnaround and restructuring industry. https://www.turnaround.org/
This first episode, TMA Leading Edge Series: Sari Placona: The Goal Leads the Process, features a discussion between TMA Global President Brian Gleason, CTP, J. S. Held, and TMA member Sari Placona, McManimon, Scotland & Baumann LLC.
In this interview, Placona discusses the range of solutions available to distressed companies—from Chapter 11 restructurings to out-of-court alternatives—and emphasizes the importance of starting with a client’s goals to determine the best path forward. She also highlights the growing cost pressures businesses face, the need for practical and creative problem-solving, and the increasing role of alternative processes when traditional bankruptcy may not be feasible.
This conversation marks the first installment in a 10-part interview series sponsored by Second Wind Consultants / Rise Alliance, highlighting the people and perspectives shaping the turnaround and restructuring industry.
Stay tuned for upcoming episodes in this series, where we’ll continue to spotlight the voices and impact of TMA members.
May 19—Winston Mar: Distress: When Management Fails
June 2—Jennifer Faubion: Trending: AI and Out of Court Options in Restructuring
June 16—Adam Duso: Out-of-Court: A Path to Value Preservation
June 30—Quintin Brown: Leveraging Specialists: Navigating Complex Situations
July 14—Michael Petrecca: Merchant Cash Advances: An Engine of Distress
July 28—Matthew English: Decision Paralysis: A Barrier to Turnaround
August 11—Alan Brody: Relationship Capital: Creating Efficiency in Distress
August 25—Pauline Chow: Private Capital: Finding Value Where Others Don’t
September 8—Hannah Robb: Turnaround Talent: Built for Crisis
Find out more about TMA https://www.turnaround.