Turnaround Management Association Names Ronald R. Sussman President, Elects 2012 Officers

CHICAGO, Nov. 4, 2011 /PRNewswire-USNewswire/ -- The Turnaround Management Association (TMA) has elected Ronald R. Sussman, a partner in the bankruptcy and restructuring practice at Cooley LLP in New York, as its 2012 president. Sussman and other 2012 officers were approved by TMA's governing body during the 2011 TMA Annual Convention on October 24.

Sussman, who begins his one-year term January 1, joined TMA's New York City Chapter in 1998 and soon thereafter served on high-level committees that steer TMA's direction, including strategic planning, Cornerstone 15 campaign, certification oversight and board of directors. In 2010, he served as vice president of communications and in 2011, corporate secretary.

"I have long valued working with professionals from the many disciplines that comprise the TMA, which is considered the world's premier restructuring and reorganization association," Sussman said.

Sussman has represented debtors, creditors, employee and other official committees in noteworthy bankruptcy cases, including Enron, United Airlines, Blockbuster, Mervyn's, Pacific Metro/Kinkade Gallery, Gottschalks, EPV Solar, The Sharper Image, CompUSA and Loehmann's.

Joining Sussman at the TMA leadership helm is current TMA President Mark S. Indelicato, managing partner at Hahn & Hessen LLP in New York, who will become TMA chairperson in 2012. A member since 1995, Indelicato served as past president, general counsel and director of the TMA New York City Chapter, one of TMA's largest chapters. Before being elected president, Indelicato held several prominent TMA posts, including chair of the Chapter Presidents' Council, vice president of both chapter relations and education and Executive Committee member.

"I look forward to another exciting and challenging year at TMA as we continue our global expansion while addressing the needs of the multiple disciplines that constitute our membership in these trying economic times," Indelicato said.

Other elected officers who begin one-year terms in 2012 are:

• Immediate Past Chairperson: Lisa M. Poulin, CTP, Managing Partner, CRG Partners Group LLC, Bethesda, Md.
• Corporate Secretary: David F. W. Cohen, Partner, Gowling Lafleur Henderson LLP, Toronto, Ontario
• Vice President, Chapter Relations: Andrew M. Toft, Attorney At Law, Denver, Colo.
• Vice President, Communications: Adrian R. Frankum, Senior Managing Partner, FTI Consulting, New York, N.Y.
• Vice President, Conferences: Ron E. Meisler, Managing Director, Skadden, Arps, Slate, Meagher & Flom, Chicago, Ill.
• Vice President, Education: Kenneth R. Yager, Chief Marketing Officer, MorrisAnderson, Chicago, Ill.
• Vice President, Finance: Brad Coulter, CTP, Director, O'Keefe & Associates Consulting, Bloomfield Hills, Mich.
• Vice President, International Relations: Christian Jakovlew, Excellentia Partners, Helsinki, Finland
• Vice President, Membership: Thomas M. Kim, CTP, Senior Managing Director, r2advisors, llc, Denver, Colo.

The Chicago-based Turnaround Management Association (turnaround.org) has more than 9,000 members in 49 regional chapters worldwide who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

SOURCE Turnaround Management Association