Unlikely Olympic Hero Slated for Keynote Address at 2012 TMA Spring Conference

CHICAGO, Feb. 16, 2012 /PRNewswire/ -- Like corporate restructuring professionals, Derek Redmond knows about team building, goal setting, overcoming obstacles and performing at one's peak. Redmond, whose name is seared into Olympic history for his valiant finish at the 1992 Summer Games in Barcelona, will present the keynote presentation at the 2012 Turnaround Management Association Spring Conference, April 3-5, at the Grand Hyatt Atlanta in Buckhead in Atlanta.

The conference, developed for corporate restructuring specialists and other professionals who help underperforming businesses gain stability, features networking opportunities and educational sessions led by prominent industry experts. This year's panel topics include capital markets, real estate, lending, municipal government distress and the turnaround industry outlook.

Though Redmond made his mark on the track field, his inspirational story resonates broadly.

Redmond broke the British 400-meter record twice in the lead-up to his first Olympic outing at the 1988 Seoul Games, a dream scuttled by an Achilles tendon injury. Four years later in Barcelona, Redmond was felled again by injury, pulling his hamstring as he moved up through the field on the back straight in the 400-meter semifinal. As Redmond hobbled in pain to complete his run, his father Jim descended from the stands and wrapped his arms around his weeping son. They made a spectacular finish.

"It obviously captured people's attention and I have been very lucky from that day on," Redmond said in an interview with BBC Sport. "It could have gone one of two ways: people could have taken it as they have or they could have thought I was an idiot."

Unable to run track competitively after surgeries, Redmond played professional basketball for the Birmingham Bullets and competitive rugby with Coventry Rugby Club and Stow RFC. As a sprints and hurdlers development director for UK Athletics, Redmond has helped identify talented young athletes and inculcate commitment to their sport as they ascend from school level to junior international. Jim Redmond, who said he was "the proudest father alive" after the emotional spectacle in 1992, was recently appointed a torchbearer for the 2012 Olympic Torch Relay in London.

Chicago-based Turnaround Management Association, turnaround.org, the global nonprofit association dedicated to the corporate restructuring industry, has more than 9,000 members in 49 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.   

SOURCE Turnaround Management Association

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