The Turnaround Management Association (TMA) announced that Marie Fahrenbach has been appointed Chief Operating Officer, effective January 1, 2018. Fahrenbach currently serves as Chief Financial Officer of TMA.
As COO, and in addition to her current responsibilities as CFO, Fahrenbach will be responsible for ensuring operational excellence and efficiency across TMA. She has also assumed additional responsibilities on an interim basis while TMA searches for a permanent CEO.
"I am pleased to announce Marie's appointment to COO," said TMA President Milly Chow. "She has played a key role in overseeing our financial operations and strengthening TMA over the years, including leading our data analytics initiative. Additionally, I want to thank Marie for her contributions while we search for a new CEO."
As previously announced, TMA has commenced a search process for a new CEO.