The Turnaround Management Association (TMA), the leading nonprofit serving corporate renewal and restructuring professionals, announced the winners of the 2019 Turnaround and Transaction of the Year Awards. TMA will honor these 12 teams at the TMA Annual Conference September 25-27 in Cleveland, OH.

"This year's award winners have made a significant economic impact on the global economy by helping struggling businesses preserve their value and save jobs," said TMA Global Chief Executive Officer Scott Y. Stuart, Esq. “We are especially proud of the work that these TMA members have done to bring distressed organizations back to strong economic health and are happy to promote their efforts through our annual awards.”

Thirteen members of the volunteer awards committee, representing a cross section of TMA professionals, selected this year’s winners using a rigorous peer-review process. These dedicated professionals worked for months to assure that the turnarounds and transactions nominated for these awards were properly vetted in a highly competitive field of excellent submissions. TMA thanks all of those who submitted nominations and served on the awards committee.

TMA received more than 100 turnaround and transaction nominations involving the many legal, banking, accounting, and other professionals who collaborate to successfully complete these deals. The TMA Turnaround and Transaction Awards are among the most prestigious and important recognition in the industry. Congratulations to the following award winners listed by category.

International Company Turnaround of the Year – Seadrill, Limited

• Anup Sathy, Kirkland & Ellis LLP
• Ross Kwasteniet, Kirkland & Ellis LLP
• David Hilty, Houlihan Lokey Capital Inc.
• Jeffery Stegenga, Alvarez & Marsal North America LLC
• Scott Greissman, White & Case LLP
• Richard Stables, Lazard Freres & Co.
• Ira Dizengoff, Akin Gump Strauss Hauer & Feld LLP
• Mark Morris, Seadrill Limited
• Ian Johnson, Slaughter and May
• Philip Snell, Slaughter and May
• Magnus Tønseth, Advokatfirmaet BAHR AS

International Company Transaction of the Year – Agrokor d.d.

• Alastair Beveridge, AlixPartners LLP
• Gijs de Reuver, Houlihan Lokey Capital Inc.
• Dr. Leo Plank, Kirkland & Ellis International
• Wolfram Prusko, Kirkland & Ellis International
• James Roome, Akin Gump Strauss Hauer & Feld LLP
• Tin Dolicki, Bogdanovic, Dolicki & Partneri
• Andrew Shannahan, Knighthead Capital Management
• Fabris Perusko, Agrokor d.d.

Mega Company Turnaround of the Year – Westinghouse Electric Company

• Lisa Donahue, AlixPartners LLP
• Gary Holtzer, Weil, Gotshal & Manges LLP
• Tim Coleman, PJT Partners
• Martin J. Bienenstock, Proskauer Rose LLP
• Eric Siegert, Houlihan Lokey Capital Inc.
• Mark Roberts, Alvarez & Marsal North America, LLC
• Andrew Yearley, Lazard
• Van Durrer II, Skadden, Arps, Slate, Meagher & Flom LLP

Mega Company Transaction of the Year – Essar Steel Algoma Inc.

• Ashley Taylor, Stikeman Elliott LLP
• Lee Nicholson, Stikeman Elliott LLP
• Brian Denega, Ernst & Young
• Cliff Prophet, Gowling WLG LLP
• Derrick Tay, Gowling WLG LLP
• Robert Chadwick, Goodmans LLP
• John Strek, FTI Consulting Inc.
• Bo Yi, Evercore Inc.
• Stephen Antonelli, Rothschild & Co.
• Marc Wasserman, Osler, Hoskin & Harcourt LLP
• Andrea Lockhart, Osler, Hoskin & Harcourt LLP
• Ray Schrock, Weil, Gotshal & Manges LLP
• Daniel Aronson, Evercore Inc.
• Robert Del Genio, FTI Consulting Inc.
• Kelly DiBlasi, Weil, Gotshal & Manges LLP
• Joe Latham, Goodmans LLP

Large Company Turnaround of the Year – Danaos Corp.

• Jay Goffman, Skadden, Arps, Slate, Meagher & Flom LLP
• George Panagakis, Skadden, Arps, Slate, Meagher & Flom LLP
• Evangelos Chatzis, Danaos Corp.
• Matthew Whiting, Evercore Group LLC
• James Falconer, Skadden, Arps, Slate, Meagher & Flom LLP
• Mark Whatley, Evercore Group LLC
• Carl Tullson, Skadden, Arps, Slate, Meagher & Flom LLP
• Mark Friedman, Evercore Group LLC

Mid-Size Company Turnaround of the Year – Acadiana Management Group (AMG)

• John Baumgartner, Stout Risius Ross
• Bradley Drell, Gold Weems
• Michael Krakovsky, Stout Risius Ross
• Rudy Cerone, McGlinchey Stafford
• Tristan Manthey, Heller Draper
• Clifford Zucker, FTI Consulting Inc.
• Steven Fleming, PricewaterhouseCoopers LLP
• Timothy Lupinacci, Baker Donelson Bearman Caldwell & Berkowitz PC

Mid-Size Company Transaction of the Year – Gibson Brands, Inc.

• Brian J. Fox, Alvarez & Marsal
• Michael Leto, Alvarez & Marsal
• Greg Fox, Goodwin Procter LLP
• Michael Goldstein, Goodwin Procter LLP
• Jeffrey Finger, Jefferies LLC
• Paul Shin, Jefferies LLC
• Brian S. Hermann, Paul, Weiss, Rifkind, Wharton & Garrison LLP
• Robert Britton, Paul, Weiss, Rifkind, Wharton & Garrison LLP
• Jamie Baird, PJT Partners
• Andrew Troop, Pillsbury Winthrop Shaw Pittman LLP
• Jeffrey Cohen, Lowenstein Sandler LLP
• Samuel E. Star, FTI Consulting Inc.
• Andrew Dietderich, Sullivan & Cromwell
• Richard Kebrdle, White & Case LLP

Small Company Turnaround of the Year – Union Metal Industries Corporation

• Thomas Bernabei, Mayor of Canton, OH
• Fonda Williams, Deputy Mayor of Canton, OH
• Larry Small, Union Metal Industries Corporation
• Jeff Sands, Dorset Partners LLC
• Walter Good, JobsOhio – Team NEO
• Ray Hexamer, Stark County Economic Development Board
• Kirk Schuring, State of Ohio Senate
• Leonard Levie, American Industrial Acquisition Corporation

Small Company Transaction of the Year – Arcadia Services

• Matthew Kazin, Huron Consulting Group
• Laura Marcero, Huron Consulting Group
• Frank Simon, Simon PLC Attorneys & Counselors
• John Polderman, Simon PLC Attorneys & Counselors
• Brian Jones, Addus HomeCare
• David Cox, Bass Berry & Sims PLC
• Jamie Lisac, Huron Transaction Advisory
• Cathy Sparling, Arcadia Services

Non-Profit Turnaround of the Year – Life's Work of Western PA

• Michael Von Lehman, Schneider Downs Meridian
• William Frederick, Schneider Downs Meridian
• Timothy Palmer, Buchanan, Ingersoll
• William Stayduhar, Life’s Work of Western PA
• Brian Dobis, S&T Bank
• Kevin Conrad, S&T Bank
• Timothy Parks, Life’s Work of Western PA

Non-Profit Transaction of the Year – Wonderwork, Inc.

• Darren Azman, McDermott Will & Emery LLP
• Burton Weston, Garfunkel Wild
• Stephen Gray, Gray & Company
• Albert Togut, Togut Segal & Segal
• Chris Creger, CohnReznick LLP
• Benjamin Mintz, Arnold & Porter
• Claude Montgomery, Dentons
• Kevin Maclay, Caplin & Drysdale

Pro Bono Transaction of the Year – West Suburban Senior Services

• Suzanne Koenig, SAK Management Services LLC
• Eric Anderson, Staub Anderson LLC
• Barbara Yong, Golan Christie Taglia LLP
• James Keane, Harney Partners
• Elliot Hershik, Supporting Strategies
• Laurie Kokenes, West Suburban Senior Services
• David Gore, West Suburban Senior Services