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Edward Schatz of The O'Connor Group Joins TMA Board

Managing Director Brings Years of Experience to Peer Group

The O’Connor Group, Inc., one of the region's premier financial and strategic advisory firms, proudly announces Edward Schatz, managing director for the firm, has been appointed to the Board of Directors for The Turnaround Management Association, Northeast Chapter for a three year term commencing January, 2011.

Mr. Schatz is a CIRA (Certified Insolvency and Restructuring Advisor), and a member of the Association of Insolvency and Restructuring Advisors, and the Association for Corporate Growth. Mr. Schatz brings vast experience to turnarounds, divestitures and bankruptcy proceedings. In his nine years with The O’Connor Group, he has been instrumental in advising a wide range of middle market companies including retail, high tech, manufacturing and distribution companies.

The Northeast Chapter of the Turnaround Management Association is a group of turnaround professionals including bankers, lawyers, accountants, investors, and academics that meet to discuss issues and needs relevant to corporate renewal and recovery and to promote high standards of practice and improved methodologies in turnaround management. The TMA Northeast Chapter is one of the three largest chapters in the country. The Board of Directors are responsible for oversight of the Northeast chapter activities and to promote and advance the founding mission of the Turnaround Management Association.

"We are extremely pleased that Edward Schatz has been appointed to the TMA Northeast Chapter Board of Directors. He has been directly responsible for successful business revitalizations and financial recoveries for many years, and his knowledge of regional business activity and his understanding of best practices should prove to be of great benefit to TMA and to his peers," said James O’Connor, founder and president of The O’Connor Group. The O’Connor Group has been a Silver Chapter Sponsor of the Northeast Chapter of TMA since 2009 and a member of the TMA since The O'Connor Group was founded in 1999.


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