Turnaround Management Association Inducts M. Freddie Reiss into the Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame
WEST PALM BEACH, Fla., Oct. 9, 2013 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that M. Freddie Reiss, Senior Managing Director in the firm's Corporate Finance/Restructuring segment, was inducted into the Turnaround Management Association's (TMA) Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame during the 25th TMA Annual Conference held in Washington D.C. on October 3-5, 2013.
Mr. Reiss joined nine highly-esteemed professionals who represent the second class to be inducted into the Turnaround, Restructuring and Distressed Investing Industry Hall of Fame, following the 2008 induction of the inaugural class during TMA's 20th anniversary celebration. The Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame was created to honor those whose outstanding individual contributions have made a lasting positive impact on an industry dedicated to stabilizing underperforming companies, rebuilding corporate value, and retaining jobs.
"Freddie joins an elite group of colleagues and peers as a practitioner, thought leader, author, director, chairman, and mentor," said Jack Dunn, President and Chief Executive Officer at FTI Consulting. "Freddie's greatest contribution to our firm has been his absolute dedication to client service and attracting and developing best-in-class teams. Many of Freddie's mentees are the core leaders of our Corporate Finance/Restructuring business today, a true testament to Freddie's character, core values, and leadership."
FTI Consulting is proud to celebrate the induction of Freddie Reiss, a recognized expert in the field of corporate restructuring. Mr. Reiss has advised on more than 100 bankruptcy-related matters during his career. His industry experience spans real estate, manufacturing, entertainment, retail, financial services, municipalities, energy, and nonprofit and government services. During his tenure at FTI Consulting, Mr. Reiss has acted as an expert witness, interim management, a fiduciary and chief restructuring officer, and trustee.
"It is an extraordinary honor to be recognized by my peers for my achievements and contributions to our industry over the past 30 years," said Mr. Reiss. "As an individual, I was fortunate to have the strong institutional backing of FTI Consulting to develop our Corporate Finance/Restructuring business offering. I am most proud of all the professionals I have mentored over the years whose careers in this business have developed so impressively. When you hire the best and brightest it is easy to develop your people into future leaders. This is why I chose to spend the latter part of my career at FTI Consulting — people want to work with leading industry experts on the most critical and complex cases."
Mr. Reiss is a member of the American Institute of Certified Public Accountants, the New York and California Societies of Certified Public Accountants and has completed the Director Education and Certification Program at the John E. Anderson Graduate School of Management at UCLA. Mr. Reiss currently serves on the Board of Trustees for the Baruch College Fund. Mr. Reiss is an independent board member and serves as the Chair of the Audit Committee at Brundage-Bone, Contech Engineered Solutions LLC and Liberty Medical Group. Mr. Reiss is an independent director for the Tennenbaum Capital Special Value Opportunities Fund, L.P. and a serves on the Audit Committee and Joint Transactions Committee. Mr. Reiss is also a Fellow at the American College of Bankruptcy. He co-authored the American Institute of Certified Public Accountants' Bankruptcy Guide and has been a panelist and moderator at conferences and symposiums across the United States.
About the Turnaround Management Association
The Turnaround Management Association (turnaround.org) is the leading organization dedicated to turnaround management, corporate restructuring, and distressed investing. Established in 1988, TMA celebrates its 25th anniversary with more than 9,000 members in 48 chapters worldwide, including 31 in North America. Members include turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters, and consultants, as well as academic, government, and judicial employees.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,000 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.58 billion in revenues during fiscal year 2012. More information can be found at www.fticonsulting.com.
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