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 FOR
IMMEDIATE RELEASE
CONTACT: Cecilia Green, PR Director, 312.242.6031
cgreen@turnaround.org
J. LAWRENCE HENNESSY
RECEIVES
CERTIFIED TURNAROUND PROFESSIONAL DESIGNATION
CHICAGO, Ill. - May 14, 2003 -
J. Lawrence Hennessy has been awarded the professional
designation of Certified Turnaround Professional (CTP).
Mr. Hennessy, a CPA who resides in Des Plaines, is Consulting
Manager for the Midwest office of Morris-Anderson &
Associates (www.morris-anderson.com).
The CTP designation provides an objective
measure and recognition of expertise related to workouts,
restructurings and corporate renewal. Applicants must
meet specific standards of education, experience, and
professional conduct. They must also successfully complete
a rigorous examination that covers financial and managerial
accounting and tax, turnaround and crisis management
and bankruptcy and UCC law. CTPs are required to participate
in continuing education programs to maintain their certification.
"The CTP designation is the industry's
most recognized certification of experienced and skilled
turnaround professionals," said ACTP Chairman Thomas
D. Hays III, CTP. "It is a mark of distinction
for professionals who have demonstrated their commitment
to the corporate renewal industry and to a high standard
of excellence and integrity."
The Association of Certified Turnaround
Professionals (www.actp.org)
is an international nonprofit organization dedicated
to developing, monitoring, and maintaining a program
of certification for professionals engaged in the turnaround,
crisis management, restructuring and renewal of troubled
businesses, organizations and associations. It maintains
its administrative headquarters at the Turnaround Management
Association in Chicago. TMA (www.turnaround.org)
is the premier professional community dedicated to corporate
renewal and turnaround management. It has 5,800 members
in 31 chapters worldwide.
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