FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Crestmark’s Lund Named President of TMA’s Michigan Chapter

July 14, 2015, 07:52 AM

Crestmark First Vice President of Program Management Scot Lund has been named president of the Michigan Chapter of the Turnaround Management Association (TMA), effective July 1. TMA is a non-profit organization dedicated to corporate renewal and turnaround management. The Michigan Chapter, with an office in Tecumseh, has 370 members located in Metro Detroit and Grand Rapids. 

Lund has more than 25 years of experience as an owner and operator of several businesses, and as turnaround professional helping revitalize businesses in a broad range of industries. He joined Crestmark in 2012 to provide guidance to Crestmark’s clients seeking to enhance operations and help educate Crestmark employees.

As president of the Michigan Chapter, Lund will oversee the chapter’s sub committees, including membership, education, Network of Women, and NextGen Group. In addition, he will represent Michigan at TMA’s national and global events.  Members of the Michigan Chapter meet 24 times annually. Lund has been a member of the Michigan Chapter of the TMA since 2009, and has served on the board of directors since 2010.

Lund said, “I am honored to lead the Michigan Chapter of the TMA. My goal is to ensure that members of the Michigan Chapter optimize their experience by attending education programs and networking events, and by accessing resources that support their professional development, as well as their expertise in revitalizing Michigan businesses, government entities, and other organizations facing challenges.”

TMA Global is the leading organization dedicated to turnaround management, corporate restructuring, and distressed investing. Established in 1988, TMA has more than 9,300 members in 49 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.

Crestmark is an FDIC-insured bank that provides innovative financial solutions for businesses nationwide. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, term loans, factoring, machinery/equipment financing and equipment leasing. Crestmark has extensive experience in helping many industries including transportation, manufacturing, staffing, petrochemical, government contractors, apparel/footwear/furniture distribution/manufacturing, hospitality/hotels, insurance agencies, and technology hardware/software. Headquartered in Michigan, with additional offices in California, Florida, Louisiana, Tennessee, New York, and Illinois; and representatives nationwide. 

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.