TMA Network of Women in the News will be emailed monthly to all TMA members to celebrate your accomplishments and expertise. The objective of TMA NOW in the News is to elevate the profiles of TMA NOW members so they are top of mind when members are looking for a referral for a matter, need to fill a speaking opportunity, need an article to be written, or are looking for someone to sit on a committee.
Spotlight Interviews
Read on for interviews with Judge Mary Jo Heston of TMA Northwest and Suzanne Yoon of  TMA Chicago/Midwest.

Judge Mary Jo Heston
Judge Mary Jo Heston
How did you get involved in TMA? 
In the late 1980s there was a cross-border Seattle/Vancouver bar group.  When TMA Northwest formed, the chapter took over the group.  I got involved with the chapter as there were many people involved who I had previously worked with. I later became TMA Northwest Chapter President and went on to serve on the TMA Board of Trustees.
 
Hot topics in our community are: Leading Change, Successes and Failures, Mentorship/Sponsorship and Earning the Role Have you had any experiences in any of these areas that made a strong impact on you?
I have benefitted from strong mentors throughout my career.  My philosophy has been to always have your next goal in mind and put yourself in the best position to reach that goal.  Do not get frustrated if your goal does not work out on the first try, be persistent.
 
In your opinion, what's the most exciting/interesting trend or event happening in the turnaround and restructuring industry?
I am very interested in international and cross-border cases and I find the evolution of insolvency laws in developing countries to be fascinating. Recently I did a program with African judges with the World Bank and INSOL in Mauritius.  I feel much cross-border work brings you back to being able to focus on the fundamental business aspects of the industry.
 
What's the best career advice you've ever received?"
Always maintain good relationships throughout your career, especially when you leave a place.  You never know where former colleagues are going to end up.  Operate by the motto "always be helpful and kind."
 
What would someone who only knows you professionally be surprised to learn about you?
I had a prior career as an occupational therapist where I worked with physically handicapped individuals and also worked at an institution for autistic children. I discovered dealing with "life and limb" that I could not leave work at the office and would burn out.  My grandfather was an attorney who practiced law until he was 93 and it was much of his influence that inspired me to get into law.
Suzanne Yoon
Suzanne Yoon
How did you get involved in TMA?
I joined in the late 1990s when I worked at ABN AMRO/LaSalle Bank.  My boss was a member and encouraged me to join the organization as TMA was the only organization within the investor and credit community that was focused on distressed/special situations.  Early in my career, I was attracted to the opportunity to network with industry leaders and gain more experience  through focused educational content.  TMA was the first professional organization I joined and I have been a member consistently since joining almost 20 years ago.

Hot topics in our community are: Leading Change, Successes and Failures, Mentorship/Sponsorship and Earning the Role. Have you had any experiences in any of these areas that made a strong impact on you?
It is important to "earn your role" not only with technical expertise, but to demonstrate an ability to create revenue and influence amongst your peers. Professionals and leaders create their own destinies when you have the right combination of client relationships, internal support and exceptional technical skills.

Mentorship and having strong sponsors are also very important to development within any organization.  Throughout my career, I had several mentors and sponsors, both male and female.  As my career developed, I sought out more female leaders to be part of my personal "advisory board". I believe in having multiple mentors as they bring a broad range of suggestions derived from different experiences. My advice to women who are looking for mentorship is create a role for yourself, think of who you want as advisors and seek them out. Do not wait for advisors to come to you.

In your opinion, what's the most exciting/interesting trend or event happening in the turnaround and restructuring industry?
The turnaround industry has always been at the forefront of creative investing and I believe the pace at which technology is changing is a huge opportunity for the turnaround management and investing. It will and has created tremendous opportunities.

A more general trend that I am excited about is the #MeToo movement... Women are now feeling empowered to be vocal and strong. #MeToo is a positive development for our business community as it will force people to be more thoughtful about how cultures are created and maintained within companies. I am hopeful that awareness will create more inclusive environments which in turn will attract more women to the financials industry as a whole.

What's the best career advice you've ever received?" 
"Experience trumps pure intellect."  Told to me when I was a young banker by a very wise CEO.

What would someone who only knows you professionally be surprised to learn about you?
I am an outdoor & sports enthusiast. I try to spend as much time as I can with my boys outside hiking, fishing, golfing, gardening, etc when I'm not working.    
TMA NOW Member Accomplishments
  • Rosa Evergreenof Arnold & Porter, recently received the District of Columbia Bar's Laura N. Rinaldi Pro Bono Lawyer of the Year award.
  • TMA West Michigan NOW Affinity Group recently hosted a scavenger hunt in Kalamazoo, Michigan. Featuring stops at local businesses, 34 attendees (both men and women) broke into teams and participated in a fast-paced competition to see which team could complete the most assigned tasks. In the words of Rachel Hillegonds, TMA West Michigan NOW Chairwoman, "It's fun to shake things up a bit and try something new. The event was a success and gave attendees the chance to explore many unique spots in Kalamazoo and to network with one another in a meaningful way."  Thanks to a generous grant from the TMA Global Chapter Resource and Response Committee (CRRC), this event was an enormous success! To see general antics and tom-foolery visit: www.tmawm.com for a photo slideshow.
Upcoming TMA NOW Events

Thursday, August 23
Philadelphia/Wilmington:  NOW Spa Event

Wednesday, August 29

Thursday, September 20
New Jersey: Toot Your Own Horn
New TMA NOW Members

Breanne Barker, Grant Thornton Limited 
Kristine Clark, Kristine Clark
Kelley Cornish, Paul Weiss Rifkind Wharton & Garrison LLP
April DeLuca, DeLuca Consulting LLC
Rebecca Earl, US Bankruptcy Court District of New Jersey
Kathryn Ehlinger, Prosperity Business Advisors, Inc.  
Kari Epstein, The LaSalle Network  
Catherine Heitzenrater, Duane Morris LLP
Myra Kressner, Strasburger Retail  
Rachael Kuehn, Conway MacKenzie Inc 
Eugénie Lefebvre, Borden Ladner Gervais LLP
Heather Rachel, Republic Business Credit LLC
Mary-Jo Rebelo, Burns White LLC  
Ann Ruane, Citi Private Bank  
Sue Ryu, CohnReznick Capital Markets Securities LLC
Emma Zhang, Deutsche Bank  
Submit Your News to Be Featured 


Please send your news to Kris Wolcott at kwolcott@turnaround.org to be included in the next issue of TMA Network of Women in the News. 

About TMA Network of Women

The TMA Network of Women (TMA NOW) is an affinity group within TMA, created to foster female leadership by creating the premier business development and networking group for women in the turnaround community. TMA NOW aims to provide substantive educational programming and networking opportunities to promote career growth and help women break through the glass ceiling.   
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