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About Tommy M. Onich, BBA CTP

Tommy M. Onich, BBA CTP

Tom is a specialist in interim and crisis management with 20 years of senior management experience in financial, operational and statutory restructuring. He has served as Chief Restructuring Officer, Chief Executive Officer, and Chief Financial Officer in a wide range of business sectors including health care, structural steel, garment manufacturing, yacht building, die cast, railroad repair and food processing. He is recognized for his achievements in the following areas: statutory restructuring, cash flow management, creditor negotiations, management assessment, performance management, corporate strategy or business planning, organizational assessment, and corporate due diligence. Tom has successfully restructured organizations through informal arrangements with creditors and by statute. He is one of the few turnaround professionals experienced with the insolvency regimes of both Canada and the United States. Prior to his work in corporate renewal, he was engaged in corporate lending with a major Canadian Bank winning several awards for innovative solutions tailored to client’s needs.

Tom successfully completed the stringent accreditation process of the Association of Turnaround Professionals and was awarded the Certified Turnaround Professional designation in 2001. He also holds a Bachelor of Business Administration with Honors from Brock University in Canada. Articles authored by him have been published in such venues as the Journal of Corporate Renewal, the Secured Lender, The Commercial Lending Review, and the Provider.

Tom has been the president of his own consulting firm TCMI Limited since 1995.

TCMI is a provider of management consulting, turnaround or crisis management, corporate restructuring, and renewal services to companies in financial and operational difficulty.

The goal and purpose of TCMI is to increase the value of our client’s business through corporate renewal. We serve clients in both the United States and Canada providing strategic, consulting, interim management, and creative restructuring solutions for companies facing managerial, operational, and financial problems. We restore and create value through a highly effective restructuring process.

In the role of either consultant or interim management ,TCMI does not just provide the client with reams of complex spreadsheets but rather takes an integrated approach to truly enhance value.


Tom can be contacted by phone at 905-687-2119 or by email at [email protected]


Articles by Tommy M. Onich, BBA CTP

Navigating an Extreme Environment as Chief Restructuring Officer The position of Chief Restructuring Officer (CRO) is not well defined or understood. This role does not have as much history as the more traditional positions such as CFO, CEO, or President. In turn, this leaves room for much misunderstanding. The position of CRO may be thought of as one that works through bankruptcy, rationalizes a workforce, repositions marketing, or deals with re-financing or disposition of assets. It may indeed include all of these and much more. It may be used to lead an […]

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