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FTI Consulting, Inc. (NYSE: FCN) is a leading global business advisory firm committed to helping organizations manage change, mitigate risk, and resolve disputes. Headquartered in Washington, D.C., FTI Consulting operates with more than 8,000 professionals in 31 countries, delivering expert services across various domains.
The firm segments its operations into five critical areas:
- Corporate Finance and Restructuring: Specializes in business transformation, strategy, and restructuring services, providing solutions for optimal financial performance.
- Forensic and Litigation Consulting: Offers expertise in investigations, dispute resolution, and forensic accounting to support clients facing legal complexities.
- Economic Consulting: Delivers strategic consulting on economic issues, antitrust matters, and financial economics, aiding clients in navigating complex regulatory environments.
- Technology: Focuses on M&A-related services, litigation support, and leveraging digital tools to streamline business processes and enhance decision-making.
- Strategic Communications: Provides services in public affairs, corporate reputation management, and communication strategies to mitigate risks and strengthen client relations.
FTI Consulting serves a diverse clientele, including sectors like construction, energy, environmental, healthcare, insurance, real estate, retail, telecom, media, and technology. The majority of its revenue is generated within the United States, with the Corporate Finance segment being the largest contributor.
In recent developments, FTI Consulting has expanded its global aviation offering with the appointment of Frank Martin, enhancing their capability to navigate aviation sector challenges. The firm also focuses on digital transformation, highlighted by the appointment of Shubho Ghosh to bolster their Business Transformation practice, aiding clients in developing and implementing digital strategies for revenue growth and operational efficiency.
Financially, FTI Consulting reported a revenue increase to $3.49 billion for the year 2023, reflecting a 15.2% rise from the previous year, attributed to higher demand across all segments. The firm maintains a robust financial position with net income of $274.9 million and a steady cash flow, underpinned by strategic investments in talent and digital transformation initiatives.
FTI Consulting's commitment to delivering value extends to its private equity services, led by Jiva J. Jagtap, focusing on value creation and post-transaction strategies. The firm is also proactive in cybersecurity, addressing communication gaps between CISOs and the C-suite to enhance organizational resilience against evolving cyber threats.
For more information, visit www.fticonsulting.com or contact their investor relations team.
FTI Consulting's Healthcare & Life Sciences Industry Outlook 2025 reveals renewed optimism in the sector, with 79% of leaders feeling positive about the industry's financial outlook, an 11% increase from last year. The survey indicates strong growth potential, with 66% of leaders expecting higher M&A activity and 40% anticipating improved capital raising capabilities.
Key investment areas include obesity treatments, immuno-oncology, gene editing, and AI-powered drug discovery. The survey identifies major challenges: economic uncertainty (38%), cybersecurity (23%), and political uncertainty (22%). In response to increasing cybersecurity threats, 68% of organizations have implemented crisis communications plans, and 53% have conducted crisis simulations.
Regarding the U.S. political landscape, nearly 60% of respondents believed a second Trump administration would positively impact their business, with expectations of reduced federal regulations and a more favorable deal-making environment.
FTI Consulting (NYSE: FCN) has expanded its global Construction, Projects & Assets practice with the addition of two Senior Managing Directors, Paul Hirst in London and Jorge Martínez Seara in Madrid. Both bring extensive experience in capital project management and infrastructure development.
Hirst, a Chartered Civil Engineer with 25 years of experience, specializes in capital projects across transport, power, utilities, and defense sectors. Martínez Seara brings over 25 years of international experience in CapEx and OpEx programs across renewable energy, power, utilities, and infrastructure industries.
These appointments are part of FCN's strategic expansion of its global Construction, Projects & Assets practice, following several other senior appointments made in 2024 across Singapore, United States, Colombia, UK, UAE, and Sweden.
FTI Consulting (NYSE: FCN) has strengthened its Food, Agriculture & Beverage practice with two key appointments. Polly Ruhland joins as Senior Managing Director, bringing over 25 years of leadership experience, including CEO roles at United Soybean Board and Cattlemen's Beef Promotion & Research Board. Cassandra Oliveira joins as Managing Director, bringing expertise in agricultural inputs and equipment from her previous role at John Deere.
Ruhland will focus on advising clients on supply chain resilience, efficiency, and sustainability strategies, while Oliveira will assist with M&A commercial diligence, organic growth initiatives, and commercial transformations. These appointments follow the recent additions of Nathan Ramsey and Brandon Banner, expanding the practice's business transformation capabilities.
FTI Consulting (NYSE: FCN) has strengthened its Strategic Communications segment by appointing David Duschene and Tim Peters as Senior Managing Directors in Chicago. Duschene joins with 30 years of strategic communications experience and will serve on the Public Affairs team, while Peters brings over 25 years of experience to the Corporate Reputation team. Both executives previously worked as partners at boutique advisory firms and held leadership positions at Golin. The appointments enhance FTI's capabilities in helping organizations navigate complex reputational, social, commercial, regulatory, and political challenges in the Midwest region.
FTI Consulting (NYSE: FCN) has appointed Susanne Arndt as Senior Managing Director within its Strategic Communications segment in Düsseldorf. Arndt brings over 25 years of experience in strategic communications, specializing in complex change situations including restructurings and transformations. She joins from H/Advisors Deekeling & Arndt, where she was Managing Partner. The appointment aims to strengthen FTI's communications and change offering within the People & Transformation practice, particularly focusing on the DACH region. Arndt's expertise spans various sectors, with emphasis on financial services and automotive industries.
FTI Consulting (NYSE: FCN) has strengthened its Financial Services practice by appointing Caitlin Holmes and Mark Sexton as Senior Managing Directors in the Forensic and Litigation Consulting segment. Holmes, based in Los Angeles, brings over 20 years of experience in financial management and compliance. Sexton, based in New York, contributes 30 years of financial services expertise. Both will enhance the firm's risk management and regulatory compliance services. This expansion follows the recent appointment of Beji Varghese and aims to support financial institutions through all business cycle stages.
FTI Consulting (NYSE: FCN) has strengthened its Forensic and Litigation Consulting segment in Sydney with two senior appointments. Natalie Faulkner joins as Senior Managing Director with 25+ years of forensic accounting experience, focusing on financial services. Sam Scerri joins as Managing Director to lead the Data & Analytics practice, bringing 15+ years of consulting expertise. Both executives, formerly from KPMG Australia, will enhance the firm's capabilities in regulatory compliance, fraud prevention, data analytics, and risk management services across Australia.
FTI Consulting (NYSE: FCN) has appointed Brian Knudson as Senior Managing Director in the Data & Technology Transformation practice within its Corporate Finance & Restructuring segment. Based in Chicago, Knudson brings over 35 years of experience in artificial intelligence and digital learning. He will focus on developing and implementing AI strategies across industries, creating custom solutions and applying existing AI technologies. Previously, Knudson served as Partner/Principal at Ernst & Young, where he led the Global and Americas Learning Services practice and established the EY Learning Lab, pioneering early AI tools deployment in production environments.
FTI Consulting reported Q3 2024 revenues of $926.0 million, up 3.7% from $893.3 million in the prior year quarter. Net income decreased to $66.5 million from $83.3 million, with EPS falling 21% to $1.85. The revenue growth was driven by higher demand in Economic Consulting and Technology segments, offset by lower demand in Corporate Finance & Restructuring. The company updated its full year 2024 guidance, now expecting revenues between $3.700-3.750 billion and EPS between $7.90-8.35. Cash position improved significantly with cash and cash equivalents of $386.3 million, compared to $201.1 million year-over-year.
FTI Consulting, Inc. (NYSE: FCN) has announced the appointment of Sunny Yi as Senior Managing Director and Leader of the North Asia Business Transformation practice. With over 30 years of experience in transformation, change management, and organization design, Mr. Yi brings expertise in financial services, private equity, manufacturing, and service-provider industries.
Prior to joining FTI Consulting, Mr. Yi held prominent roles including Managing Partner for Korea at a global consulting firm, Managing Partner at Bain & Company's Seoul office, and CEO of Shinhan Digital Solution Company. He has also served as an economic advisor to Korean presidents.
This appointment continues FTI Consulting's recent growth in business transformation and strategy offerings, following several senior appointments in EMEA and the United States.
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