FTI Consulting Adds EY-Parthenon Leader to Build Industry Depth and Launch FTI Delta’s New Consumer & Retail Practice
FTI Consulting (NYSE: FCN) has appointed Jeff Wray as Senior Managing Director and Industry Growth and Strategy Leader within the Corporate Finance & Restructuring segment. Wray will lead the new Consumer & Retail industry practice within FTI Delta, the firm's strategy consulting practice. With over 20 years of experience, Wray joins from EY-Parthenon, where he was Global Leader.
The Consumer & Retail practice launch comes nearly a year after FTI Delta's inception, adding to its existing Telecommunications, Media & Technology and Public Sector practices. Wray's role involves building industry teams across strategy, transformation, and transactions capabilities, creating end-to-end consulting solutions for clients.
This move aligns with FTI Consulting's belief in industry expertise as key to delivering high client value. Wray's experience in growth investments, corporate venture capital, and large-scale divestitures is expected to accelerate the firm's efforts in building industry practices that partner with clients across all dimensions of value creation.
FTI Consulting (NYSE: FCN) ha nominato Jeff Wray come Senior Managing Director e Leader di Crescita Industriale e Strategia all'interno del segmento Corporate Finance & Restructuring. Wray guiderà la nuova pratica nell'industria dei Consumer & Retail all'interno di FTI Delta, la pratica di consulenza strategica dell'azienda. Con oltre 20 anni di esperienza, Wray proviene da EY-Parthenon, dove era il Leader Globale.
Il lancio della pratica Consumer & Retail arriva quasi un anno dopo la nascita di FTI Delta, ampliando le sue pratiche esistenti in Telecomunicazioni, Media & Tecnologia e Settore Pubblico. Il ruolo di Wray prevede la creazione di team industriali nelle aree di strategia, trasformazione e capacità di transazione, sviluppando soluzioni di consulenza complete per i clienti.
Questa mossa è in linea con la convinzione di FTI Consulting che l'esperienza nel settore sia fondamentale per fornire un elevato valore ai clienti. Si prevede che l'esperienza di Wray in investimenti di crescita, capitale di rischio aziendale e dismissioni su larga scala acceleri gli sforzi dell'azienda nella costruzione di pratiche industriali che collaborano con i clienti su tutte le dimensioni della creazione di valore.
FTI Consulting (NYSE: FCN) ha nombrado a Jeff Wray como Director Senior y Líder de Crecimiento Industrial y Estrategia dentro del segmento de Finanzas Corporativas y Reestructuración. Wray liderará la nueva práctica de la industria de Consumidores y Retail dentro de FTI Delta, la práctica de consultoría estratégica de la firma. Con más de 20 años de experiencia, Wray proviene de EY-Parthenon, donde fue el Líder Global.
El lanzamiento de la práctica de Consumidores y Retail llega casi un año después de la creación de FTI Delta, sumando a sus prácticas existentes en Telecomunicaciones, Medios y Tecnología, y Sector Público. El papel de Wray implica construir equipos industriales en estrategia, transformación y capacidades de transacciones, creando soluciones integrales de consultoría para los clientes.
Este movimiento se alinea con la creencia de FTI Consulting de que la experiencia en la industria es clave para ofrecer un alto valor al cliente. Se espera que la experiencia de Wray en inversiones de crecimiento, capital de riesgo corporativo y desinversiones a gran escala acelere los esfuerzos de la firma en la construcción de prácticas industriales que colaboren con los clientes en todas las dimensiones de la creación de valor.
FTI Consulting (NYSE: FCN)는 Jeff Wray를 기업 금융 및 구조조정 부문에서 수석 전무이사 및 산업 성장 및 전략 리더로 임명했습니다. Wray는 회사의 전략 컨설팅 실인 FTI Delta 내에서 새로운 소비자 및 소매 산업 관행을 이끌게 됩니다. 20년 이상의 경력을 가진 Wray는 EY-Parthenon에서 글로벌 리더로 재직하였습니다.
소비자 및 소매 관행의 출범은 FTI Delta 설립 약 1년 후에 이루어져 통신, 미디어 및 기술 및 공공 부문 실천과 함께 존재 하는 추가 항목입니다. Wray의 역할은 전략, 전환 및 거래 기능 전반에 걸쳐 산업 팀을 구축하고 고객을 위한 종합 컨설팅 솔루션을 만드는 것입니다.
이러한 조치는 FTI Consulting이 산업 전문성을 고객에게 높은 가치를 제공하는 핵심으로 믿고 있다는 것을 반영합니다. Wray의 성장 투자, 기업 벤처 캐피탈 및 대규모 매각에 대한 경험은 고객과 함께 가치 창출의 모든 차원에서 협력하는 산업 관행을 구축하는 firm's의 노력을 가속화할 것으로 기대됩니다.
FTI Consulting (NYSE: FCN) a nommé Jeff Wray en tant que Directeur Général Senior et Leader de la Croissance et de la Stratégie de l'Industrie au sein du segment Finances d'Entreprise et Restructuration. Wray dirigera la nouvelle pratique de l'industrie Consommation et Distribution au sein de FTI Delta, le cabinet de conseil en stratégie de l'entreprise. Fort de plus de 20 ans d'expérience, Wray rejoint la société après avoir été Leader Mondial chez EY-Parthenon.
Le lancement de la pratique Consommation et Distribution intervient presque un an après la création de FTI Delta, s'ajoutant à ses pratiques existantes en Télécommunications, Médias & Technologie et Secteur Public. Le rôle de Wray consiste à construire des équipes industrielles autour de la stratégie, de la transformation et des capacités de transactions, créant ainsi des solutions de conseil de bout en bout pour les clients.
Cette initiative s'aligne avec la conviction d’FTI Consulting selon laquelle l'expertise sectorielle est essentielle pour fournir une grande valeur ajoutée aux clients. L'expérience de Wray dans les investissements en croissance, le capital-risque d'entreprise et les désinvestissements de grande envergure devrait accélérer les efforts de la société pour établir des pratiques sectorielles qui travaillent en partenariat avec les clients sur toutes les dimensions de la création de valeur.
FTI Consulting (NYSE: FCN) hat Jeff Wray zum Senior Managing Director und Industrie-Wachstums- und Strategie-Leiter im Bereich Unternehmensfinanzierung und Restrukturierung ernannt. Wray wird die neue Praxis für die Verbraucher- und Einzelhandelsbranche innerhalb von FTI Delta, der Strategieberatung der Firma, leiten. Mit über 20 Jahren Erfahrung kommt Wray von EY-Parthenon, wo er Global Leader war.
Die Einführung der Verbraucher- und Einzelhandels-Praxis erfolgt fast ein Jahr nach der Gründung von FTI Delta und ergänzt die bestehenden Praxen in Telekommunikation, Medien & Technologie sowie im öffentlichen Sektor. In Rays Rolle geht es darum, branchenspezifische Teams in den Bereichen Strategie, Transformation und Transaktionsfähigkeiten aufzubauen und umfassende Beratungslösungen für Kunden zu entwickeln.
Dieser Schritt steht im Einklang mit dem Glauben von FTI Consulting, dass Branchenexpertise entscheidend ist, um einen hohen Kundenwert zu liefern. Rays Erfahrung in Wachstumsinvestitionen, Unternehmensrisikokapital und großangelegten Veräußerungen wird voraussichtlich die Bemühungen der Firma zur Schaffung von Branchenpraktiken beschleunigen, die mit Kunden in allen Dimensionen der Wertschöpfung zusammenarbeiten.
- Appointment of experienced industry leader Jeff Wray to senior role
- Launch of new Consumer & Retail industry practice within FTI Delta
- Expansion of FTI Consulting's industry-specific offerings
- Addition of expertise in growth investments, corporate venture capital, and large-scale divestitures
- None.
Insights
The appointment of Jeff Wray as Senior Managing Director at FTI Consulting signals a strategic move to strengthen the company's industry expertise, particularly in the Consumer & Retail sector. This addition could enhance FTI's competitive position in the consulting market. However, the immediate financial impact is likely , as building new practices takes time to generate significant revenue. The focus on end-to-end consulting solutions aligns with industry trends towards comprehensive service offerings, which could positively influence long-term growth prospects. Investors should monitor how this new practice contributes to FTI's revenue diversification and client acquisition in the coming quarters.
While the addition of a high-profile executive like Jeff Wray is noteworthy, it's unlikely to have an immediate material impact on FTI Consulting's financial performance. The company's stock (NYSE: FCN) may see minimal short-term movement from this news. However, the long-term strategy of expanding industry-specific practices could potentially lead to increased revenue streams and market share. Investors should focus on future earnings reports to gauge the success of this expansion, particularly looking at growth rates in the Corporate Finance & Restructuring segment and any mention of new client acquisitions in the Consumer & Retail sector. The financial implications of this move will likely unfold over several quarters to years.
WASHINGTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jeff Wray as a Senior Managing Director and Industry Growth and Strategy Leader within the Corporate Finance & Restructuring segment. Mr. Wray will focus on building industry teams across the firm’s strategy, transformation and transactions capabilities and will lead the new Consumer & Retail industry practice within FTI Delta, the strategy consulting practice of FTI Consulting.
Mr. Wray, who is based in Philadelphia and New York, brings more than 20 years of strategy and consulting experience to his new role, including expertise in personal care, consumer electronics, apparel and retail. He joins FTI Delta from EY-Parthenon, where he served as Global EY-Parthenon Leader.
At FTI Delta, Mr. Wray will work closely with teams across FTI Consulting’s Strategy, Transactions and Transformation businesses to create end-to-end consulting solutions that deliver tangible value to clients, from strategy definition to execution.
“FTI Delta is differentiated by our strategy consulting toolkit, deep financial acumen, first-hand industry expertise and unrelenting commitment to roll up our sleeves alongside our clients to help them navigate their most complex challenges and take advantage of market opportunities,” said Luke Schaeffer, Global Co-Leader of FTI Delta. “Jeff delivers in every dimension of this value proposition. He is an insightful leader who has a proven record building high-performing teams, executing at scale and delivering meaningful results for his clients. I am confident he is the right leader to help us launch our third industry practice within FTI Delta and build our industry expertise more broadly.”
The launch of the Consumer & Retail industry practice comes nearly one year after the launch of FTI Delta, a global, industry-specialized strategy consulting practice, and adds to FTI Delta’s existing Telecommunications, Media & Technology and Public Sector industry practices. The Consumer & Retail industry practice within FTI Delta will expand on FTI Consulting’s longstanding retail operational turnaround and transactions expertise.
Carlyn Taylor, Chief Growth Officer of FTI Consulting, added, “At FTI Consulting, we firmly believe that industry expertise is key to delivering the highest value for our clients. Jeff believes the same and has built industry practices at scale before coming to FTI Consulting. His proven expertise will accelerate our efforts to build industry practices that partner with clients across every dimension of value creation and deliver exceptional results.”
In addition to his extensive experience in Consumer & Retail, Mr. Wray brings significant transactions expertise, including growth investments, corporate venture capital and large-scale divestitures and merger integration. He has advised clients across North America, China, South America and Western Europe. Prior to joining EY-Parthenon, Mr. Wray served as Partner and Managing Director at The Boston Consulting Group, and before that as Principal at A.T. Kearney.
“Helping clients adapt their business strategies, operations and offerings to meet a continuously evolving and diverse range of business situations has long been a passion of mine,” Mr. Wray said. “As I became more familiar with the FTI Consulting and FTI Delta platforms and culture, I grew confident that this is a place where I could build something that’s truly unique in the space alongside some of the best minds in the business. I am energized by the opportunity to scale the industry offerings that FTI Consulting and FTI Delta deliver for our clients, starting with the Consumer and Retail team. I know we will create tremendous value for them, from strategy through execution.”
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 8,000 employees located in 33 countries and territories, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated
About FTI Delta
FTI Delta is a global, industry-specialized strategy consulting practice delivering end-to-end transformation. Our unrivaled team of experts offers a wide range of services that create value throughout the entire strategy-to-execution journey, serving top-tier corporations, private investors, mid-market companies and government authorities. FTI Delta is part of FTI Consulting, Inc. (NYSE: FCN), a leading global advisory firm. For more information, please visit www.ftidelta.com.
FTI Consulting, Inc.
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Investor Contact:
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mollie.hawkes@fticonsulting.com
Media Contact:
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