FTI Consulting Adds Senior Restructuring and Performance Improvement Specialist

Rhea-AI Summary

FTI Consulting (NYSE: FCN) has announced the appointment of Kevin Barrentine as Senior Managing Director within its Corporate Finance & Restructuring segment. Based in Atlanta, Barrentine brings over 30 years of experience in restructuring and performance improvement. He has extensive expertise in managing distressed businesses across various industries. His addition is part of FTI's ongoing investment in this practice amid significant client challenges. The firm previously appointed Matt Callaghan and Kieran Douglas to bolster its leadership in restructuring and insolvency.

Positive

• Appointment of Kevin Barrentine as Senior Managing Director, enhancing leadership in restructuring.
• Barrentine's extensive experience will assist clients facing significant challenges in distressed situations.
• FTI Consulting continues to invest in its Corporate Finance & Restructuring segment.

Negative

• None.

WASHINGTON, June 23, 2020 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the continued investment in its Turnaround & Restructuring practice within the Corporate Finance & Restructuring segment with the appointment of Kevin Barrentine as a Senior Managing Director.

Mr. Barrentine, who will be based in Atlanta, brings more than 30 years of experience in restructuring and performance improvement for underperforming or distressed businesses. He works with senior management, boards of directors, sponsors and senior lenders in out-of-court restructurings and in formal bankruptcy proceedings across industries in manufacturing and distribution, as well as consumer products, industrial products, food, agriculture, automotive and building products.

“Kevin brings a mix of expertise that will help clients navigate restructurings and assist those that may be in stress and underperforming,” said Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting. “We are excited to add a dynamic expert such as Kevin to our team in a time when, in many cases, our clients are facing their most significant and critical challenges.”

Mr. Barrentine has held various roles for both restructuring and performance improvement clients. He has served as chief restructuring officer for leading industrial companies and as financial advisor to debtors and senior lenders. He also has advised on numerous engagements for operational diligence and post-close transformation, primarily in the distressed M&A segment.

Prior to FTI Consulting, Mr. Barrentine was a Senior Managing Director at Conway MacKenzie. He previously served as a Managing Director in the restructuring practice at Deloitte.

“The size, scale and scope of FTI Consulting’s capabilities and the collaborative culture helps the client arrive at a better answer,” Mr. Barrentine said. “I look forward to working with a team backed by the global reach of FTI Consulting to have an impact on behalf of our clients.”

Mr. Barrentine’s appointment continues the firm’s investment in the Corporate Finance & Restructuring segment. In early June, FTI Consulting announced the appointment of Matt Callaghan as a Senior Managing Director in London, where he leads the firm’s UK mid-market and insolvency offering. In May, FTI Consulting announced the appointment of Kieran Douglas as a Managing Director in London, where he focuses on distressed situations in the oil and gas sector.

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 5,500 employees located in 27 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.35 billion in revenues during fiscal year 2019. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com

FAQ

Who is Kevin Barrentine and what is his role at FTI Consulting?

Kevin Barrentine is appointed as Senior Managing Director in FTI Consulting's Corporate Finance & Restructuring segment, focusing on restructuring and performance improvement for distressed businesses.

What industries does Kevin Barrentine have experience in?

Kevin Barrentine has experience across multiple industries, including manufacturing, distribution, consumer products, industrial products, food, agriculture, automotive, and building products.

What is the recent investment by FTI Consulting in its restructuring practice?

FTI Consulting's recent investment includes appointing Kevin Barrentine, along with other senior directors, to strengthen its Corporate Finance & Restructuring segment.

When was Kevin Barrentine appointed at FTI Consulting?

Kevin Barrentine was appointed as Senior Managing Director on June 23, 2020.

What financial results did FTI Consulting report for fiscal year 2019?

FTI Consulting generated $2.35 billion in revenues during the fiscal year 2019.