FTI Consulting Enhances Senior Lender Offering in Houston with the Appointment of Dave Katz as Senior Managing Director

Rhea-AI Summary

FTI Consulting announced the appointment of Dave Katz as a Senior Managing Director in the Corporate Finance & Restructuring segment, enhancing its Senior Lender Advisory practice. Katz, based in Houston, brings over 20 years of experience in complex restructurings and transactions, particularly in the energy sector. His expertise includes restructuring, performance improvement, and capital markets execution. Katz previously served as Managing Director at JPMorgan Chase, focusing on North American risk coverage across various industries.

Positive

• Appointment of Dave Katz expected to strengthen Senior Lender Advisory practice.
• Katz brings over 20 years of relevant experience in restructuring and transactions.
• His expertise aligns with the realigning focus of lenders on energy and renewables.

Negative

• Potential concerns regarding continuity and experience gaps within the restructuring segment.

WASHINGTON, Jan. 11, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Dave Katz as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment, further enhancing the firm’s Senior Lender Advisory practice.

Mr. Katz, who will be based in Houston, brings over 20 years of experience having negotiated, structured and managed numerous ground-breaking, complex restructurings, transactions and amendments. His appointment comes as lenders realign their focus on energy and renewables and companies reassess how to best position themselves in ever more challenging markets.

“Dave brings a unique skillset to the lender advisory business, which we can leverage across multiple practices within the segment,” said Sanjeev Khemlani, a Senior Managing Director and Leader of the Senior Lender Advisory practice within the Corporate Finance & Restructuring segment at FTI Consulting. “Actively working alongside Dave on restructuring transactions makes me highly confident that he will aptly advise our clients as they continue to navigate complications of the pandemic and other market forces.”

Mr. Katz’s areas of expertise include restructuring and turnaround, performance improvement, liability management, capital markets execution, market analysis, valuation, regulatory compliance, revenue enhancement and cost analysis. He has worked with a wide range of businesses and their stakeholders, including financial institutions, institutional investors, hedge funds, unsecured creditors and corporates of all sizes.

Prior to FTI Consulting, Mr. Katz was a Managing Director at JPMorgan Chase, where he led the firm’s North American Risk coverage of oil and gas, metals and mining, utilities, diversified industries (including autos), chemicals, and paper and packaging. From 2006 to 2014, he was a high yield research analyst at JPMorgan Chase in New York covering the metals and mining and utilities sectors, achieving multiple No. 1 rankings from Institutional Investor. Prior to that, he worked in real estate finance for Ernst & Young in London.

Commenting on his appointment, Mr. Katz said, “The energy industry is undergoing a significant amount of change. I am excited for the opportunity to work across disciplines, leveraging my knowledge in managing complex deals and relationships. I believe this experience, along with my strong restructuring expertise, will add to FTI Consulting’s depth of talent in the Houston area.”

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 6,200 employees located in 28 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.

FTI Consulting, Inc.
555 12^th Street NW
Washington, DC 20004
+1.202.312.9100

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 Dave Katz and what is his role at FCN?

Dave Katz has been appointed as a Senior Managing Director in FTI Consulting's Corporate Finance & Restructuring segment, enhancing the firm's advisory services.

What experience does Dave Katz bring to FTI Consulting?

Katz brings over 20 years of experience in negotiating and managing complex restructurings and transactions, particularly in the energy sector.

What impact will Katz's appointment have on FTI Consulting?

His appointment is expected to strengthen the Senior Lender Advisory practice and improve the firm's capabilities in addressing the challenges posed by the pandemic and market shifts.

Why is FTI Consulting focusing on the energy sector?

The firm is aligning its focus on energy and renewables as lenders are reassessing strategies in response to market changes.