FTI Consulting Expands Economic Consulting Segment with the Appointment of Two Senior Managing Directors in Germany

Rhea-AI Summary

FTI Consulting (NYSE: FCN) has appointed Heiko Ziehms and Dr. Ekaterina Lohwasser as Senior Managing Directors to spearhead growth in the Economic Consulting segment in Germany. Ziehms brings over 20 years of experience in quantification of damages and forensic accounting, while Lohwasser has 18 years of expertise in the German market, specializing in valuation issues. Their appointments aim to enhance expert witness services amid increasing demand in international arbitration and litigation.

Positive

• Appointment of Heiko Ziehms and Dr. Ekaterina Lohwasser as Senior Managing Directors is expected to strengthen expert witness services.
• They bring extensive experience in valuation and damages, potentially driving growth in the German market.
• Focus on international arbitration and litigation aligns with the firm's strategic growth areas.

Negative

• None.

LONDON, July 02, 2020 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Heiko Ziehms and Dr Ekaterina Lohwasser as Senior Managing Directors to lead the firm’s growth in the Economic Consulting segment in Germany.

Mr Ziehms lives in London and will divide his time between London and the FTI Consulting office in Frankfurt. Dr Lohwasser will be based in Munich. At FTI Consulting, they will focus on expert witness services such as quantification of damages, complex valuations or accounting issues in the context of international arbitration and litigation proceedings, with an emphasis on the German market.

Mr Ziehms joins FTI Consulting with over 20 years’ experience in expert work focused on the quantification of damages and forensic accounting in complex commercial disputes, as well as transaction advisory services. This includes breach of contract, M&A, joint venture, infrastructure, and insolvency-related matters. He has worked on matters in ICC, ICSID, DIS, LCIA, Swiss rules, and SIAC arbitration forums, ad hoc arbitrations and the courts.

Mr Ziehms has worked on some of the most high-profile corporate disputes in Europe, with values up to several billion euros, and is experienced in giving oral expert testimony. He also provides transaction advisory services and advises on completion mechanisms. He has advised on several hundred transactions, including landmark deals.  

Dr Lohwasser joins FTI Consulting with 18 years’ experience in the German market. She is regularly appointed as an expert to assess damages and complex valuation issues, especially in international arbitration proceedings (ICC, DIS, LCIA, SCC, UNCITRAL, ad hoc) and has testified as an independent valuation expert in German court proceedings.

Dr Lohwasser has led numerous cross-border contentious projects with regard to the assessment of damages arising predominantly from breaches of sale and purchase agreements, investment treaty claims, commercial contracts, joint venture and shareholder agreements in matters with claims amounting to several billion euros.

“We continue to grow our practice and strengthen it with key appointments,” said Mark Bezant, a Senior Managing Director and Head of EMEA and APAC Economic & Financial Consulting at FTI Consulting. “Heiko and Ekaterina have extensive experience working as valuation and damages experts, and they will be continuing to help expand our remit in Germany and German-speaking markets in Europe given the scale of the region’s economic and commercial activity. We are delighted that they have joined our practice.”

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations 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.

FTI Consulting, Inc.
200 Aldersgate
Aldersgate Street
London EC1A 4HD

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

Media Contact:                                              
Sarbjit Samra
+44 (0) 20 3727 1481
sarbjit.samra@fticonsulting.com 

FAQ

Who are the new Senior Managing Directors at FTI Consulting?

Heiko Ziehms and Dr. Ekaterina Lohwasser have been appointed as Senior Managing Directors at FTI Consulting.

What is the focus of the new appointments at FTI Consulting?

The focus is on enhancing expert witness services in the Economic Consulting segment in Germany.

What experience do Heiko Ziehms and Dr. Ekaterina Lohwasser bring to FTI Consulting?

Ziehms has over 20 years in quantification of damages and forensic accounting, while Lohwasser brings 18 years in assessing damages and valuation issues in the German market.

How will the new appointments impact FTI Consulting's operations in Germany?

Their appointments are expected to expand FTI Consulting's capabilities in international arbitration and litigation, particularly in the German market.