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FTI Consulting Expands Global Construction, Projects & Assets Practice with Two Senior Hires

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FTI Consulting (NYSE: FCN) has expanded its global Construction, Projects & Assets practice with two senior hires. Thomas Thompson joins as Senior Managing Director in Houston, bringing over 30 years of experience in construction and engineering. Stuart McIvor joins as Managing Director in Dubai, with nearly two decades of expertise in forensic delay analysis and dispute resolution.

These appointments strengthen FTI Consulting's capabilities in managing project-related risks, defining execution strategies, and resolving challenges throughout the delivery lifecycle. The expansion reflects the firm's commitment to addressing evolving risks and increasing pressure in the construction industry, providing clients with deep, on-the-ground expertise globally.

FTI Consulting (NYSE: FCN) ha ampliato la sua pratica globale di Costruzione, Progetti e Attività con due assunzioni senior. Thomas Thompson si unisce come Direttore Generale Senior a Houston, portando con sé oltre 30 anni di esperienza nel settore delle costruzioni e dell'ingegneria. Stuart McIvor si unisce come Direttore Generale a Dubai, con quasi due decenni di esperienza nell'analisi delle ritardi forensi e nella risoluzione delle controversie.

Queste nomine rafforzano le capacità di FTI Consulting nella gestione dei rischi legati ai progetti, nella definizione delle strategie di esecuzione e nella risoluzione delle sfide durante l'intero ciclo di consegna. L'espansione riflette l'impegno dell'azienda nell'affrontare i rischi in evoluzione e le crescenti pressioni nel settore delle costruzioni, fornendo ai clienti una profonda esperienza pratica a livello globale.

FTI Consulting (NYSE: FCN) ha expandido su práctica global en Construcción, Proyectos y Activos con dos contrataciones senior. Thomas Thompson se une como Director General Senior en Houston, aportando más de 30 años de experiencia en construcción e ingeniería. Stuart McIvor se une como Director General en Dubái, con casi dos décadas de experiencia en análisis de retrasos forenses y resolución de disputas.

Estos nombramientos fortalecen las capacidades de FTI Consulting en la gestión de riesgos relacionados con proyectos, en la definición de estrategias de ejecución y en la resolución de desafíos a lo largo del ciclo de entrega. La expansión refleja el compromiso de la firma para afrontar riesgos en evolución y la creciente presión en la industria de la construcción, brindando a los clientes una profunda experiencia práctica a nivel mundial.

FTI Consulting (NYSE: FCN)는 두 명의 고위 임원 영입으로 글로벌 건설, 프로젝트 및 자산 실무를 확장했습니다. Thomas Thompson은 휴스턴에서 선임 부사장으로 합류하며, 30년 이상의 건설 및 엔지니어링 경험을 가지고 있습니다. Stuart McIvor는 두바이에서 전무이사로 합류하며, 포렌식 지연 분석 및 분쟁 해결 분야에서 거의 20년의 전문성을 보유하고 있습니다.

이러한 임명은 프로젝트 관련 위험 관리, 실행 전략 정의 및 배달 전반에 걸친 도전 과제 해결에서 FTI Consulting의 역량을 강화합니다. 이번 확장은 진화하는 위험과 건설 산업의 증가하는 압박에 대응하기 위한 회사의 의지를 반영하며, 전 세계적으로 고객에게 깊이 있는 실무 경험을 제공합니다.

FTI Consulting (NYSE: FCN) a élargi sa pratique mondiale en Construction, Projets et Actifs avec deux recrutements de haut niveau. Thomas Thompson rejoint en tant que Directeur Général Senior à Houston, apportant plus de 30 ans d'expérience dans le domaine de la construction et de l'ingénierie. Stuart McIvor rejoint en tant que Directeur Général à Dubaï, avec près de deux décennies d'expertise en analyse des retards judiciaires et en résolution de litiges.

Ces nominations renforcent les capacités de FTI Consulting à gérer les risques liés aux projets, à définir des stratégies d'exécution et à résoudre les défis tout au long du cycle de livraison. Cette expansion reflète l'engagement de l'entreprise à répondre aux risques évolutifs et à la pression croissante dans l'industrie de la construction, en fournissant aux clients une expertise pratique approfondie à l'échelle mondiale.

FTI Consulting (NYSE: FCN) hat seine globale Praxis in Bau, Projekten und Vermögenswerten mit zwei hochrangigen Einstellungen erweitert. Thomas Thompson tritt als Senior Managing Director in Houston bei und bringt über 30 Jahre Erfahrung in Bau und Ingenieurwesen mit. Stuart McIvor wird Managing Director in Dubai und verfügt über fast zwei Jahrzehnte Erfahrung in forensischer Verzögerungsanalyse und Streitbeilegung.

Diese Ernennungen stärken die Fähigkeiten von FTI Consulting im Management von projektrelevanten Risiken, der Definition von Ausführungsstrategien und der Lösung von Herausforderungen über den gesamten Lieferzyklus hinweg. Die Erweiterung spiegelt das Engagement des Unternehmens wider, sich ändernden Risiken und dem zunehmenden Druck in der Bauindustrie zu begegnen, und bietet den Kunden umfassende, praktische Expertise auf globaler Ebene.

Positive
  • Expansion of global Construction, Projects & Assets practice with experienced senior hires
  • Enhanced capabilities in project risk management and dispute resolution
  • Strengthened global presence in key markets (Houston and Dubai)
Negative
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WASHINGTON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its global Construction, Projects & Assets practice with the appointments of Thomas Thompson as a Senior Managing Director in Houston and Stuart McIvor as a Managing Director in Dubai.

Mr. Thompson has more than three decades of experience in the construction and engineering industries, executing large-scale projects and programs globally. His experience includes project management advisory, operational cost estimating, program scheduling, contract negotiations and execution planning. In his role at FTI Consulting, he will help organizations manage project-related risks, define execution strategies, create project recovery plans and resolve challenges that arise throughout the delivery lifecycle, including expert testimony in formal dispute resolution.

“We are committed to building a global team of experts to drive value for our clients across all aspects of the construction industry, as the sector faces evolving risks and increasing pressure to boost profit,” said Garrett Fultz, Global Leader of the Construction, Projects & Assets practice within the Forensic and Litigation Consulting segment at FTI Consulting. “The experience that Tom and Stuart bring to our practice is a reflection of the investment we’ve been making to provide our clients with deep, on-the-ground expertise wherever they do business.”

Prior to joining FTI Consulting, Mr. Thompson was a Managing Director at Ankura, where he focused on contract and risk management, analysis and controls. He has extensive experience in major refining, liquefied natural gas, infrastructure, chemical, and onshore and offshore oil and gas projects.

Commenting on his appointment, Mr. Thompson said, “The environment for construction projects is growing increasingly complex around the world, and businesses need tailored solutions to fit their unique goals. I look forward to joining my colleagues at FTI Consulting to bring data-driven solutions to address our clients’ most critical challenges.”

Mr. McIvor has nearly two decades of experience providing expert services in the construction and engineering industries, specializing in forensic delay analysis, dispute resolution, claims management and planning services on major projects across the UK, Europe, Middle East and Asia-Pacific regions. He has served as an expert witness and delivered testimony under cross-examination, providing objective conclusions relied upon during arbitration.

At FTI Consulting, Mr. McIvor will support clients with expert testimony and assist them with navigating construction and engineering delays, program preparation and time and risk assessments. Prior to joining the firm, Mr. McIvor was a Director and the Head of Delay in the Middle East for Capital Consulting International.

“Our clients are fielding a growing number of construction-related disputes and facing uncertainty as they work to deliver large-scale projects,” said Joe Slavis, a Senior Managing Director and Head of North America Construction, Projects & Assets at FTI Consulting. “The addition of Tom and Stuart strengthens the breadth of capabilities we provide to ensure our clients have support throughout the asset lifecycle.”

The appointments of Mr. Thompson and Mr. McIvor are the latest in the expansion of FTI Consulting’s global Construction, Projects & Assets practice, including the recent hirings of Senior Managing Director Greg Parker and Managing Director Alex McBride in the United States, Managing Director John Wright in Bogotá, Colombia, Managing Directors Matt Hanson and James Sitter in the United Kingdom, and the launch of the Construction, Projects & Assets practice in Sweden with the arrival of Managing Director Kaj Möller.

About the Construction, Projects & Assets practice
Construction projects, the resulting assets and their operation are inherently complex and prone to risk. At the same time, digital transformation, increased regulatory requirements, supply chain disruptions and skilled labor shortages have left companies under increasing pressure to maximize profitability. Through first-hand experience and industry knowledge, FTI Consulting’s internationally recognized experts support clients across the asset lifecycle, providing a wide array of advisory services to address the technical, commercial and legal challenges facing today's built environment.

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 $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. More information can be found at www.fticonsulting.com.

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

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

Media Contact:
Samantha Ford
+1.617.480.7402
samantha.ford@fticonsulting.com


FAQ

Who are the new senior hires at FTI Consulting's Construction, Projects & Assets practice?

FTI Consulting (FCN) has hired Thomas Thompson as Senior Managing Director in Houston and Stuart McIvor as Managing Director in Dubai for its Construction, Projects & Assets practice.

What experience does Thomas Thompson bring to FTI Consulting (FCN)?

Thomas Thompson brings over 30 years of experience in the construction and engineering industries, specializing in project management advisory, operational cost estimating, program scheduling, and contract negotiations.

What is Stuart McIvor's expertise in his new role at FTI Consulting (FCN)?

Stuart McIvor has nearly two decades of experience in forensic delay analysis, dispute resolution, claims management, and planning services for major projects across various regions, including expertise as an expert witness.

How does this expansion align with FTI Consulting's (FCN) strategy?

The expansion aligns with FTI Consulting's commitment to building a global team of experts to address evolving risks and increasing pressure in the construction industry, providing clients with deep, on-the-ground expertise worldwide.

FTI Consulting, Inc.

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