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FTI Consulting, Inc. (NYSE: FCN) is a leading global business advisory firm committed to helping organizations manage change, mitigate risk, and resolve disputes. Headquartered in Washington, D.C., FTI Consulting operates with more than 8,000 professionals in 31 countries, delivering expert services across various domains.
The firm segments its operations into five critical areas:
- Corporate Finance and Restructuring: Specializes in business transformation, strategy, and restructuring services, providing solutions for optimal financial performance.
- Forensic and Litigation Consulting: Offers expertise in investigations, dispute resolution, and forensic accounting to support clients facing legal complexities.
- Economic Consulting: Delivers strategic consulting on economic issues, antitrust matters, and financial economics, aiding clients in navigating complex regulatory environments.
- Technology: Focuses on M&A-related services, litigation support, and leveraging digital tools to streamline business processes and enhance decision-making.
- Strategic Communications: Provides services in public affairs, corporate reputation management, and communication strategies to mitigate risks and strengthen client relations.
FTI Consulting serves a diverse clientele, including sectors like construction, energy, environmental, healthcare, insurance, real estate, retail, telecom, media, and technology. The majority of its revenue is generated within the United States, with the Corporate Finance segment being the largest contributor.
In recent developments, FTI Consulting has expanded its global aviation offering with the appointment of Frank Martin, enhancing their capability to navigate aviation sector challenges. The firm also focuses on digital transformation, highlighted by the appointment of Shubho Ghosh to bolster their Business Transformation practice, aiding clients in developing and implementing digital strategies for revenue growth and operational efficiency.
Financially, FTI Consulting reported a revenue increase to $3.49 billion for the year 2023, reflecting a 15.2% rise from the previous year, attributed to higher demand across all segments. The firm maintains a robust financial position with net income of $274.9 million and a steady cash flow, underpinned by strategic investments in talent and digital transformation initiatives.
FTI Consulting's commitment to delivering value extends to its private equity services, led by Jiva J. Jagtap, focusing on value creation and post-transaction strategies. The firm is also proactive in cybersecurity, addressing communication gaps between CISOs and the C-suite to enhance organizational resilience against evolving cyber threats.
For more information, visit www.fticonsulting.com or contact their investor relations team.
FTI Consulting's Technology segment has formed a teaming agreement with iManage to enhance its Corporate Legal Operations practice. The alliance aims to provide cloud-based solutions for legal department and law firm knowledge work challenges. Through this collaboration, FTI Technology will help clients implement knowledge management and collaboration workflows to improve operational efficiency.
The partnership comes as legal departments expect increased use of technology platforms supporting automation and knowledge management. iManage's platform enables legal teams to manage high-value content more efficiently and securely. FTI Technology will leverage its expertise in legal department digital transformation to help clients with technology assessment, implementation, and adoption of iManage solutions.
FTI Consulting (NYSE: FCN) has announced it will release its fourth quarter and full year 2024 financial results before the New York market opens on Thursday, February 20, 2025. The company will host a conference call with senior management at 9:00 a.m. Eastern Time on the same day to discuss the results. The conference call will be available via live webcast on the company's investor relations website, with a replay accessible for 90 days afterward.
FTI Consulting (NYSE: FCN) announced the appointment of Giuseppe Farinacci as Senior Managing Director in their Business Transformation practice in Milan. With 27 years of consulting experience, Farinacci will focus on providing strategic advice for financial and operational turnaround strategies.
The appointment strengthens FCN's Corporate Finance & Restructuring segment in Italy, responding to growing client demand for transformation expertise. Farinacci brings extensive experience in turnaround management and restructuring projects across various industries including retail, aerospace, energy, and business services, with a global perspective covering Europe and the United States.
Prior to joining FTI Consulting, Farinacci served as Partner and Director at BCG in Milan, and previously worked at AlixPartners in Milan and London, and Arthur Andersen in London. This appointment follows the recent addition of financial restructuring expert Enrico Valdata as Managing Director in Italy in December 2024.
FTI Consulting's 2025 Global CFO Report reveals that 72% of CFOs expect revenue growth of 10% or more in the next 12 months. The survey, covering 655 senior finance executives globally, shows 77% of CFOs from companies with revenues over $5 billion remain highly optimistic, while mid-market firms show decreased optimism with 67.5% predicting double-digit growth, down from 76% in 2024.
Key findings include: cybersecurity ranking among top strategic priorities, with 75% of North American CFOs citing cyber attacks as a major challenge; an 11% increase in finance function outsourcing; changing CFO tenure patterns; and 87% of CFOs planning to implement AI tools within 12 months. The report also highlights that 85% of CFOs identify forecasting accuracy as a primary area for improvement.
FTI Consulting's Healthcare & Life Sciences Industry Outlook 2025 reveals renewed optimism in the sector, with 79% of leaders feeling positive about the industry's financial outlook, an 11% increase from last year. The survey indicates strong growth potential, with 66% of leaders expecting higher M&A activity and 40% anticipating improved capital raising capabilities.
Key investment areas include obesity treatments, immuno-oncology, gene editing, and AI-powered drug discovery. The survey identifies major challenges: economic uncertainty (38%), cybersecurity (23%), and political uncertainty (22%). In response to increasing cybersecurity threats, 68% of organizations have implemented crisis communications plans, and 53% have conducted crisis simulations.
Regarding the U.S. political landscape, nearly 60% of respondents believed a second Trump administration would positively impact their business, with expectations of reduced federal regulations and a more favorable deal-making environment.
FTI Consulting (NYSE: FCN) has expanded its global Construction, Projects & Assets practice with the addition of two Senior Managing Directors, Paul Hirst in London and Jorge Martínez Seara in Madrid. Both bring extensive experience in capital project management and infrastructure development.
Hirst, a Chartered Civil Engineer with 25 years of experience, specializes in capital projects across transport, power, utilities, and defense sectors. Martínez Seara brings over 25 years of international experience in CapEx and OpEx programs across renewable energy, power, utilities, and infrastructure industries.
These appointments are part of FCN's strategic expansion of its global Construction, Projects & Assets practice, following several other senior appointments made in 2024 across Singapore, United States, Colombia, UK, UAE, and Sweden.
FTI Consulting (NYSE: FCN) has strengthened its Food, Agriculture & Beverage practice with two key appointments. Polly Ruhland joins as Senior Managing Director, bringing over 25 years of leadership experience, including CEO roles at United Soybean Board and Cattlemen's Beef Promotion & Research Board. Cassandra Oliveira joins as Managing Director, bringing expertise in agricultural inputs and equipment from her previous role at John Deere.
Ruhland will focus on advising clients on supply chain resilience, efficiency, and sustainability strategies, while Oliveira will assist with M&A commercial diligence, organic growth initiatives, and commercial transformations. These appointments follow the recent additions of Nathan Ramsey and Brandon Banner, expanding the practice's business transformation capabilities.
FTI Consulting (NYSE: FCN) has strengthened its Strategic Communications segment by appointing David Duschene and Tim Peters as Senior Managing Directors in Chicago. Duschene joins with 30 years of strategic communications experience and will serve on the Public Affairs team, while Peters brings over 25 years of experience to the Corporate Reputation team. Both executives previously worked as partners at boutique advisory firms and held leadership positions at Golin. The appointments enhance FTI's capabilities in helping organizations navigate complex reputational, social, commercial, regulatory, and political challenges in the Midwest region.
FTI Consulting (NYSE: FCN) has appointed Susanne Arndt as Senior Managing Director within its Strategic Communications segment in Düsseldorf. Arndt brings over 25 years of experience in strategic communications, specializing in complex change situations including restructurings and transformations. She joins from H/Advisors Deekeling & Arndt, where she was Managing Partner. The appointment aims to strengthen FTI's communications and change offering within the People & Transformation practice, particularly focusing on the DACH region. Arndt's expertise spans various sectors, with emphasis on financial services and automotive industries.
FTI Consulting (NYSE: FCN) has strengthened its Financial Services practice by appointing Caitlin Holmes and Mark Sexton as Senior Managing Directors in the Forensic and Litigation Consulting segment. Holmes, based in Los Angeles, brings over 20 years of experience in financial management and compliance. Sexton, based in New York, contributes 30 years of financial services expertise. Both will enhance the firm's risk management and regulatory compliance services. This expansion follows the recent appointment of Beji Varghese and aims to support financial institutions through all business cycle stages.