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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 announces the appointment of Cedric Burgher as Senior Managing Director in its Transactions practice, enhancing expertise in the Corporate Finance & Restructuring segment. With over 30 years of experience, including leading significant transactions at Occidental Petroleum, Burgher brings valuable insight into the energy sector. This hiring marks a continued investment in FTI’s transactions expertise following recent hires aimed at navigating complex challenges in the market.
FTI Consulting has appointed Guy Davis as Senior Managing Director and JP Eldred as Managing Director in the Corporate Finance & Restructuring segment. Both will lead a team advising companies on restructuring processes, including bankruptcy planning and litigation support. Their extensive experience in distressed situations and local knowledge of the Richmond market will enhance FTI's capabilities. The firm aims to bolster its restructuring services to navigate increasing complexities in client engagements.
FTI Consulting, Inc. (NYSE: FCN) has appointed Avigyan (Avi) Das as Senior Managing Director in its Technology segment. With over 15 years of experience in digital forensics, risk management, and compliance, Das rejoined FTI to enhance its offerings in India. His prior roles include significant contributions in data analytics and e-discovery at various consulting firms. Nick Athanasi, Senior Managing Director, emphasized Das's expertise in navigating complex tech challenges, aiming to bolster FTI's Information Governance and data management services.
FTI Consulting (NYSE: FCN) achieved significant recognition at the annual Who’s Who Legal awards, winning firm of the year in seven categories, including Arbitration Expert Firm of the Year and Consulting Firm of the Year. This marks the 12th consecutive year at the top of the Arbitration: Expert Witnesses list. Notably, Compass Lexecon was awarded Competition Economics Firm of the Year. FTI Consulting and Compass Lexecon collectively had more than double the experts recognized on the list compared to the next closest firm, highlighting their industry leadership.
FTI Consulting has announced its acquisition of BOLD, a restructuring and transformation advisory firm in the Netherlands, aiming to enhance its European presence. The deal, set to close in Q1 2022, will integrate 31 professionals from BOLD into FTI’s Corporate Finance & Restructuring segment. This acquisition aligns with FTI’s growth strategy in Europe, allowing better service to Dutch and multinational clients. Financial terms were not disclosed, but the deal is expected to bolster FTI's capabilities in navigating complex business challenges.
FTI Consulting (NYSE: FCN) expands its Risk & Investigations practice, appointing Fredrik de Maré, Nathaniel Hein, and Juliana Palma as Senior and Managing Directors in major cities including Chicago, San Francisco, and São Paulo. This strategic move aims to bolster support for clients amid increasing investigations, with 83% of G-20 leaders anticipating scrutiny. The firm aims to enhance its capabilities in compliance and governance to help clients navigate complex business challenges and prevent risks.
FTI Consulting (NYSE: FCN) has appointed Karl Payeur as Senior Managing Director and Head of Forensic and Litigation Consulting and Technology segments in France. With over 28 years of international experience, Payeur aims to enhance FTI's market position by delivering top-notch forensic, investigation, compliance, and technology services. His prior role involved leading the EMEA forensic practice for a Big Four firm. This strategic hire is expected to support FTI's expansion within the French market and strengthen its service offerings to multinational clients.
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