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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 appoints Al Park as Senior Managing Director in its Technology segment, enhancing its capabilities in data risk, compliance, and legal operations. Joining him are new Managing Directors Angela Eavy, Collin Miller, Lane Spears, and Lily Wen, all bringing extensive experience to bolster FTI's offerings. Park aims to address compliance challenges faced by organizations in a complex business environment. This expansion reflects FTI's commitment to managing evolving data-related risks and enhancing compliance for multinational clients.
FTI Consulting (NYSE: FCN) has appointed Anthony Primiano as Senior Managing Director in its Broker-Dealer Regulatory & Litigation group, enhancing its Financial Services practice. With nearly 30 years of experience in compliance and regulatory management, Primiano will focus on compliance advisory and risk management services for clients, particularly in wealth management. This strategic hire aligns with FTI's recent investments aimed at strengthening its capabilities in a complex regulatory environment.
FTI Consulting (NYSE: FCN) announced that Stella Mendes and Caroline Parker have been recognized in Consulting magazine’s 2021 Women Leaders in Consulting list. Mendes received honors in the Leadership category and leads the Financial Services practice, while Parker was acknowledged in the Client Service category and manages global communications programs. Chief Human Resources Officer Holly Paul praised their commitment to inspire future leaders in consulting. FTI Consulting generated $2.46 billion in revenue during the fiscal year 2020.
FTI Consulting (NYSE: FCN) announced the appointment of Dr. Ricardo Gomez and Christoph Schlossarek as Senior Managing Directors in its Forensic and Litigation Consulting segment in Germany. This move aims to enhance the firm's forensic, investigations, and compliance services in the country, which is the largest economy in Europe. Dr. Gomez brings over 15 years of experience in complex investigations, while Mr. Schlossarek has over 17 years of experience in corporate governance and risk management. This expansion reflects FTI's investment strategy to grow its presence across various segments in Germany.
FTI Consulting, Inc. (NYSE: FCN) announced the release of its financial results for the third quarter ending September 30, 2021, scheduled for October 28, 2021, prior to market opening. Senior management will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss these results. The call will be available via the company's investor relations website and a replay will be accessible for 90 days. FTI Consulting recorded $2.46 billion in revenues for the fiscal year 2020, highlighting its expertise in managing complex business challenges.
FTI Consulting (NYSE:FCN) announced that Meredith Griffanti and Joe Lakier have been named to Consulting magazine’s 2021 Rising Stars list, highlighting their achievements in the consulting industry. Griffanti is recognized in the Communications category for her expertise in handling high-profile cybersecurity incidents, while Lakier is honored in the Leadership category for his work in forensic investigations. Both professionals are noted for their effective client support, showcasing the firm's commitment to cultivating talent within its ranks.
FTI Consulting (NYSE: FCN) has garnered multiple prestigious awards for its proficiency in restructuring, transactions, and renewables. The firm was recognized as the Communications Firm of the Year by The M&A Advisor and celebrated for five successful restructuring projects. Key professionals, including Heath Gray and Peter Heinz, received the Emerging Leaders Award for their contributions to M&A and turnaround strategies. Additionally, FTI was acknowledged in the A Word About Wind 2021 list, highlighting Chris LeWand's influence in North America's power sector.
FTI Consulting (NYSE: FCN) has appointed Kumar Padisetti as Senior Managing Director in its Economic Consulting segment in Melbourne. With over 20 years of expertise in energy markets, Padisetti aims to enhance local capabilities and client offerings. Previously at Deloitte Access Economics, he focused on energy advisory. His appointment reflects FTI's commitment to expanding its Economic & Financial Consulting practice in Australia. Robert Southern and Mark Dewar, senior leaders at FTI, expressed confidence that Padisetti's leadership will strengthen the firm's presence in the energy sector.
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