Welcome to our dedicated page for FTI Consulting news (Ticker: FCN), a resource for investors and traders seeking the latest updates and insights on FTI Consulting stock.
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.
On July 6, 2020, FTI Consulting (NYSE: FCN) appointed Mathias Samson as Senior Managing Director leading its Public Affairs practice in Germany. Samson, an expert in economic, environmental, and energy policy, previously served as State Secretary in the Hessian Ministry of Economics. His role involves advising clients on navigating complex challenges and mitigating political risks. He aims to enhance stakeholder engagement strategies while collaborating with FTI’s global network. The firm generated $2.35 billion in revenue in 2019, emphasizing its strength in strategic communications and consulting services.
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.
FTI Consulting (NYSE: FCN) has announced the appointment of Kevin Barrentine as Senior Managing Director within its Corporate Finance & Restructuring segment. Based in Atlanta, Barrentine brings over 30 years of experience in restructuring and performance improvement. He has extensive expertise in managing distressed businesses across various industries. His addition is part of FTI's ongoing investment in this practice amid significant client challenges. The firm previously appointed Matt Callaghan and Kieran Douglas to bolster its leadership in restructuring and insolvency.
FTI Consulting (NYSE: FCN) announced the appointment of four new directors within its Technology segment across EMEA, effective June 11, 2020. The new leaders, Jonathan Chan, Renato Fazzone, Richard Palmer, and Grainne Bryan, will enhance the firm's capabilities in e-discovery, data analysis, and legal consulting. Chan will focus on e-discovery projects, Fazzone will lead the Germany operations, Palmer specializes in AI analytics, and Bryan will establish a presence in Ireland. This initiative underlines FTI's commitment to providing expert solutions to clients navigating legal and regulatory challenges.
FTI Consulting, Inc. (NYSE: FCN) has appointed Rocco deGrasse as Senior Managing Director and Midwest Leader in its Global Risk and Investigations Practice. Based in Chicago, deGrasse brings over a decade of expertise in FCPA compliance and investigations. He previously served as Co-Chair at The Claro Group and spent 15 years at KPMG LLP, where he focused on fraud and misconduct investigations. The firm aims to expand its forensic practice in Chicago, leveraging deGrasse's extensive network and experience.
FTI Consulting announces the appointment of Matt Callaghan as Senior Managing Director in its Corporate Finance & Restructuring segment, focusing on the UK mid-market and insolvency. Callaghan, who has a 17-year background at PwC, adds significant expertise in restructuring and insolvency cases across multiple industries. His appointment is expected to enhance FTI's market-leading insolvency services and strengthen its position as a leading global restructuring firm, following recent accolades in the sector.
FTI Consulting (NYSE: FCN) announced a definitive agreement to acquire certain assets of Delta Partners, a TMT-focused consulting and investment banking firm. The acquisition, anticipated to close in Q3 2020, aims to enhance FTI's strategy consulting capabilities and extend its global presence. Delta Partners adds approximately 150 professionals, including senior managing directors, bolstering FTI's existing team. This strategic move is expected to serve major TMT players and offer a wider range of services, significantly strengthening FTI's advisory capabilities in a competitive market.
FTI Consulting (NYSE: FCN) announced that Jordan Rae Kelly, Senior Managing Director and Head of Cybersecurity, was recognized in Global Investigations Review’s 40 Under 40 guide. Kelly has extensive experience in cybersecurity, advising on breaches, compliance, and risk management. Previously, she served on the National Security Council, managing U.S. cyber incident responses and authoring the National Cyber Strategy. Earlier in her career, she was Chief of Staff at the FBI's Cyber Division. This recognition highlights her leadership in the investigations field and her commitment to empowering future cybersecurity professionals.
FTI Consulting (NYSE: FCN) announced that its CFO, Ajay Sabherwal, will participate in the virtual 48th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 14, 2020, at 12:50 p.m. ET. The presentation will be accessible live and available for replay for 30 days on the Company's investor relations website.
FTI Consulting is a global advisory firm with over 5,500 employees across 27 countries. The firm reported $2.35 billion in revenues for fiscal year 2019, focusing on helping organizations manage risk, resolve disputes, and navigate change.
FAQ
What is the current stock price of FTI Consulting (FCN)?
What is the market cap of FTI Consulting (FCN)?
What services does FTI Consulting offer?
What industries does FTI Consulting serve?
Where is FTI Consulting headquartered?
How many employees does FTI Consulting have?
What recent developments have occurred at FTI Consulting?
What was FTI Consulting's revenue for the year 2023?
Which segment contributes the most to FTI Consulting's revenue?
How does FTI Consulting support private equity clients?
What cybersecurity services does FTI Consulting offer?
Where can I find more information about FTI Consulting?
