FTI Consulting Bolsters Cross-Border Restructuring and Insolvency Offering with Hire of Jo Hewitt
Rhea-AI Summary
FTI Consulting (NYSE: FCN) has announced the appointment of Jo Hewitt as Senior Managing Director in its Corporate Finance & Restructuring segment. With over 20 years of experience in UK and cross-border insolvencies, Hewitt will focus on representing companies and investors on restructurings and serve in insolvency appointments.
Based in London, Hewitt joins from Alvarez & Marsal, where she led the European Restructuring Plan practice and co-led the UK Complex & International Insolvency team. Her expertise spans various industries, including real estate, financial services, infrastructure, and healthcare. She has successfully managed numerous company voluntary arrangements across Europe and led some of the UK's largest administrations.
The appointment strengthens FTI Consulting's position in UK restructuring plans, schemes, and cross-border transactions, enhancing their senior insolvency offering.
Positive
- Strategic hire strengthens FTI's cross-border restructuring capabilities
- Expands expertise in UK and European markets
- Enhances service offering in key industries including real estate, financial services, infrastructure, and healthcare
Negative
- None.
News Market Reaction – FCN
In the trading session that priced this news, FCN gained 0.81%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LONDON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of restructuring and insolvency expert Jo Hewitt as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment.
Bringing more than 20 years of experience in UK and cross-border insolvencies, restructurings, restructuring plans and schemes of arrangement to FTI Consulting, Ms. Hewitt’s arrival reinforces the firm’s reputation for delivering ground-breaking schemes and insolvency solutions. In her role at the firm, she will represent companies and investors on restructurings and serve in insolvency appointments.
“Jo is an impressive practitioner who will play a pivotal role in our future success, and we are excited to have her on board,” said Matt Callaghan, a Senior Managing Director and Head of the UK Insolvency practice at FTI Consulting. “Her decision to join FTI Consulting speaks to the evolution of the team over the last few years and our ambitions for the future. Jo’s expertise on UK restructuring plans, schemes and cross-border transactions will consolidate our market-leading position in this space and further strengthens our senior insolvency offering.”
Ms. Hewitt, who is based in London, advises companies, financial institutions, private equity funds and other creditors of distressed organisations on restructuring situations and refinancings. As a licensed insolvency practitioner, she has led on some of the UK’s largest and most complex administrations working with clients across a range of industries, including real estate, financial services, infrastructure and healthcare. In addition, Ms. Hewitt has successfully overseen numerous company voluntary arrangements across Europe, which will add further depth to the firm's cross-border team in the region.
Prior to joining FTI Consulting, Ms. Hewitt was a Managing Director at Alvarez & Marsal, where she led the European Restructuring Plan practice. Whilst there, she also served as co-leader of the UK Complex & International Insolvency team. Previously, she was a Director at EY.
Commenting on her appointment, Ms. Hewitt said, “Restructuring and insolvency situations are incredibly challenging for clients, and it is a privilege to use my expertise to guide them toward solutions when the outlook looks bleak. Collaborating with a team that shares my passion for what we do is crucial, and having worked opposite FTI Consulting on several occasions, I have always admired their expertise, insight and professionalism. The firm’s exciting plans to further strengthen its leading position in the restructuring and insolvency market perfectly align with my own goals, offering the ideal platform and culture for success.”
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories as of December 31, 2024. The Company generated
FTI Consulting, Inc.
200 Aldersgate
Aldersgate Street
London EC1A 4HD
+44 20 3727 1000
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Helen Obi
+44 20 7632 5071
helen.obi@fticonsulting.com
