FTI Consulting Makes Significant Investment in Cybersecurity, Data Privacy and Information Governance Capabilities With 10 Senior Hires

FTI Consulting (NYSE: FCN) announced on April 29, 2026 the appointment of 10 senior leaders — five Senior Managing Directors and five Managing Directors — to expand cybersecurity, data privacy and information governance capabilities.

Rhea-AI Summary

FTI Consulting (NYSE: FCN) announced on April 29, 2026 the appointment of 10 senior leaders — five Senior Managing Directors and five Managing Directors — to expand cybersecurity, data privacy and information governance capabilities.

New hires bring cross‑industry experience in cloud security, AI compliance, privacy law (CCPA, GDPR, EU AI Act), data governance and defensible data deletion across offices in Washington, D.C., Chicago, Charlotte, New York and Miami.

Argus Apr 29 session

-1.85% close to close Open Argus

Details

News Market Reaction – FCN

On Apr 29, the day this news came out, FCN closed 1.85% below the previous close.

Data tracked by StockTitan Argus for the Apr 29 session.

Market Context

This announcement highlights FTI Consulting’s continued build-out of its cyber risk, data privacy an...

Analysis

This announcement highlights FTI Consulting’s continued build-out of its cyber risk, data privacy and information governance practice, adding 10 senior professionals across multiple U.S. hubs. It follows several April appointments that expanded capabilities in Strategic Communications and financial services. Pre-news, shares traded near the top of the 52-week range at 183.19 versus a 189.30 high, and above the 168.64 200-day MA. Investors may track execution of these hires, upcoming Q1 2026 results, and balance-sheet developments such as the new $300 million term loan.

Key Figures

Senior hires: 10 professionals Senior Managing Directors: 5 hires Managing Directors: 5 hires +5 more

Senior hires

10 professionals

Five Senior Managing Directors and five Managing Directors added

Senior Managing Directors

5 hires

Cybersecurity, data privacy and information governance capabilities

Managing Directors

5 hires

Supporting cyber risk, privacy and data governance offerings

Dhawan experience

More than two decades

Cybersecurity and digital transformation background

McClelland experience

More than two decades

Data and information governance and analytics

Yushchak experience

More than 25 years

Regulatory risk, governance and data protection

Flora experience

More than a decade

Cybersecurity governance and risk management

Market cap

$5,571,920,280

Pre-news market capitalization for FCN

Historical Context

5 past events · Latest: Apr 27

5 events

1. Apr 27

   Senior hire appointment

   24h Move

   +0.4%

   Added Senior Managing Director to Capital Markets practice in Strategic Communications.

2. Apr 22

   AI expansion hires

   24h Move

   -0.1%

   Expanded Australian healthcare Data Analytics & AI practice with three senior leaders.

3. Apr 13

   Senior hire appointment

   24h Move

   +1.9%

   Appointed Senior Managing Director to strengthen Strategic Communications in London.

4. Apr 09

   Earnings date notice

   24h Move

   -0.1%

   Announced timing of Q1 2026 results release and conference call logistics.

5. Apr 08

   Practice leadership hire

   24h Move

   -1.8%

   Named new leader for Middle East financial services Strategy & Transformation practice.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

california consumer privacy act, ccpa, general data protection regulation, gdpr, +4 more

8 terms

california consumer privacy act regulatory

"emerging privacy and AI laws, including the California Consumer Privacy Act (“CCPA”),"

A California law that gives residents specific rights over how businesses collect, use, share and delete their personal information, such as the right to access data, request deletion, and opt out of its sale. Think of it as a legally enforceable rulebook for handling customer data: it matters to investors because it can change how companies build products, raise compliance costs, create legal and reputational risk, and influence revenue tied to data-driven services.

ccpa regulatory

"including the California Consumer Privacy Act (“CCPA”), General Data Protection"

A California law that gives people control over their personal data—letting them see, delete, or stop the sale of information companies collect about them. Think of it as a rulebook for how businesses must handle customer data; compliance can require new systems, change how services operate, and create legal and reputational risk if ignored. Investors watch CCPA because it can affect a company’s costs, growth opportunities and regulatory exposure.

general data protection regulation regulatory

"including the California Consumer Privacy Act (“CCPA”), General Data Protection Regulation"

General Data Protection Regulation is a set of legal rules from the European Union that governs how companies collect, store, use and share personal information about people. It matters to investors because compliance affects costs, how a business can operate across borders, and the risk of heavy fines or damage to customer trust—similar to guardrails that shape how safely and freely a company can drive its data-dependent products and services.

gdpr regulatory

"General Data Protection Regulation (“GDPR”), the EU AI Act and others."

General Data Protection Regulation is a law that sets rules for how organizations must collect, store and use personal data about people, and gives individuals rights over that data. It matters to investors because noncompliance can lead to large fines, higher operating costs and damaged reputation, while strong compliance can be a competitive advantage—think of it as a strict safety code for handling customer information.

eu ai act regulatory

"navigate emerging privacy and AI laws, including the California Consumer Privacy Act"

The EU AI Act is a European law that sets rules for how artificial intelligence systems can be developed, marketed and used, grouping applications by risk and requiring safety checks, transparency and oversight. For investors it matters because the law changes costs, approval timelines and market access for AI products—like a building code for software that can raise compliance bills for some firms while creating a safer, more predictable market that benefits companies that follow the rules.

data minimization technical

"he will focus on supporting clients with data minimization, mapping and inventory, cyber"

Data minimization is the practice of collecting, storing and using only the personal or business information that is strictly necessary for a specific purpose, and deleting or restricting anything beyond that need. For investors it matters because narrower data holdings reduce legal and regulatory risk, lower breach and storage costs, and protect reputation—similar to carrying only the cash you need so a lost wallet causes less damage.

third-party risk management technical

"and building robust third-party risk management frameworks."

Third-party risk management is the process a company uses to identify, assess, monitor and reduce risks that come from outside vendors, suppliers, contractors or partners who provide goods, services or handle sensitive data. Investors care because weaknesses in these external relationships can cause outages, regulatory fines, extra costs or reputational damage that directly affect revenue and share value — like hiring a contractor for a home project and needing to ensure they won’t cause costly problems or delays.

ai regulatory compliance regulatory

"specializes in data privacy, AI regulatory compliance and digital risk, helping clients"

AI regulatory compliance is the practice of ensuring that a company’s artificial intelligence systems follow laws, safety standards, and ethical rules set by regulators. For investors, it matters because compliant AI reduces the risk of fines, legal trouble, and reputational damage, and can be the difference between staying in or being excluded from certain markets—think of it like licensing and safety inspections for a new piece of equipment before it can be sold widely.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WASHINGTON, April 29, 2026 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of five Senior Managing Directors and five Managing Directors who further enhance the firm’s capabilities around cyber risk, data privacy and information governance.

“We are seeing significant demand in these key areas from the market,” said Anthony J. Ferrante, Global Head of the Cybersecurity practice at FTI Consulting. “Organizations are facing unprecedented digital exposure, operational and regulatory complexities and need practical solutions from trusted experts that help reduce risk, strengthen resilience and achieve compliance. We look forward to working with our new colleagues to deliver the expert-driven and intelligence-led solutions our clients rely on and expect.”

Sophie Ross, Global Chief Executive Officer of the Technology segment at FTI Consulting, said, “Data is growing exponentially, and so are the rules around it, with clients navigating more complex privacy and regulatory risk and compliance. Our growing team of experts augments our ability to meet demand and help clients get to answers faster: stronger governance, quicker progress towards compliance and a more defensible approach, so they can reduce risk and act on insights with confidence.”

Akshay Dhawan, who is based in Washington, D.C., joins the firm as a Senior Managing Director with more than two decades of experience in cybersecurity and digital transformation. He joins from a global consulting firm where he built and led cloud security and compliance practices. In his role at FTI Consulting, he will help clients design and implement enterprise cybersecurity programs, with a particular focus on cloud and AI systems and national security-driven regulations.

David Manek, a Senior Managing Director based in Chicago, is a data privacy expert specializing in end-to-end large-scale, data-intensive regulatory change management initiatives. In his previous role at a global consulting firm, he led a team of data privacy, information security and data management experts focused on implementing complex data privacy and AI compliance solutions. In his role at FTI Consulting, he will help clients navigate emerging privacy and AI laws, including the California Consumer Privacy Act (“CCPA”), General Data Protection Regulation (“GDPR”), the EU AI Act and others.

Matt McClelland is a Senior Managing Director based in Charlotte and has more than two decades of experience in data and information governance and analytics. His experience includes building and overseeing the deployment of AI-supported tools and delivering enterprise programs across industries including healthcare, telecom, financial services and retail. At FTI Consulting, he will advise clients on next-generation operating model design, modernized policy and retention schedule development, large-scale defensible data deletion, change management and technology enablement.

Ankur Sheth is a Senior Managing Director based in New York. He brings deep expertise in cybersecurity strategy, risk management and technology implementation. He will work with security, risk and IT leaders to navigate the evolving threat landscape and strengthen their cyber posture, guiding clients from assessment through architecture, design and program execution. Previously, he led the Technology and Cyber Risk Advisory practice at a global consulting firm.

Colleen M. Yushchak, who is based in Washington, D.C., joins the firm as a Senior Managing Director with more than 25 years of experience guiding companies through complex technology and legal challenges, with deep expertise in regulatory risk, governance and data protection. At FTI Consulting, she will support clients with designing and executing global privacy and compliance programs. Prior to joining the firm, she was the Global Data Privacy practice lead at a global consulting firm, where she implemented privacy compliance programs for organizations across multiple industries.

Mir Ali is a Managing Director based in Chicago and serves as an information and data governance expert who helps organizations build mature, compliant and defensible programs through modernizing policies, retention schedules and enterprise data deletion. At FTI Consulting, he will focus on supporting clients with data minimization, mapping and inventory, cyber and data privacy risk assessments, and building robust third-party risk management frameworks.

Emily Cohen is a Managing Director based in Chicago and brings nearly two decades of experience in data privacy, regulatory compliance, forensic investigation and litigation advisory. Prior to joining FTI Consulting, she led a global consulting firm’s tracking technology service offering and assisted with the design and deployment of privacy technology to support core functions including risk assessments, data inventories and third-party risk management. In her role at FTI Consulting, she will help clients with privacy programs, complex investigations and expert services related to tracking technologies.

David Farber, a Managing Director based in Charlotte, helps organizations navigate complex regulatory requirements, data privacy and implementation of privacy platforms. In his previous role at a global consulting firm, he supported risk assessments, data inventories, privacy rights process, tracking technology compliance and advised on privacy platform design and optimization. At FTI Consulting, he will focus on risk management strategies and compliance, and design and deploy technical frameworks for clients to address global data protection laws.

Matt Flora is a Managing Director based in New York and brings more than a decade of experience in cybersecurity governance and risk management. His experience includes helping clients map their security programs to industry-leading frameworks and regulations, identify security weaknesses, and mitigate enterprise-level risk. In his role at FTI Consulting, he will work with clients to build comprehensive cybersecurity risk and compliance programs, and support private equity clients and their portfolio companies in identifying and mitigating top security risks.

Kenric Tom, a Managing Director based in Miami, specializes in data privacy, AI regulatory compliance and digital risk, helping clients design and implement comprehensive privacy and risk management programs. In his previous role at a global consulting firm, he provided clients with technology and data governance solutions related to regulatory and compliance needs. At FTI Consulting, he will guide clients through the nuances of various privacy and AI laws and create robust program operations and technical controls that protect enterprise value and mitigate litigation risk.

About FTI Consulting 
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of December 31, 2025. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.80 billion in revenues during fiscal year 2025. More information can be found at www.fticonsulting.com. 

FTI Consulting, Inc.
555 12^th Street NW
Washington, DC 20004
+1.202.312.9100 

Investor Contact:
Mollie Hawkes 
+1.617.747.1791 
mollie.hawkes@fticonsulting.com 

Media Contact:
Sam Ford
+1.617.480.7402
samantha.ford@fticonsulting.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FTI Consulting (FCN) announce on April 29, 2026?

FTI Consulting announced the hire of 10 senior cybersecurity, privacy and data governance leaders on April 29, 2026. According to the company, five Senior Managing Directors and five Managing Directors joined to bolster cyber risk, AI and privacy compliance capabilities across multiple U.S. offices.

How will the 10 senior hires affect FTI Consulting's cybersecurity services (FCN)?

The hires expand specialist capacity in cloud security, AI systems and threat management at FTI Consulting. According to the company, the new leaders will design enterprise cybersecurity programs, advise on AI and cloud compliance, and support client resilience and regulatory navigation.

Which compliance frameworks and laws will FTI Consulting's new leaders focus on (FCN)?

The new team will focus on privacy and AI regimes including CCPA, GDPR and the EU AI Act. According to the company, hires will support emerging privacy and AI laws, regulatory risk assessments, and implementing compliance programs and controls for clients.

Where are the new FTI Consulting (FCN) hires based and what expertise do they bring?

New hires are based in Washington, D.C., Chicago, Charlotte, New York and Miami with expertise in cloud security, data privacy, information governance and defensible data deletion. According to the company, backgrounds include regulatory risk, privacy program implementation and privacy technology deployment.

What services will FTI Consulting's new managing directors provide to clients (FCN)?

They will deliver services such as enterprise cybersecurity design, privacy program execution, data inventories, third‑party risk frameworks and defensible data deletion. According to the company, the team will support assessments, policy design, technology enablement and investigation-related expert services.