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. reports developments across a global business-advisory platform organized around Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. Company news includes quarterly results, segment performance and senior talent additions tied to restructuring, transactions, transformation, capital markets communications and regulated-industry advisory work.
Recurring updates also cover cybersecurity, data privacy, information governance, health and human services analytics, digital health and applied AI capabilities. Compass Lexecon affiliations add economics expertise for antitrust and other litigation-focused advisory work.
FTI Consulting's Technology segment has launched IQ.AI by FTI Technology™, a suite of artificial intelligence solutions for legal and regulatory matters. The offerings include:
1. IQ.AI for Investigations: Document summarization for quick fact extraction and case chronology development.
2. IQ.AI for Data Breach: Rapid identification of sensitive data for breach response and compliance.
3. IQ.AI for Antitrust: Monitoring and analytics to reduce risk in complex datasets.
FTI Technology's approach combines proprietary workflows with industry-leading AI technologies, aiming to balance innovation, performance, and risk mitigation. The launch addresses the growing demand for AI solutions in legal and compliance functions, with 78% of business leaders viewing generative AI as a competitive opportunity.
FTI Consulting (NYSE: FCN) has strengthened its Global Insurance Services practice with the appointment of Maria Filipakis as a Senior Managing Director in the Forensic and Litigation Consulting segment. Based in New York, Filipakis brings nearly two decades of government experience and expertise in insurance, cryptocurrency, cybersecurity, and financial services.
Filipakis, formerly the first Executive Deputy Superintendent of the Capital Markets Division at the New York State Department of Financial Services, will support clients with regulatory, compliance, claims challenges, risk management, due diligence, and financial analysis. Her appointment aims to help FTI Consulting's clients navigate emerging risks related to artificial intelligence, compliance, regulation, and litigation in the insurance industry.
Prior to joining FTI Consulting, Filipakis co-founded and served as Managing Partner at the Topside Group, working on strategic and regulatory matters across various financial sectors.
FTI Consulting (NYSE: FCN) has announced the upcoming release of its third quarter 2024 financial results. The company will disclose these results before the New York market opens on Thursday, October 24, 2024. Following the release, FTI Consulting will host a conference call at 9:00 a.m. Eastern Time on the same day, where senior management will discuss the financial outcomes.
Investors and interested parties can access the conference call via a live simulcast on the company's investor relations website. For those unable to attend the live event, a replay of the webcast will be available on the same website for 90 days following the call.
FTI Consulting, Inc. (NYSE: FCN) has announced the appointment of Brian Salsberg as Senior Managing Director and Global Head of M&A in the Transactions practice within the Corporate Finance & Restructuring segment. Salsberg, based in New York, joins from EY where he was the Global Buy & Integrate Leader. He brings extensive experience, having led over 100 acquisitions, mergers, joint ventures, and divestitures.
At FTI Consulting, Salsberg will collaborate with various team leaders to create comprehensive solutions for clients pursuing large-scale and cross-border transactions. His appointment follows the recent addition of Jeff Wray, former Global EY-Parthenon Leader, as leader of a new Consumer & Retail industry practice within FTI Delta.
Salsberg's prior experience includes senior executive roles at a Fortune 500 company, partnership at McKinsey & Company, and corporate transactions law at Cravath, Swaine & Moore LLP. His appointment aims to strengthen FTI Consulting's capabilities in serving a broader client base in complex transaction scenarios.
FTI Consulting (NYSE: FCN) has launched its Cybersecurity practice in Spain with the appointment of Oliver Gower as Senior Managing Director. Gower, formerly Head of Global Cyber Emergency Response Team at Banco Santander, brings extensive experience from UK intelligence and law enforcement agencies. He will support the development of FTI's Cybersecurity practice in Spain and advise on incident response, regulatory compliance, investigations, and operational resilience strategies.
This expansion aligns with FTI's global cybersecurity offerings and growth strategy in the Spanish market. Gower's expertise in tackling critical cyber threats and his background in shaping national cybersecurity responses will be valuable assets to clients facing complex threat landscapes.
FTI Consulting (NYSE: FCN) has launched a National Security offering to address growing threats to the private sector and increased demand for comprehensive solutions. The offering will focus on risk and compliance advisory and investigative capabilities in critical industries such as healthcare, financial services, energy, and technology.
Michael J. Driscoll, former FBI Assistant Director, will lead the initiative, bringing over 26 years of experience in cybersecurity and national security. The multidisciplinary team will advise on issues including cyber risks, insider threats, espionage, CFIUS reviews, export controls, and sanctions. This launch aims to help companies protect their assets, supply chains, and national interests in an increasingly globalized and digitized world.
FTI Consulting (NYSE: FCN) has appointed Jeff Wray as Senior Managing Director and Industry Growth and Strategy Leader within the Corporate Finance & Restructuring segment. Wray will lead the new Consumer & Retail industry practice within FTI Delta, the firm's strategy consulting practice. With over 20 years of experience, Wray joins from EY-Parthenon, where he was Global Leader.
The Consumer & Retail practice launch comes nearly a year after FTI Delta's inception, adding to its existing Telecommunications, Media & Technology and Public Sector practices. Wray's role involves building industry teams across strategy, transformation, and transactions capabilities, creating end-to-end consulting solutions for clients.
This move aligns with FTI Consulting's belief in industry expertise as key to delivering high client value. Wray's experience in growth investments, corporate venture capital, and large-scale divestitures is expected to accelerate the firm's efforts in building industry practices that partner with clients across all dimensions of value creation.
FTI Consulting (NYSE: FCN) has bolstered its Corporate Finance & Restructuring segment in EMEA with the appointment of three Senior Managing Directors: Jean-Werner de T'Serclaes, Ramon Baeza, and Wim Gysegom. These industry leaders bring over 75 years of combined experience in financial services, energy, and operational performance transformations.
Key appointments:
- De T'Serclaes: Co-Leader for France and regional lead for cross-segment Financial Services offerings
- Baeza: Energy lead in EMEA, focusing on business transformation
- Gysegom: Enhancing operational transformations in chemicals and automotive sectors
These strategic hires aim to strengthen FTI Consulting's Business Transformation capabilities in EMEA, addressing client needs in critical areas such as growth initiatives, operational efficiencies, and digital transformation.
FTI Consulting, Inc. (NYSE: FCN) has announced the appointment of Juli Saitz as a Senior Managing Director in the Dispute Advisory Services practice within the firm's Forensic and Litigation Consulting segment. With over 25 years of experience in forensic accounting and financial analysis for litigation matters, Saitz will focus on helping clients resolve disputes in commercial disputes, intellectual property, and valuation cases.
Based in New York, Saitz is a Certified Public Accountant with business valuation credentials and certification in financial forensics. Her expertise includes providing expert testimony in federal and state court matters, as well as domestic and international arbitrations. This appointment strengthens FTI Consulting's capabilities in the Dispute Advisory Services practice, following the recent addition of Ken Ditzel in Houston.
FTI Consulting, Inc. (NYSE: FCN) has appointed Shelly Mady as a Senior Managing Director in the Data & Analytics practice within the firm's Forensic and Litigation Consulting segment, based in Dallas. This move strengthens FTI Consulting's presence in the Dallas area, which has seen significant growth in law firms, financial entities, and technology companies. Ms. Mady brings 15 years of experience in applying data analytics to investigations, litigation, and compliance.
Her focus areas include internal and regulatory investigations, FCPA monitorships, data remediation, compliance monitoring, and AI readiness assessments. Previously, Ms. Mady was a Senior Managing Director at Ankura, where she specialized in establishing fact patterns and anomalies in large data sets using advanced data mining techniques. Her appointment aims to help FTI Consulting's clients navigate the evolving regulatory landscape and leverage data's transformative power.