Fti Consulting Inc Stock Price, News & Analysis

FTI Consulting (NYSE: FCN) has appointed Yvette Austin Smith as Senior Managing Director and Chair of its Global Finance practice at Compass Lexecon. Smith, a finance expert in various fields including valuation, bankruptcy, and M&A, will lead the New York office and enhance the firm's advisory capabilities. She previously chaired the Board at The Brattle Group and expressed eagerness to strengthen Compass Lexecon's market position. The company generated $2.78 billion in revenue during fiscal year 2021, emphasizing its commitment to tackling complex challenges for clients globally.

FTI Consulting has appointed Lauren Crawford Shaver as the Senior Managing Director and Head of Healthcare & Life Sciences for the Americas. With a strong background in public affairs and healthcare policy, she aims to enhance the firm's capabilities in managing public policy, regulatory, and reputational risks. Previously, she held significant roles within government and political campaigns, including as Deputy Assistant Secretary for Public Affairs during the Obama administration. Her expertise is expected to strengthen service delivery for clients navigating complex challenges in the healthcare sector.

FTI Consulting (NYSE: FCN) has expanded its FTI Capital Advisors division by adding Rod Rivera, David Baker, and Roger Kahn as Senior Managing Director and Managing Directors, respectively. They bring extensive experience in healthcare M&A and financing transactions, having closed deals across various healthcare sectors valued at over $30 billion. The new team will enhance FTI's advisory capabilities in healthcare, supported by a robust network of over 250 health solutions professionals. This strategic addition aims to deliver a seamless client experience in navigating complex healthcare transactions.

FTI Consulting (NYSE: FCN) announced the appointment of three senior professionals to enhance its Financial Services capabilities within the Forensic and Litigation Consulting segment. Newly appointed Senior Managing Director Marshall Schlimer, and Managing Directors Peter Schablik and Debra Bonosconi bring decades of expertise in audit, risk management, and compliance. These strategic hires aim to address evolving client needs in risk management amidst increasing regulations and external threats, showcasing FTI's commitment to expanding its expert team to support clients effectively.

FTI Consulting, Inc. (NYSE: FCN) has appointed Linda Birta-Mammet as Treasurer, effective December 1, 2022. She has over 15 years of finance and treasury experience and previously held key roles at J.P. Morgan Chase, ABB, and Siemens. Birta-Mammet will oversee FTI's global Treasury function, managing cash, debt, and investments. She expressed enthusiasm about leading the treasury team to support organizational growth. In fiscal year 2021, FTI Consulting generated $2.78 billion in revenues.

FTI Consulting released findings from its annual survey of corporate legal departments, revealing that 79% of chief legal officers are facing increased risk and demand, up from 60% last year. The study identified significant pressures across areas such as ESG, regulatory compliance, and data privacy. Notably, 40% of respondents cited regulatory changes and geopolitical uncertainty as major risks. Additionally, concerns over AI and emerging data sources are rising, with many feeling unprepared to address these challenges. The report aims to aid legal departments in navigating these complex issues.

FTI Consulting (NYSE: FCN) announced a $400 million increase in its stock repurchase program, bringing total authorization to $501 million. As of November 30, 2022, approximately 11.3 million shares had been repurchased at an average price of $70.93, costing around $799 million. The company has no set timeline for the program's completion, which may be adjusted or halted as deemed necessary by management. This strategic move aims to enhance shareholder value while providing flexibility in execution based on market conditions.