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.
News and disclosures about FTI Consulting, Inc. (NYSE: FCN) focus on its activities as a professional business advisory firm operating through five segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. This page aggregates company-specific announcements, press releases and related coverage so readers can review how the firm is evolving across its advisory practices.
Recent news highlights FTI Consulting’s ongoing investment in senior talent and specialized capabilities. The firm has announced appointments of Senior Managing Directors in its Cybersecurity practice within the Forensic and Litigation Consulting segment, in its Healthcare Risk Management & Advisory practice, and across its Strategic Communications segment in areas such as transactions communications, shareholder activism, crisis and issues management, public affairs and stakeholder engagement. Additional updates cover senior hires in private equity and financial services transformation practices and in its EMEA Tax Advisory team.
Coverage also includes developments related to FTI Consulting’s subsidiary Compass Lexecon, which operates within the Economic Consulting segment and engages experts in machine learning, artificial intelligence, quantitative economics and digital platforms. These appointments reflect the firm’s focus on matters such as digital market competition, online advertising auctions, pricing, algorithmic fairness, privacy and the economics of digital assets.
Investors and followers of FCN can use this news feed to track how FTI Consulting expands its sector coverage in healthcare, financial services, energy, consumer, technology and other industries, as well as how it responds to client demand in areas like cyber risk, regulatory strategy, revenue cycle management, restructurings and high-stakes corporate events. Bookmark this page to review ongoing announcements, leadership changes, collaborations and other material developments affecting FTI Consulting’s advisory platform.
FTI Consulting (NYSE: FCN) has launched its Corporate Finance & Restructuring segment in Milan, Italy, following successful expansions in the Netherlands and France this year. The firm appointed four senior professionals, enhancing its capabilities to tackle complex business challenges. This move aligns with FTI's growth strategy in the EMEA region. FTI generated $2.78 billion in revenues in fiscal year 2021 and aims to leverage its new team’s expertise in financial restructuring to boost operations in Italy.
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FTI Consulting (NYSE: FCN) announced the appointment of Anne Winter as a Senior Managing Director in its Health Solutions practice, focusing on Medicaid managed care and the pharmaceutical industry. With over 25 years of experience, Ms. Winter joins from Health Management Associates and has held significant roles at organizations including CVS Health and Arizona's Medicaid program. Her expertise will enhance FTI's capabilities in navigating the complex Medicaid landscape, aiming to help clients expand their business and mitigate risks.
FTI Consulting (NYSE: FCN) has appointed Thierry Miremont as Senior Managing Director in Paris, enhancing its Corporate Finance & Restructuring segment in France. Miremont brings over 30 years of experience in complex transformations for international brands. This appointment follows FTI's expansion in EMEA, including the acquisition of BOLD in February 2022. Miremont will focus on strengthening Business Transformation and Restructuring practices, addressing rising client demand for operational improvement services amidst prevailing economic challenges.
FTI Consulting (NYSE: FCN) announced the appointments of Scott Gibson and Marty Kuehne as Senior Managing Directors in its Aviation practice, enhancing its capabilities in strategy, growth, and talent development. Gibson brings over 35 years of airline strategy experience, while Kuehne, with nearly 40 years of expertise, will co-lead the Human Capital offering. These additions aim to optimize business operations and support the aviation industry's recovery post-COVID-19.
FTI Consulting (NYSE: FCN) announces a leadership transition in the EMEA region effective August 1, 2022. Kevin Hewitt, who has led as EMEA Chairman since 2017, will transition to EMEA Chair of Client Services, focusing on client relationships and talent acquisition. Lars Fæste will succeed him as EMEA Chairman, taking on executive responsibility for growth and new market entry. Fæste joins from Boston Consulting Group with 25 years of experience in management consulting. This transition aims to strengthen leadership and enhance service offerings in the EMEA region.
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FTI Consulting (NYSE: FCN) has appointed Cyril Naudin as a Senior Managing Director in its Forensic and Litigation Consulting segment in France, effective May 3, 2022. With over 20 years of expertise in financial crime investigations and compliance, Naudin aims to enhance FTI's capabilities in forensic services across the EMEA region. His appointment follows the recent hiring of Karl Payeur as the leader of the French practice. FTI Consulting generated $2.78 billion in revenue during fiscal year 2021.
Intrinsic, LLC has launched a new Transaction Opinions practice, led by Managing Director Garrett Wilson, formerly of FTI Consulting (NYSE: FCN). This new division aims to meet rising demand for independent fairness and solvency opinions from private equity and institutional investors. The practice will also include Mark Lorch and Evan Lewis, enhancing expertise in transactional advisory services. CEO Alex Hodgkin emphasized the firm’s commitment to supporting boards of directors in fiduciary responsibilities during critical financial transactions.
FTI Consulting (NYSE: FCN) reported first quarter 2022 revenues of $723.6 million, a 5% increase from $686.3 million in Q1 2021. EPS was $1.66, down 10% from $1.84 year-over-year. Adjusted EBITDA fell to $90.5 million, representing 12.5% of revenues, compared to 14.5% in the prior year. The decline in net income to $59.3 million was attributed to higher SG&A and compensation expenses. The Corporate Finance & Restructuring segment saw a 12% rise in revenues, while Economic Consulting revenues dropped 1.9%.