Fti Consulting Inc Stock Price, News & Analysis

FTI Consulting (NYSE: FCN) has been recognized for the 11th consecutive year at the top of the Who’s Who Legal Arbitration 2021: Expert Witnesses list. The prestigious ranking includes 61 expert witnesses from FTI's Economic Consulting and Forensic and Litigation Consulting segments. They notably had three times as many experts as the next closest firm. Additionally, several professionals were recognized as Global Elite Thought Leaders, highlighting their significant contributions to arbitration.

FTI Consulting announced the appointment of Dave Katz as a Senior Managing Director in the Corporate Finance & Restructuring segment, enhancing its Senior Lender Advisory practice. Katz, based in Houston, brings over 20 years of experience in complex restructurings and transactions, particularly in the energy sector. His expertise includes restructuring, performance improvement, and capital markets execution. Katz previously served as Managing Director at JPMorgan Chase, focusing on North American risk coverage across various industries.

FTI Consulting and the IAPP have released their Privacy Governance Report for 2020, surveying over 450 privacy professionals. The report highlights increased importance of privacy due to COVID-19, with 40% of respondents emphasizing its significance. Privacy budgets rose by 8% to a mean of $2 million for large companies, while compliance with data privacy laws remains a top concern. However, hiring freezes are prevalent, with 71% of organizations expecting no change in privacy staffing. The report indicates ongoing challenges from legislative changes, including GDPR and CCPA compliance.

FTI Consulting (NYSE: FCN) has appointed seven new professionals to its Health Solutions practice, enhancing its service capabilities. Notable additions include Senior Managing Directors James Fisher, Julie Kliger, and Kevin McCadden, among others. Each brings extensive healthcare expertise and is expected to improve client engagement amidst ongoing industry challenges. FTI Consulting aims to strengthen its Health Solutions division, which aligns with its strategic goals, having generated $2.35 billion in revenues in 2019.

FTI Consulting (NYSE: FCN) has enhanced its Data & Analytics practice by appointing Richard Chalk and Yuval Saban as Senior Managing Directors. Chalk, based in London, specializes in complex data analytics and compliance investigations, while Saban, located in New York, focuses on AI-centered business transformation solutions. Paul Ficca, Global Segment Leader, emphasized the importance of data analytics in managing complex corporate and legal matters. These strategic hires aim to bolster FTI Consulting's capabilities in forensics and litigation consulting.

FTI Consulting's Board of Directors has authorized an additional $200 million for its stock repurchase program as of December 3, 2020. This follows the repurchase of approximately 10.2 million shares at an average price of $65.31, totaling around $669.5 million. Post this authorization, approximately $230.5 million remains available for repurchases. The program's timing and amounts will be determined by management based on market conditions. The company generated $2.35 billion in revenue for fiscal 2019.

FTI Consulting (NYSE: FCN) announced that Michael Eisenband, Global Co-Leader of their Corporate Finance & Restructuring segment, will be inducted into the American College of Bankruptcy’s 32nd Class of Fellows. This accolade recognizes his extensive contributions to bankruptcy and insolvency. With over 30 years of experience in various sectors, Eisenband is noted for his leadership in restructuring advice for complex Chapter 11 cases. The firm emphasizes this recognition as a testament to his dedication to clients and the firm, reinforcing their expertise in the industry.