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 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.
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FTI Consulting (NYSE: FCN) received the 2020 Special Contribution Award for its significant role in delivering personal protective equipment to New York City during the COVID-19 pandemic. Recognized at the Procurement Success Awards, the firm collaborated with the City Mayor's Office and suppliers in China to ensure quality and timely deliveries. FTI's efforts included enhancing inventory systems and logistics, ultimately supporting healthcare workers on the frontlines. The company continues to focus on risk management and operational challenges in a complex business landscape.
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FTI Consulting (NYSE: FCN) released findings from its annual study on corporate legal departments, highlighting how the pandemic has intensified the roles of general counsel. Most respondents indicated they face significant challenges, including dispersed workforces and technology adoption. Key findings show 84% of general counsel are now responsible for employee well-being, while 32% use AI for legal functions. The study underscores the reliance on outside legal services due to expertise gaps, and the need for improved technological competence among legal teams.
FTI Consulting (NYSE: FCN) announced the recognition of William Perlstein, Senior Managing Director, with the American College of Bankruptcy's 2020 Distinguished Service Award. This award honors significant contributions to insolvency and bankruptcy practices. Perlstein is acknowledged for his extensive experience, previously leading notable firms and legal teams, particularly at BNY Mellon. Steven H. Gunby, President and CEO, praised Perlstein's commitment to client service. FTI Consulting specializes in business advisory, generating $2.35 billion in revenue for 2019.
FTI Consulting (NYSE: FCN) announced the appointment of Michele Booth and Sumeet Gupta as Senior Managing Directors in the Business Transformation practice. Booth, based in Chicago, brings over 15 years of consulting experience focused on customer experience and digital strategy. Gupta, based in Dallas, has 20 years of experience in digital product expertise and engineering leadership. Their expertise aims to enhance revenue growth and implement strategic digital transformation initiatives, addressing the growing demand for improved customer experiences.