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 (NYSE: FCN) will release its financial results for the second quarter of 2020 on July 30, 2020, before the New York market opens. A conference call to discuss these results is scheduled for 9:00 a.m. Eastern Time on the same day, hosted by senior management. The call will be available live online, and a replay will be accessible for 90 days. In the previous fiscal year, FTI Consulting generated $2.35 billion in revenues. The company operates globally with over 5,500 employees in 27 countries.
FTI Consulting (NYSE: FCN) has appointed Daniel P. Wikel as Senior Managing Director in its Turnaround & Restructuring practice. Based in Chicago, Wikel brings extensive experience in managing corporate turnarounds, restructurings, and capital advisory. He previously led the Corporate Advisory Services at Huron Consulting Group and has worked with various industries including logistics and consumer products. This appointment is seen as pivotal for FTI Consulting amid ongoing financial challenges for clients due to the pandemic, according to Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment.
FTI Consulting (NYSE: FCN) has appointed Andrew McCarthy as Senior Managing Director and Anna Bleazard as Managing Director in its Financial Crime Compliance practice in Singapore. This move aims to strengthen its offerings in Southeast Asia. McCarthy brings extensive experience in anti-money laundering and compliance, while Bleazard has a strong background in forensic accounting and fraud investigations. The firm generated $2.35 billion in revenues in fiscal year 2019, positioning it as a key player in the business advisory sector.
On July 6, 2020, FTI Consulting (NYSE: FCN) appointed Mathias Samson as Senior Managing Director leading its Public Affairs practice in Germany. Samson, an expert in economic, environmental, and energy policy, previously served as State Secretary in the Hessian Ministry of Economics. His role involves advising clients on navigating complex challenges and mitigating political risks. He aims to enhance stakeholder engagement strategies while collaborating with FTI’s global network. The firm generated $2.35 billion in revenue in 2019, emphasizing its strength in strategic communications and consulting services.
FTI Consulting (NYSE: FCN) has appointed Heiko Ziehms and Dr. Ekaterina Lohwasser as Senior Managing Directors to spearhead growth in the Economic Consulting segment in Germany. Ziehms brings over 20 years of experience in quantification of damages and forensic accounting, while Lohwasser has 18 years of expertise in the German market, specializing in valuation issues. Their appointments aim to enhance expert witness services amid increasing demand in international arbitration and litigation.
FTI Consulting (NYSE: FCN) has announced the appointment of Kevin Barrentine as Senior Managing Director within its Corporate Finance & Restructuring segment. Based in Atlanta, Barrentine brings over 30 years of experience in restructuring and performance improvement. He has extensive expertise in managing distressed businesses across various industries. His addition is part of FTI's ongoing investment in this practice amid significant client challenges. The firm previously appointed Matt Callaghan and Kieran Douglas to bolster its leadership in restructuring and insolvency.
FTI Consulting (NYSE: FCN) announced the appointment of four new directors within its Technology segment across EMEA, effective June 11, 2020. The new leaders, Jonathan Chan, Renato Fazzone, Richard Palmer, and Grainne Bryan, will enhance the firm's capabilities in e-discovery, data analysis, and legal consulting. Chan will focus on e-discovery projects, Fazzone will lead the Germany operations, Palmer specializes in AI analytics, and Bryan will establish a presence in Ireland. This initiative underlines FTI's commitment to providing expert solutions to clients navigating legal and regulatory challenges.
FTI Consulting, Inc. (NYSE: FCN) has appointed Rocco deGrasse as Senior Managing Director and Midwest Leader in its Global Risk and Investigations Practice. Based in Chicago, deGrasse brings over a decade of expertise in FCPA compliance and investigations. He previously served as Co-Chair at The Claro Group and spent 15 years at KPMG LLP, where he focused on fraud and misconduct investigations. The firm aims to expand its forensic practice in Chicago, leveraging deGrasse's extensive network and experience.
FTI Consulting announces the appointment of Matt Callaghan as Senior Managing Director in its Corporate Finance & Restructuring segment, focusing on the UK mid-market and insolvency. Callaghan, who has a 17-year background at PwC, adds significant expertise in restructuring and insolvency cases across multiple industries. His appointment is expected to enhance FTI's market-leading insolvency services and strengthen its position as a leading global restructuring firm, following recent accolades in the sector.
FTI Consulting (NYSE: FCN) announced a definitive agreement to acquire certain assets of Delta Partners, a TMT-focused consulting and investment banking firm. The acquisition, anticipated to close in Q3 2020, aims to enhance FTI's strategy consulting capabilities and extend its global presence. Delta Partners adds approximately 150 professionals, including senior managing directors, bolstering FTI's existing team. This strategic move is expected to serve major TMT players and offer a wider range of services, significantly strengthening FTI's advisory capabilities in a competitive market.