WASHINGTON, Feb. 06, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Matteo Dominianni and Alexey Timashkov as Senior Managing Directors in FTI Delta, the firm’s strategy consulting practice within the Corporate Finance & Restructuring segment. Mr. Dominianni and Mr. Timashkov bring a wealth of experience, having held senior leadership roles at companies such as Orange, Boston Consulting Group, AlixPartners and Telecom Italia. “We’ve seen the telecom and media indus ...

WASHINGTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced that the firm's Technology segment has entered into a teaming agreement with iManage, the company "dedicated to Making Knowledge Work™". This alliance will support FTI Technology's Corporate Legal Operations practice in providing clients with cloud-based, fit-for-purpose solutions to solve legal department and law firm knowledge work-related challenges. "The majority of legal departments anticipate an increase in t ...

WASHINGTON, Jan. 30, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024 before the New York market opens on Thursday, February 20, 2025. A conference call will be held to discuss these financial results on Thursday, February 20, 2025, at 9:00 a.m. Eastern Time and will be hosted by senior management. The conference call will be simulcast live on the Internet and can be accessed by loggi ...

Core Insights - FTI Consulting has appointed Giuseppe Farinacci as a Senior Managing Director in the Business Transformation practice, aimed at enhancing the firm's transformation expertise and Corporate Finance & Restructuring segment growth [1][2]. Company Overview - FTI Consulting is a global business advisory firm focused on helping organizations manage change, mitigate risk, and resolve disputes across various domains [6]. - The company generated $3.49 billion in revenues during fiscal year 2023 [6]. Appointment Details - Mr. Farinacci will provide strategic advice on financial and operational turnaround strategies, addressing critical challenges such as modernizing legacy systems and managing liquidity concerns [2][3]. - He brings 27 years of consulting experience in financial and operational transformations, advising across diverse industries including retail, aerospace, energy, and business services [3][4]. - His previous roles include Partner and Director at BCG, and positions at AlixPartners and Arthur Andersen [4]. Market Demand - There has been a significant increase in client demand for skilled transformation expertise, making Mr. Farinacci's appointment timely and strategic [3]. - The firm aims to enhance its capacity to support clients during critical operational and financial transitions, particularly in the Italian and international markets [5]. Recent Developments - Mr. Farinacci's appointment follows the addition of financial restructuring expert Enrico Valdata, who joined as a Managing Director in December 2024 [5].

Washington, D.C., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Legal department leaders worldwide are taking more strategic ownership across their organizations and expanding their influence outside the legal department, according to the 2025 ACC Chief Legal Officers Survey, released today by the Association of Corporate Counsel (ACC), in partnership with FTI Consulting, Inc. (NYSE:FCN). The survey fielded by ACC is now in its 26th year and provides detailed analysis of the evolving role of the Chief Legal Officer ("C ...

RIYADH, Saudi Arabia, Jan. 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Wael Osman as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment in Saudi Arabia, which will strengthen the firm’s tax offering in the Middle East. In his role at FTI Consulting, Mr. Osman will lead the launch of the tax practice in Saudi Arabia, supporting the firm’s growing regional client base on tax matters as they operate and expand businesses in th ...

Global CFO Sentiment and Expectations - Nearly three-quarters (72%) of CFOs expect revenue growth of 10% or more over the next 12 months [1] - More than three-quarters (77%) of CFOs from larger companies (revenues > $5 billion) remain highly optimistic about revenue growth due to supply chain improvements and favorable market conditions [3] - Mid-market firms (revenues between $100 million and $1 billion) show a decline in optimism, with only 67.5% of CFOs predicting double-digit growth for 2025, down from 76% in 2024, attributed to rising costs, increased competition, and talent shortages [4] CFO Role Evolution and Strategic Priorities - CFO roles have expanded beyond traditional financial stewardship, with increased emphasis on strategic planning to navigate technological advancements and evolving business models [5] - CFOs are actively driving growth through finance-led decision support and taking a more significant role in business strategy [6] - Cybersecurity is ranked among the top three strategic priorities for CFOs globally, with 75% of North American respondents citing cyber attacks as a top challenge [8] - CFOs are increasingly investing in AI tools, with 87% planning to use AI within the next 12 months to enhance predictive capabilities [8] Operational Trends and Challenges - Outsourcing of finance functions has increased by 11% from 2024 to 2025, reflecting a growing reliance on external capabilities to enhance operational efficiency and reduce costs [8] - CFO turnover rates are shifting, with a 5% increase in respondents believing CFO tenure is five years or longer, indicating organizations value strategic leadership from CFOs in navigating complex challenges [8] - Forecasting accuracy remains a critical area for improvement, with 85% of CFOs identifying it as a primary focus [8] Company Overview - FTI Consulting is a global business advisory firm with over 8,300 employees across 34 countries, generating $3.49 billion in revenues during fiscal year 2023 [7]

WASHINGTON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the release of its 2025 Global CFO Report, which reveals almost three-quarters (72%) of Chief Financial Officers expect revenue growth of 10% or more over the next 12 months. The survey, which collected the views of 655 senior finance executives across North America; Europe, the Middle East and Africa; Asia; and Australia, was conducted by the firm’s Office of the CFO Solutions practice in collaboration with CFO D ...

Core Insights - 79% of industry leaders express optimism about the healthcare and life sciences sector, an increase of 11% from the previous year [1] - 66% of leaders anticipate higher M&A activity in 2025, with 40% expecting improved capital-raising capabilities, reflecting renewed confidence in deal-making [2] - The industry is focusing on acquiring late-stage assets, particularly in obesity treatments, immuno-oncology, gene editing, and AI-powered drug discovery [3] Challenges and Risks - Economic uncertainty (38%) is viewed as the primary challenge, followed by cybersecurity incidents (23%) and political uncertainty (22%) [3] - Political uncertainty has gained attention due to potential implications of the U.S. presidential election [3][4] - 68% of respondents have a crisis communications plan, and 53% have engaged in crisis simulations, indicating increased preparedness for cybersecurity threats [5] Political Landscape - Nearly 60% of respondents believe a potential second Trump administration would positively impact their business [4] - Industry leaders expect a focus on reducing federal regulations and promoting market-based solutions, although significant reforms may face political hurdles [5] Survey Methodology - The survey was conducted online with 250 decision-makers in the healthcare and life sciences sector from September 24 to October 9, 2024 [7] - 43% of respondents represent large companies with over 250 employees, and approximately 35% are from publicly listed companies with an average market cap of $5 billion [7]

79% of Industry Leaders Feel Optimistic About Industry’s Potential Economic Uncertainty, Cybersecurity Incidents and Political Uncertainty Seen as Key Challenges Industry Increasingly Investing in Cybersecurity Preparedness WASHINGTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the results of its U.S. Healthcare & Life Sciences Industry Outlook 2025, which found that after years of tempered expectations, 79% of leaders are increasingly optimistic about the industry a ...