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Business Transformation Industry Leader Appointed to Lead FTI Consulting's North Asia Offering
GlobeNewswire News Room· 2024-10-17 00:00
WASHINGTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of transformation and change management expert Sunny Yi as a Senior Managing Director and Leader of the North Asia Business Transformation practice. Mr. Yi has more than 30 years of industry and consulting experience in transformation, change management, organisation and leadership design. He has specialised expertise in the financial services, private equity, manufacturing and service-provider ind ...
Organizations Are Least Prepared for Crises that Pose the Greatest Risk, According to FTI Consulting-Sponsored General Counsel Survey
GlobeNewswire News Room· 2024-10-15 08:00
More Than Two-Thirds of Surveyed Organizations Do Not Conduct Crisis Scenario Drills Based on Learnings from Past Events About 60% of GCs Surveyed Reported Being More Involved in Organizational Crisis Management Strategy Close to 70% of Surveyed Organizations Lack a Cross-Functional Crisis Response Team or Pre-Selected External Advisors WASHINGTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Organizations are least prepared for crises that pose the greatest risk to their business and are slow to implement lessons tha ...
FTI Consulting Adds Geopolitical Expert Jens Paulus as a Senior Managing Director
GlobeNewswire News Room· 2024-10-10 13:13
FRANKFURT, Germany, Oct. 10, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jens Paulus as a Senior Managing Director in the Forensic and Litigation Consulting segment. Mr. Paulus, who is based in Berlin, has advised corporate and public clients on a wide range of risk, compliance and geopolitical-related matters for more than 20 years. In his role at FTI Consulting, he will help clients develop strategies to navigate disruption and global megatrends, such as cl ...
FTI Consulting's Technology Segment Launches IQ.AI for Legal and Compliance
GlobeNewswire News Room· 2024-10-08 11:30
WASHINGTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm's Technology segment has launched IQ.AI by FTI Technology™, artificial intelligence solutions that address a range of client issues across disputes and investigations, antitrust and data breach response. FTI Technology's digital insights and risk management experts, attorneys, data scientists and consultants designed and deliver IQ.AI as a proprietary combination of workflows and expertise for applyi ...
FTI Consulting Strengthens Global Insurance Services Practice with Senior Hire
GlobeNewswire News Room· 2024-10-07 11:30
Company Expansion and Leadership - FTI Consulting expands its Global Insurance Services practice with the appointment of Maria Filipakis as a Senior Managing Director within the Forensic and Litigation Consulting segment [1] - Maria Filipakis brings nearly two decades of experience in government roles, including as a litigator, enforcement lawyer, and regulator in securities, banking, and insurance [2] - She previously served as the first Executive Deputy Superintendent of the Capital Markets Division at the New York State Department of Financial Services, leading the development of pioneering regulations in cybersecurity and digital currencies [3] Expertise and Role at FTI Consulting - Maria Filipakis will support clients in the financial services industry with regulatory, compliance, claims challenges, risk management, due diligence, and financial analysis [4] - Her diverse background in insurance and cybersecurity will help clients address a wide range of compliance and regulatory challenges [4] - Prior to joining FTI Consulting, she co-founded and served as a Managing Partner at the Topside Group, focusing on strategic and regulatory matters in securities, insurance, banking, cybersecurity, and digital currencies [5] Industry Trends and Client Needs - The insurance industry has seen a shift in recent years due to emerging risks related to artificial intelligence, compliance, regulation, and litigation [5] - FTI Consulting professionals combine industry expertise with technical acumen to guide clients through these evolving challenges [5] - Businesses are reassessing risk management approaches amid a challenging regulatory landscape and advancements in artificial intelligence [6] Company Overview - FTI Consulting is a global business advisory firm with over 8,000 employees across 33 countries and territories, helping organizations manage change, mitigate risk, and resolve disputes [7] - The company generated $3.49 billion in revenues during fiscal year 2023 [7] - FTI Consulting provides services through distinct legal entities in certain jurisdictions, which are separately capitalized and independently managed [7]
FTI Consulting to Release Third Quarter 2024 Results and Host Conference Call
GlobeNewswire News Room· 2024-10-03 11:30
WASHINGTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the third quarter ended September 30, 2024 before the New York market opens on Thursday, October 24, 2024. A conference call will be held to discuss these financial results on Thursday, October 24, 2024, 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 logging onto the Comp ...
TechnipFMC Secures Two Petrobras Subsea Contracts in Brazil
ZACKS· 2024-09-23 12:25
UK-based oilfield service provider TechnipFMC plc (FTI) has been awarded two major subsea contracts by Petrobras S.A. (PBR) , a Brazilian oil and gas major. These contracts are seen to be a significant step toward the development of the hydrocarbon resources in Brazil's offshore oil fields. TechnipFMC claims that manufacturing and servicing of all the equipment will be done locally to ensure that the country benefits from these contracts and its pre-salt reserves develop continually. FTI Stock to Gain From ...
FTI Consulting Adds EY Global M&A Leader to Transactions Practice
GlobeNewswire News Room· 2024-09-23 11:30
WASHINGTON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Brian Salsberg as a Senior Managing Director and Global Head of M&A in the Transactions practice within the firm's Corporate Finance & Restructuring segment. Mr. Salsberg, who is based in New York, is a highly experienced M&A professional, having successfully led clients through more than 100 acquisitions, mergers, joint ventures and divestitures. He joins FTI Consulting from EY, where he was t ...
Don't Overlook These 3 Energy Stocks With Stellar EPS Growth
ZACKS· 2024-09-20 20:01
We know that Oil – Energy stocks can take a sudden turn for the good (or bad), making stock picking a risky game. Let's look at three stocks — TechipFMC plc (FTI) , Murphy USA (MUSA) and Sunoco LP (SUN) — with substantial EPS growth over the last few years, which investors may want to consider at the current levels. TechipFMC: While many energy companies are struggling with volatility in energy prices in the current market environment, TechipFMC is at the top of the list of stocks to have reached "Buy" terr ...
2 Stocks to Gain From Upward Pressure on Deepwater Dayrates
ZACKS· 2024-09-19 20:01
Offshore rig contractor Noble Corporation's (NE) CEO, Robert Eifler, recently shed light on the future of deepwater drilling, predicting that dayrates for rigs could rise to $600,000 per day by 2026. This optimistic outlook hinges on expected growth in global deepwater spending, which Noble forecasts will average $79 billion annually in 2026 and 2027. This would mark a 20% increase from 2023-2025, reflecting oil producers' renewed focus on deepwater exploration. As dayrates largely dictate the amount of rev ...