WASHINGTON, June 26, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced the appointment of Greg Parker as a Senior Managing Director in the Construction, Projects and Assets practice within the firm's Forensic and Litigation Consulting segment. Mr. Parker, who is based in Miami, has more than 35 years of experience in construction and capital projects and has provided strategic solutions for clients across North America and Europe, playing a key role in the control, management and perf ...

Core Insights - FTI Consulting has launched a cross-segment digital offering that utilizes its extensive industry expertise to address evolving client needs in the digital landscape [5][6] Digital Offering Overview - The new offering integrates various digital services to provide expert-driven solutions for clients facing complex challenges due to emerging technologies like generative AI and blockchain [2][5] - FTI Consulting's team includes over 1,100 professionals across nine distinct areas, ensuring customized solutions for executives and organizations [7] Key Areas of Expertise - **Artificial Intelligence**: FTI Consulting employs over 100 data scientists and technologists to deliver AI-driven solutions that create value and minimize risk [2] - **Blockchain & Digital Assets**: The firm has a specialized team that includes digital forensic investigators and cybersecurity specialists to combat fraud and explore innovations in decentralized ecosystems [2] - **Cybersecurity & Privacy**: A strategic approach to global cybersecurity challenges is emphasized, with a multidisciplinary team maintaining relationships with intelligence agencies and regulatory authorities [2] - **Data & Analytics**: Experts focus on empowering businesses with tailored digital platforms and solutions, including AI risk advisory [2] - **Digital Transformation**: The firm’s consultants have experience leading successful digital transformations, which are critical for competitive advantage [2] Industry Context - A 2023 survey indicated that only 25% of European executives felt their digital transformations were successful, highlighting the need for effective strategies to drive growth [6] - FTI Consulting generated $3.49 billion in revenues during fiscal year 2023, reflecting its strong market position and expertise in managing complex business challenges [9]

"The aviation industry faces a challenging regulatory environment while confronting supply chain constraints, workforce shortages and sustainability objectives," said Martin Kuehne, newly appointed leader of the Business Transformation offering within the global Aviation practice, which he co-leads with Marc Bilbao, and CoLeader of the Human Capital practice at FTI Consulting. "Steve and David bring a level of expertise in strategy and business planning that complements our existing capabilities, allowing u ...

Core Insights - The FTI Consulting Hospital Operations Outlook Survey reveals that workforce shortages, financial performance, and risks associated with new technologies are primary concerns for hospital leaders [1][2][3] Workforce Challenges - Nearly half (49%) of hospital executives believe their institutions are not fully prepared to handle current patient volumes due to workforce shortages [3][4] - Hospital leaders are encouraged to adopt targeted insights to effectively recruit and retain talent, moving away from broad approaches to more customized strategies [4] Financial and Operational Performance - Almost all surveyed hospital executives (99%) express concerns regarding financial performance and the need for effective communication with regulators and communities to safeguard their reputations [2][5] - The shift towards value-based care is evident, with 99% of hospitals adopting this model, driven by patient-centered care (44%) and quality improvement initiatives (40%) [3] Cybersecurity Risks - A significant concern among hospital leaders is cybersecurity, with 55% admitting they are not well-prepared for a cyber attack, and 50% identifying data loss or compromise as their biggest worry [3][4][9] - The need for a holistic preparedness approach that includes both technical and communication strategies for cybersecurity is emphasized [9] Survey Methodology - The survey was conducted online by FTI Consulting's Strategic Communications segment from March 27, 2024, to April 4, 2024, involving 186 senior executives from various hospital types [10]

Company Overview - FTI Consulting Inc. is a global business advisory firm focused on helping organizations manage change, mitigate risk, and resolve disputes across various domains including financial, legal, operational, political, regulatory, reputational, and transactional matters [9] - The company has over 8,000 employees in 33 countries and territories, generating $3.49 billion in revenues during fiscal year 2023 [9] Appointment of Dr. Stefan Heissner - Dr. Stefan Heissner has been appointed as a Senior Managing Director in the Forensic and Litigation Consulting segment in Germany, effective July 1, 2024 [1] - He joins FTI Consulting from PwC, where he co-led the Risk and Regulatory Consulting practice in Germany and led Forensic Services in EMEA [2] - Dr. Heissner has a 15-year career with the German police force, including five years as a detective specializing in white-collar crime and corruption [7] Strategic Importance - The appointment of Dr. Heissner is seen as a strategic move to enhance FTI Consulting's capabilities in the DACH region (Germany, Switzerland, and Austria) amid increasing financial crime and regulatory complexities [4][5] - Renato Fazzone, a Senior Managing Director at FTI Consulting, emphasized the value of Dr. Heissner's expertise in helping clients identify and mitigate fraud, corruption, and misconduct [4] - Rory O'Brien, EMEA Head of the Forensic and Litigation Consulting segment, noted that the demand for forensic services will continue to grow, particularly among large businesses [5] Leadership and Expertise - Dr. Heissner will lead the Forensic Accounting & Fraud Investigations offering and will be part of the EMEA leadership team [7] - He holds two degrees and a Ph.D. in Economics and is a Certified Fraud Examiner [8]

WASHINGTON, May 29, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Michael Spadea as a Senior Managing Director and North America Leader of the Information Governance, Privacy and Security practice within the firm's Technology segment. Mr. Spadea, who is based in Seattle, helps clients obtain value from their data by building strong governance programs that mitigate digital risk while enabling growth. Mr. Spadea supports organizations across industries and geogr ...

WASHINGTON, May 16, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Kendall Pelander as a Senior Managing Director in the Healthcare Business Transformation practice within the firm's Corporate Finance & Restructuring segment. "The digital healthcare landscape is rapidly evolving and providers must adapt to be able to deliver high-quality care to patients. We at FTI Consulting have likewise adapted and broadened our focus, investing deeper into the multifaceted a ...

Core Viewpoint - FTI Consulting has appointed Charlie Armitstead as Senior Managing Director and UK Head of Capital Markets, aiming to enhance its strategic communications segment and drive growth in the UK and internationally [1][4]. Company Overview - FTI Consulting, Inc. is a global business advisory firm with over 8,000 employees in 33 countries, focusing on helping organizations manage change, mitigate risk, and resolve disputes [6]. - The company generated $3.49 billion in revenues during fiscal year 2023 [6]. Appointment Details - Charlie Armitstead brings over 25 years of experience in capital markets and financial communications, previously leading the Financial Communications practice at Teneo [2]. - He co-founded Pendomer Communications in 2011, which was sold to Teneo in 2016 [2]. - Armitstead has a history with FTI Consulting, having started his career there in 1999 and worked in various locations including London, New York, and Washington, D.C. [3]. Strategic Impact - His appointment is expected to strengthen FTI Consulting's capabilities in advising large organizations during critical growth moments [4]. - John Waples, EMEA Chair and UK Head for Strategic Communications at FTI Consulting, highlighted Armitstead's impressive track record with landmark transactions and high-profile situations as invaluable for the firm's growth trajectory [5].

HONG KONG, May 06, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced the appointment of Roy Huang as the Head of Asia & Caribbean, effective 3 May 2024. Based in Hong Kong, Mr. Huang will have executive responsibility for driving growth across the region through strengthening the firm's core service capabilities and bringing the firm's collective expertise to clients. Mr. Huang also will reinforce the Business Transformation practice in Asia, as well as relationships with private equi ...

WASHINGTON, May 01, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced the appointment of economics and litigation expert Bryan Perry as a Senior Managing Director in the Center for Healthcare Economics and Policy within the firm's Economic Consulting segment. Mr. Perry has more than a decade of experience working in antitrust and healthcare markets, specializing in economic analysis for complex commercial litigation matters. In his role at FTI Consulting, Mr. Perry will conduct cuttin ...