FTI Consulting Hires Mary Barnes, Bruce Burton, Mark Weinsten & Scott Bingham
New Professionals Exemplify and Enhance Diverse Talent, Expertise of FTI's Forensic and Litigation Consulting & Corporate Finance Practices
Baltimore, MD - October 23, 2006
FTI Consulting, Inc. (NYSE: FCN), the leading global consulting firm to organizations confronting the critical legal, financial and reputational issues that shape their futures, today announced the appointments of senior managing directors Mary Barnes and Bruce Burton in the Forensic and Litigation Consulting practice, and senior managing director, Mark Weinsten, and managing director Scott Bingham, in the Corporate Finance practice.
Commenting on the new appointments, Dominic DiNapoli, FTI's chief operating officer, said, “At FTI, our priority is to not only identify and meet the needs of our clients and the marketplace, but to surpass them. This goal requires careful expansion of our elite talent pool. Mary, Bruce, Mark and Scott bring with them the diversity of talent and expertise that are integral to FTI providing the highest level of client service.”
Mary G. Barnes joins FTI as a senior managing director in FTI's Forensic and Litigation Consulting segment. Ms. Barnes, who will be located in FTI's New York office, will focus on the financial services industry with a primary concentration on commercial and investment banking.
Ms. Barnes has more than 25 years experience in consulting and executive management in the financial services industry. Most recently, her consulting efforts have included the areas of internal controls, regulatory compliance and reporting, risk management, forensic investigations and technology.
Ms. Barnes joins FTI from KPMG, where she was the global lead partner for one of the top financial services organizations. In this role she managed activities across all businesses and functions of the client (e.g. tax, transaction services, forensics, etc.), domestically and globally, including leading the transformation of a segment of the client's finance function, and identifying and providing advice around regulatory reporting issues.
Prior to her tenure at KPMG, Ms. Barnes was a partner in the financial services practice at Bearing Point and a senior executive at Bank of America where she led an internal consulting group.
Ms. Barnes earned a BS in Industrial Engineering at the University of Texas, Arlington.
Bruce Burton joins FTI as a senior managing director in the Forensic and Litigation Consulting's growing Intellectual Property practice. Mr. Burton is based in Chicago and will focus on developing FTI's Technology & Intellectual Property Management (TIPM) capabilities, which includes helping clients identify, protect, manage and extract value from their intellectual assets.
Prior to joining FTI, Mr. Burton was a partner and the national leader of the intellectual asset management practice at Deloitte Consulting, a role in which he consulted on issues involving strategy, management, valuation, licensing, process design, M&A, tax planning, litigation, bankruptcy and other matters all in relation to intellectual property and related assets.
Mr. Burton's industry experience is broad and includes aerospace, automotive, consumer goods, higher education, pharmaceuticals, telecommunications and other high-tech industries. He has particular expertise in all phases of technology commercialization, IP strategy and implementation procedures, IP due diligence, IP-related mergers and acquisitions, and IP best practices.
Mr. Burton holds an MBA from the University of Chicago and a BA from the University of Washington. He is a CPA, a CMA and a CFE.
Mark Weinsten returns to FTI as a senior managing director in FTI's Corporate Finance practice after spending the past year as CFO of GVV, where he was responsible for business plan development and raising capital. Based in FTI's Boston office, Mr. Weinsten works with clients including boards of directors, equity sponsors, management of distressed companies and creditors and bank groups. His role includes assisting clients in creating and implementing business strategies and operational improvements, performing analyses related to capital budgeting and raising decisions, conducting operations and organization reviews to identify areas for clients to reduce costs and enhance productivity, and has served in interim management developing business plans and financial projections to provide guidelines and targets for client growth and development.
Prior to joining FTI, Mr. Weinsten was a partner in PricewaterhouseCoopers' business recovery services practice (which was acquired by FTI in 2002) and assisted underperforming companies and their various constituents across a breadth of industries. Before that he was in the management consulting department of Grant Thornton.
Mr. Weinsten holds an MBA from the Wharton School at the University of Pennsylvania and a BS in economics from Carnegie-Mellon University. He is a member of the American Bankruptcy Institute and the Turnaround Management Association. He has also been an adjunct professor at Babson College's Olin School of Business, where he has taught turnaround finance and management to MBA students.
Scott Bingham joins as a managing director in FTI's Corporate Finance practice, Transaction Advisory Services group. In his new role, Mr. Bingham will be part of FTI's Atlanta Transaction Advisory Services group, and will focus on extending FTI's presence in the Southeast.
Mr. Bingham brings over 14 years of experience to his new position, the last nine of which were spent at PricewaterhouseCoopers. Most recently, he served as the advisory practice leader for healthcare transaction consulting, a role in which he coordinated the firm's resources for supplying strategic, operational and financial healthcare diligence consulting for private equity and venture capital clients.
Mr. Bingham's extensive experience in transaction services also includes a five-year tenure as the director of the transaction services division at PricewaterhouseCoopers, where he served as a transaction consultant for both strategic and financial buyers throughout the deal continuum, and where he advised clients on a myriad of deal technicalities, including due diligence, contract structuring and negotiations, transition planning, leverage recapitalizations, etc. Prior to his experience at PricewaterhouseCoopers, Mr. Bingham was the director of corporate development at The MRC Group, formerly Medifax, Inc., a private equity-backed venture. Mr. Bingham holds a BS in Accounting from Miami University and is a CPA.
About FTI Consulting
FTI is a leading global firm that organizations rely on for advice and solutions in the areas of forensic analysis, investigation, economic analysis, restructuring, due diligence, strategic communication, financial communication and technology when confronting the critical legal, financial and reputational issues that shape their futures. FTI delivers solutions every day through its network of nearly 2,000 professionals in offices in every major business center in the world.