FTI Consulting Promotes Ten to Senior Managing Director Level
Baltimore, MD - December 20, 2007
FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced the promotion of ten professionals to the title of senior managing director.
“These ten outstanding professionals embody FTI's core values—integrity, quality, tenacity and relationships. They are recognized by their managers, peers and clients for their exemplary leadership in the areas of client service, business development and team development,” said Executive Vice President and Chief Operating Officer, Dominic DiNapoli. “We look forward to their continued contributions as we continue to grow and execute our business strategy.”
The new senior managing directors are:
Corporate Finance, Atlantam
As a member of the Transaction Advisory Services group of FTI Corporate Finance, Mr. Bingham has assisted both strategic and financial buyers throughout the deal continuum, including the identification of potential targets, due diligence, contract structuring and negotiation and transition planning. In addition, he has experience in advising clients on technical deal specifications, including leverage recapitalizations, stock versus asset acquisitions and taxation planning considerations. His prior industry experience spans several sectors including healthcare, manufacturing and technology. At FTI, Mr. Bingham has taken a lead role in developing FTI's Healthcare diligence platform. Prior to joining FTI, Scott was the business development leader for PricewaterhouseCoopers in Atlanta, and the U.S. practice leader of their healthcare transaction consulting practice.
Corporate Finance, Brentwood
Jim Braley is an experienced turnaround project leader in the FTI Healthcare group with particular expertise working with hospital boards of directors, as well as medical staffs and hospital CEOs. Mr. Braley serves as a project leader, directing teams that assess, advise and actively guide hospitals in improving competitiveness and viability. Mr. Braley has worked with hospitals ranging from small rural facilities to large academic medical centers. Prior to joining FTI Consulting, Mr. Braley has served as regional vice president for Quorum Health Services and also served as a multi-facility manger for the largest manager of non-profit hospitals in the United States. In addition he served as CEO for Huntsville Memorial Hospital in Huntsville, TX and Smith County Memorial Hospital in Carthage, TN as well as being assistant administrator and human resource director at West Paces Ferry Hospital in Atlanta. Mr. Braley is a Fellow in the American College of Health Care Executives.
Michael J. Buchanan
Forensic and Litigation Consulting, Dallas
Michael J. Buchanan provides statistical and economic analysis to clients involved in litigation, arbitration, mediation and other contexts in which parties are engaged in complex business disputes. Michael is the Labor and Employment product leader of FTI's Forensic and Litigation Consulting segment. Mr. Buchanan, an applied econometrician and sports economist, has significant experience in dispute matters and in dealing with large data sets, statistical modeling and forecasting. In addition to Mr. Buchanan's widespread industry experience, his engagement experience has included testifying at trial, deposition and through mediation as an expert witness. Mr. Buchanan has provided advisory and expert witness services to clients involved in labor/employment, product liability, intellectual property, lost profits and lost earnings matters.
Jayson S. Dukes
Forensic and Litigation Consulting, New York
Jayson Dukes has provided dispute advisory and forensic accounting services to attorneys and corporate clients for more than 16 years. He has extensive experience in the pharmaceutical and healthcare industries. Mr. Dukes has advised clients on a variety of governmental regulatory matters, including matters concerning Medicare and Medicaid reimbursement. He also has assisted in negotiating resolutions with many government agencies, including the Department of Justice, the United States Attorney's Office, and the Center for Medicare and Medicaid Services. In the pharmaceutical industry, Mr. Dukes has helped clients address government investigations and congressional and regulatory inquiries.
David A. Hile
Forensic and Litigation Consulting, Nashville
David A. Hile has over 18 years of experience providing forensic, litigation, operational, strategic and financial advisory consulting services to the healthcare industry. Mr. Hile's clients have included large academic medical centers, integrated health systems, national payor organizations, HMO's, specialty hospitals and providers, hospital districts, physician practices and independent practice associations. He has worked extensively with external and internal counsel, as well as management on financial, forensic, economic and accounting matters as they relate to the facts and the determination of values in litigation and dispute resolution, as well as assisting clients with DOJ, OIG, IRS and internal whistleblower investigations.
Forensic and Litigation Consulting, Atlanta
Erica Massaro-Hales has extensive experience in analyzing and transforming legal themes and arguments into compelling visual presentations for attorneys and their clients in major civil and criminal litigation matters. She consults with trial teams on the identification of key case strategies and the use of demonstrative evidence and multimedia technology in all litigation settings. Ms. Massaro-Hales has worked on hundreds of cases in her career with diverse needs ranging from graphics to courtroom technology. Prior to entering the field of trial services and litigation consulting, Ms. Massaro-Hales practiced law for over six years specializing in complex fraud and criminal cases. She is also engaged in all phases of litigation, including witness preparation, jury selection, presentation of evidence, and mock and direct cross examinations.
Corporate Finance, Brentwood
Steve Nathan is a senior executive for FTI Cambio, the turnaround solutions practice of FTI Healthcare, and has worked on various projects ranging from short-term consulting projects to providing interim management for comprehensive turnaround projects to providing testimony in bankruptcy court. He has led two large, complex turnaround projects: Wishard Health Services and Methodist Hospitals of Gary, Indiana. Prior to joining FTI Cambio, Mr. Nathan was the CEO of American Red Cross Blood Service (Florida), COO of Jackson Memorial Hospital and COO of Parkland Memorial Hospital. He has also worked as a hospital CFO, first line supervisor and budget director.
Ed Pfromer will lead the management of the FTI Partner Program, a strategic alliance and channels program, and is responsible for overseeing all aspects of marketing for the Technology segment. He has 20 years of experience in developing and delivering cost-effective, large-scale software development and information technology solutions. Upon joining FTI in 2005, Mr. Pfromer provided litigation and technical consulting to several of FTI's top clients and government agencies, including the New York City Law Department.
Corporate Finance, Brentwood
John Siedlecki is a senior executive for FTI Cambio, and has 23 years of experience in healthcare-related industries. Mr. Siedlecki helps to develop and provide operations improvement, turnaround and bond covenant violation solutions for underperforming hospitals and health systems. He also serves as a strategic advisor to hospitals seeking a capital partner. His expertise includes strategic and business planning, market plan development and implementation, and merger and acquisition. Mr. Siedlecki has served as a member of senior management teams and as an officer of companies in the healthcare sector, and has also provided litigation support to attorneys representing a major healthcare system in a legal dispute.
Corporate Finance, New York
Sean Windsor, who is with FTI's Corporate Finance Transaction Advisory Services group, has more than 20 years of financial advisory experience with international consulting firms, investment banks and private industry. He has extensive experience providing financial and operating transaction support, including business enterprise valuations, the identification of value drivers and deal breakers critical to the investment decision, acquisition structuring advice, quality of earnings and related cash flows assessments, quality of balance sheet, working capital, capital expenditure requirements, financing and negotiating strategies and purchase price allocations. Mr. Windsor has particular expertise in the energy and power sector where he leads financial due diligence deals and post-transaction projects.
About FTI Consulting
FTI Consulting is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 2,400 professionals located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.
Safe Harbor Statement
This press release includes "forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 that involve uncertainties and risks including statements related our future financial results. There can be no assurance that actual results will not differ from the company's expectations. The Company has experienced fluctuating revenue, operating income and cash flow in some prior periods and expects this will occur from time to time in the future. As a result of these possible fluctuations, the Company's actual results may differ from our projections. Further, preliminary results are subject to normal year-end adjustments. Other factors that could cause such differences include the pace and timing of the consummation and integration of past and future acquisitions, the Company's ability to realize cost savings and efficiencies, competitive and general economic conditions, retention of staff and clients and other risks described under the heading “Item 1A. Risk Factors” in the Company's most recent Form 10-K and in the Company's other filings with the Securities and Exchange Commission. We are under no duty to update any of the forward-looking statements to conform such statements to actual results or events and do not intend to do so.