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FTI Consulting Restructures Top Management to Foster Growth

Management service provider FTI Consulting, Inc. FCN recently announced some key changes in top management to fuel its growth engine. These include the appointment of new global leadership for the company’s Forensic & Litigation Consulting and Strategic Communications segments, effective Jan 1, 2018.

Strategic Promotions

Paul Ficca was promoted as the Global Segment Leader of the Forensic & Litigation Consulting segment from his existing position of Global Leader of the Construction Solutions practice. He will replace Neal Hochberg, who was at the helm since 2009.

FTI Consulting also promoted Mark McCall as the Global Segment Leader of Strategic Communications segment from his existing position of Global Chief Operating Officer and Head of the Americas He will take charge of this new post from Edward Reilly, who had steered the segment since 2011.

Professional Experience & Acumen

Ficca joined the company in 2003 and has risen through the ranks to serve as the Global Leader of the Construction Solutions practice since 2006. He was able to deliver sustained double-digit top- and bottom-line growth of the business thorough knowledge, key insights and leadership skills. He was instrumental in guiding a team of highly skilled professionals in successful ventures. The business was also honored on Forbes’ America’s Best Management Consulting Firms list for Construction & Infrastructure in 2017.

With more than two decades of rich experience, McCall led the Strategic Communications segment’s M&A, Crisis Communications & Special Situations practice. He specializes in developing and executing communications strategies for clients pursuing initial public offering, merger, acquisition, restructuring, as well as those seeking to manage their corporate reputation in relation to a crisis. He has also offered strategic counsel on complex communications challenges to numerous private and public clients.

Company Benefits

FTI Consulting expects to utilize the rich professional experience, business acumen and key leadership skills of the new promotees to boost its sagging shares through out-of-the-box ideas and deft guidance. FTI Consulting has underperformed the industry with a year-to-date loss of 18.6% as against rally of 13.7% for the latter. At the same time, the company intends to gain from the new roles of Hochberg and Reilly, who would focus on the largest global investigations & forensic accounting engagements and client development, respectively.

 



 

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Zacks Rank & Key Picks

FTI Consulting currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Accenture plc ACN and PageGroup plc MPGPF, both carrying a Zacks Rank #2 (Buy), and Stantec Inc. STN sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.  

Accenture has a long-term earnings growth expectation of 10.3%. It topped earnings estimates in each of the trailing four quarters with an average positive surprise of 2.6%.

PageGroup has a long-term earnings growth expectation of 15%. It topped estimates twice in the trailing four quarters with an average positive earnings surprise of 1.1%.

Stantec is currently trading at a forward P/E of 17.7x.

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Accenture PLC (ACN) : Free Stock Analysis Report
 
FTI Consulting, Inc. (FCN) : Free Stock Analysis Report
 
Stantec Inc. (STN) : Free Stock Analysis Report
 
PAGEGROUP PLC (MPGPF) : Free Stock Analysis Report
 
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