Finance Transformation Expert Michael Ovalles Joins FTI Consulting’s Office of the CFO Solutions Practice
Washington, D.C., April 4, 2017 — FTI Consulting, Inc. (NYSE: FCN) today announced that Michael Ovalles has joined the firm’s Office of the CFO Solutions (“OCFO”) practice as a Managing Director. He will be based in Miami.
Mr. Ovalles brings deep finance transformation expertise, including designing and implementing nimble and agile finance functions, to help chief financial officers (“CFOs”) deliver value to their organizations and external stakeholders at the lowest possible cost.
“CFOs must deploy resources effectively as they are called upon to provide greater insights into business strategy and operations,” said Gina Gutzeit, Leader of the OCFO Solutions practice and a Senior Managing Director at FTI Consulting. “With nearly 20 years of experience, Michael strengthens our ability to help clients achieve efficiencies and address opportunities in their finance organizations.”
Mr. Ovalles partners with clients in a range of industries, providing expertise in finance function and back-office optimization through integration, cost reduction, operating model realignment, organizational structure redesign, financial reporting simplification, and other finance transformation initiatives.
Mr. Ovalles was most recently a Director at PricewaterhouseCoopers, where he specialized in finance transformation.
“Forward-looking CFOs are constantly evolving the operating model of the finance function in view of increasing challenges, changing demands and the impact of technology megatrends,” Mr. Ovalles said. “Game changers like Big Data and analytics, cloud and mobile present both challenges and opportunities for CFOs to rethink their finance organizations, but they typically have limited resources and lack the required expertise to stay ahead of the game. I am excited to join the OCFO practice and have the power of the firm’s global platform and industry expertise to help clients overcome these challenges and capitalize on these opportunities.”
The OCFO Solutions practice at FTI Consulting provides a breadth of holistic, practical, value-enhancing solutions to address people, process and technology gaps. The practice’s programs are designed to preserve, create and sustain value and to help CFOs set direction for success with clear, concise communications. FTI Consulting professionals collaborate with CFOs and their finance and accounting organization to provide transformation services, prepare for and execute events, implement solutions to build confidence, clarity, controls and consistency that allow the company to achieve greatness.
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