FTI Consulting Appoints Michael Murphy to Corporate Finance/Restructuring Practice
Professional Brings Senior Communication & Cable Industry Expertise
Englewood, CO - May 25, 2005
FTI Consulting, Inc. (NYSE: FCN), the premier provider of corporate finance/restructuring, forensic/litigation/technology and economic consulting, today announced the appointment of Michael Murphy as a senior managing director in the Corporate Finance/Restructuring practice. Mr. Murphy will lead the cable, satellite and content sectors within FTI's Communications and Media offering.
Mr. Murphy has over 20 years of experience in leadership, strategy development, start-up enterprises, turnarounds, program management, mergers & acquisitions, and P&L management within the communications and content industries. He was previously president and CEO of Am-Beo Limited, a European software and services company focused on the telecommunications and content industries. During Mr. Murphy's leadership at Am-Beo, the company successfully completed venture capital financing and as part of the company's turnaround, he led the re-engineering of its products, service offerings, and go-to-market channels.
Prior to his tenure at Am-Beo, Mr. Murphy was a managing director at BearingPoint, Inc., where he was responsible for delivering a wide range of products, broadband solutions, and services to cable, CLEC and LEC service providers. Prior to that, he was a partner with Arthur Andersen's business consulting group, where he led their national cable industry practice, developing and delivering a wide range of advisory services in operations, new product launches and cost reductions. Mr. Murphy's other relevant industry experience includes his tenures at American Management Systems, Inc, Regenex Inc. and US West Inc. Throughout his career he has worked extensively in Europe and Asia Pacific.
Commenting on the new appointment, Jack Dunn, president and chief executive officer said, “We are pleased to welcome Mike to our team. FTI's commitment to developing and implementing superior revitalization, restructuring and investment strategies depends on our ability to recruit the highest caliber professionals in each industry. Mike's expertise in the broadband and content industries will consolidate an already distinguished Communications and Media offering.”
About FTI Consulting
FTI is the premier provider of corporate finance/restructuring, forensic/litigation/ technology, and economic consulting. Located in 24 of the major U.S. cities, London and Melbourne, FTI's total workforce of more than 1,000 employees includes numerous PhDs, MBA's, CPAs, CIRAs, CFEs, and technologists who are committed to delivering the highest level of service to clients. These clients include the world's largest corporations, financial institutions and law firms in matters involving financial and operational improvement and major litigation. Additional information is available at: www.fticonsulting.com.