FTI Consulting, Inc. Promotes Ten Professionals to Senior Managing Director

WEST PALM BEACH, Fla., Feb 02, 2009 /PRNewswire-FirstCall via COMTEX/ -- 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.

"I would like to congratulate these ten exemplary professionals on their accomplishments and in achieving the highest level of distinction among FTI professionals," said Executive Vice President and Chief Operating Officer, Dominic DiNapoli. "These individuals have shown outstanding leadership, especially amid this challenging environment, and have each played an integral role in driving our business development efforts. We look forward to their ongoing contributions as we continue to grow and evolve our firm."

The new senior managing directors are:

David Alfaro

Technology, San Francisco

Since joining FTI in 2003 as part of the KPMG Dispute Advisory Services acquisition, David Alfaro has provided testimony in cases involving alleged breach of fiduciary obligation, fraud, RICO, inappropriate fee practices, failure to escheat unclaimed property, conflicts of interest related to investment practices and limited partnerships. Mr. Alfaro has extensive experience in the use of technology in dispute resolution, including a specialization in complex, data-intensive analyses focused on class actions, government investigations and bankruptcies, and in a wide variety of industries, including financial services, manufacturing, government and higher education. Prior to joining KPMG, he held senior roles with Arthur Andersen, where he worked for ten years and last served as a senior manager specializing in litigation support and complex data, as well as with Bank of America in the commercial banking area.

Mark Dewar

Corporate Finance/Restructuring, London

Mark Dewar has played a leadership role in building the European Corporate Finance business and developing the FTI brand in the UK since joining FTI in 2007. He has nearly a decade of experience principally advising corporations, private equity investors and junior debt providers involved in stressed or distressed situations. Mr. Dewar focuses on the debtor side of the European restructuring market, advising private equity investors and management teams during periods of stress or underperformance. He has also worked for a varied pool of stakeholders in a number of situations, including both traditional and distressed private equity investors. Mr. Dewar's most significant client role at FTI includes a project involving a large residential loan servicer, where he serves as the European lead working with a US-based debtor advisory team. He was previously a director in Ernst & Young's Corporate Restructuring practice in London and an audit manager in Brisbane, Australia. He has also worked as a financial analyst for Sema Group in London and Atlanta and for Credit Suisse First Boston in New York.

Ryan Johnson

Technology, Pittsburgh

Ryan Johnson is part of FTI's Technology segment, specializing in software development and litigation support through technology and database development. During his time at FTI, he has effectively provided software solutions for cases in federal and state jurisdictions across the United States including Pennsylvania, Washington, DC, New Jersey, New York, California and Texas. Most notably, he provided support and solutions for a major domestic pharmaceutical manufacturer whose review team numbered more than 500 and whose evidentiary-page count exceeded 500 million. Prior to joining FTI in 2005, Mr. Johnson spent six years at eData where he provided database design, development and performance consulting on various engagements. He has also held positions at US West, where he designed a complex billing and call center tracking application that combined data from several different UNIX and Windows sources, and at Parsons Brinckerhoff where he was the database developer responsible for developing and maintaining several project level Web portals for many large and complex engineering projects.

James (Tad) Schweikert

Corporate Finance/Restructuring, Atlanta

As a member of FTI's Healthcare Supply Chain practice of its Corporate Finance/Restructuring segment James (Tad) Schweikert has been instrumental in the team's development through his work in recruiting and developing the supply chain team, leading client engagements, building methodology and developing tools that support the ongoing productivity and capabilities of the practice. Prior to joining FTI in 2006, Mr. Schweikert was the Southeast Region Supply Chain Leader at Navigant Consulting, and he has served in business development roles for Intelligent Design Solutions and Intelliseek, as a senior manager at Arthur Andersen and as an administrative resident at Northside Hospital.

Wendy Shapss

Forensic and Litigation Consulting, New York

Wendy Shapss is a member of FTI's Insurance Services Group and specializes in litigation consulting, forensic accounting, fraud and financial investigations and bankruptcy consulting. She has more than 16 years of experience in accounting, auditing, fraud and financial-based matters and has conducted multiple forensic investigations in connection with cases involving fraudulent accounting activity by management and diversions of funds by fiduciaries. In one of her high profile engagements, Ms. Shapss led the team assisting a Special Audit Master in a complex arbitration involving four major international reinsurance companies each represented by a leading law firm, where substantial recoveries were at risk. The arbitration was recently recognized by a noted reinsurance publication. Ms. Shapss joined FTI in 1998 with the acquisition of Kahn Consulting, and previously worked as a senior auditor at Price Waterhouse.

Simon Strong

Forensic and Litigation Consulting, Miami

Simon Strong is a leader of FTI's Ibero-America Region headquartered in Miami, where he conducts major, complex and highly sensitive corporate and financial investigations in Central and South America. His work ranges from competitive intelligence to internal investigations, financial fraud, asset searches, homicide and money laundering. At FTI, Mr. Strong has assisted sovereign governments with worldwide asset searches of deposed leaders and provided political and business intelligence to the petroleum industry throughout the continent. Mr. Strong joined FTI in 2007 with the acquisition of the Holder International, Inc. Prior to joining Holder International, he was the Head of Operations for the Andean and Central American Region for Kroll. Mr. Strong previously established his own business intelligence and investigations company serving banks and corporations in the energy and mining sectors. He has written books on Peru and Colombia, and has worked as a journalist for several prestigious international media companies including the Financial Times, BBC, New York Times and The Economist Intelligence Unit.

Daryl Teshima

Technology, Los Angeles

Daryl Teshima's expertise is in legal knowledge management. He counsels law firms and companies on how to effectively utilize technology when responding to document and data discovery requests in civil litigation and government investigations. During his career, Mr. Teshima has innovated several technological developments, including the "EDIT" tool for internal use, the use of Groove for project management, frameworks for proactive service delivery, unique cost and time cutting approaches for second requests, and the Evident SharePoint project management portal. Mr. Teshima joined FTI in 2008 as a part of the acquisition of Strategic Discovery, which he co-founded in 2002 and served as its Vice President. He previously worked for Gibson, Dunn & Crutcher LLP where he was Director of Practice Systems and the lead knowledge management lawyer. Mr. Teshima has published over fifty articles on legal technology and served as the Editor-in-Chief of Law Office Computing.

Conor Tully

Corporate Finance/Restructuring, New York

Conor Tully has more than 14 years of experience in providing clients with strategic planning, merger and acquisition advisory as well as business advisory and analysis in both distressed and healthy company situations. He specializes in corporate restructuring and has significant experience working for all major constituents in both in-court and out-of-court restructuring transactions across many varied industries. Prior to joining FTI in 2004, he started his professional career in the audit practice of Ernst & Young before moving into the firm's Restructuring and Corporate Finance groups.

Harvey Weinreb

Corporate Finance/Restructuring, New York

Harvey Weinreb is one of the leaders of the Business Tax group of FTI's Real Estate Advisory Group (SMG) of its Corporate Finance/Restructuring segment and formed the business tax practice in the NYC office. He has more than 35 years experience in the real estate industry, specializing in the taxation and structuring of real estate partnerships, private equity funds and REITs. His other areas of expertise include financial instruments and reporting for foreign investments and investors. Mr. Weinreb has been integral to the diligence and structuring of portfolio transactions over the past two years in excess of $10 billion. Mr. Weinreb joined FTI in 2008 as part of the SMG acquisition and was previously a Tax Principal in Ernst & Young's New York Real Estate Practice, serving public and private REITs and opportunity fund clients, investing both domestically and internationally. Mr. Weinreb has also served as Director of Taxation for Arlen Realty & Development Corporation, a $2 Billion NYSE real estate company.

Stuart Witchell

Forensic and Litigation Consulting, Tokyo

Stuart Witchell is responsible for directing the Forensic and Litigation Consulting business and operations in Japan. His expertise includes managing complex investigations, business intelligence and risk mitigation consulting assignments on behalf of major foreign and Japanese corporations. Since joining FTI in 2007 as part of the International Risk Ltd acquisition, Mr. Witchell has provided expert advise in non-financial due diligence investigations for foreign companies considering investment in Japan and for Japanese companies investing outside of Japan. In addition, he has worked on major fraud and other financial investigations in Japan and the Asian region; business intelligence assignments in Japan including hostile take-over advisory work; brand protection issues facing Japanese corporations; anti-dumping cases and a variety of crisis management projects. Prior to joining International Risk, Mr. Witchell was with the British Government's Foreign and Commonwealth Office where he served in the diplomatic corps. His overseas appointments as a diplomat included Warsaw, East Berlin, The Hague, Kuala Lumpur and Tokyo.

About FTI Consulting

FTI Consulting, Inc. 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 3,000 employees 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 may include "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 that involve uncertainties and risks. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues, future results and performance, expectations, plans or intentions relating to acquisitions and other matters, business trends and other information that is not historical, including statements regarding estimates of our future financial results. When used in this press release, words such as "estimates," "expects," "anticipates," "projects," "plans," "intends," "believes," "forecasts" and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, estimates of our future financial results, are based upon our expectations at the time we make them and various assumptions. Our expectations, beliefs and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs and projections will result or be achieved or that actual results will not differ from 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. 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.

SOURCE FTI Consulting, Inc.


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