Kenneth M. Stern is a senior managing director in the FTI Forensic and Litigation Consulting segment and is based in New York. Mr. Stern has more than 35 years of combined advisory and business experience in the chemical and petroleum refining industries, with extensive involvement in strategic, commercial, and technological matters as well as merger and acquisition transactions. Mr. Stern has experience as an arbitrator, expert witness, and business advisor.By virtue of his many years of experience in the chemical and petroleum refining industries, Mr. Stern is an authoritative and highly knowledgeable expert in these business segments. He has extensive experience in developing corporate business strategies and executing merger and acquisition transactions. Mr. Stern is also a frequent speaker on trends affecting the chemical and petroleum refining industries and has been on the editorial advisory board of Chemical Market Reporter. He has published many articles on topics of current interest and is often quoted in print media as an industry thought-leader. In the aftermath of Hurricanes Katrina and Rita, Mr. Stern was interviewed on network and cable television news programs to discuss the impacts of the storms on the domestic energy and chemical industries.
Mr. Stern has testified as an expert witness in legal matters involving the petroleum refining and retail gasoline businesses, petrochemical and chemical production technology and markets, energy and petrochemical supply and valuation, and has served as a neutral arbitrator in contractual disputes involving the valuation of refined petroleum products and petrochemicals.
Prior to joining FTI Consulting, Mr. Stern was a managing director at LECG in the Petroleum & Chemicals practice. Prior to that, he was a managing director at FTI Consulting, where he had responsibility for consulting activities in the petroleum and chemical industries. Prior to that, he was a partner and national industry director at KPMG, where he led this Big Four firm’s activities in the energy and chemical industries. Mr. Stern was also vice president of corporate development at Tosco Corporation, the largest independent petroleum refiner in the United States prior to its acquisition by Phillips Petroleum in 2001. In that role he participated in acquiring a number of petroleum refineries and petrochemical businesses, including the 295,000 BPD Wood River Refinery in Illinois from Shell, and the 250,000 BPD Alliance refinery in Louisiana from BP. Mr. Stern worked for 20 years at Chem Systems, including seven years as the managing director of the firm, with overall responsibility for petroleum and chemical consulting activities in North and South America and Asia, prior to the acquisition of Chem Systems by IBM in 1998.
Mr. Stern received his Master of Business Administration from Baruch College of the City University of New York and received his Bachelor of Chemical Engineering from Cooper Union in New York. He is a member of the American Institute of Chemical Engineers, the Societe de Chimie Industrielle, and The Founders Club.