Joseph Concannon | Senior Managing Director | FTI Consulting
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Joe Concannon

Joseph P. Concannon

  • Senior Managing Director
  • Corporate Finance
  • T: +1 412 610 1769
  • F: +1 412 808 1188
Connect with Me:
Office
    • Foster Plaza 9
    • 750 Holiday Drive, Suite 630
    • Pittsburgh, PA, 15220
    • United States
    • T: +1 412 808 1100
    • F: +1 412 808 1188
Education
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Joseph Concannon is a Senior Managing Director at FTI Consulting and is based in Pittsburgh. Mr. Concannon is a member of the Turnaround & Restructuring Services within the Corporate Finance & Restructuring segment. With more than 13 years of experience, Mr. Concannon’s expertise is in restructuring, bankruptcy proceedings, troubled company consulting, financial analyses and due diligence.

Mr. Concannon has held interim management roles and assisted senior management, secured and unsecured lenders and other constituents on a variety of matters primarily focusing on the mining, healthcare, real estate, hospitality, manufacturing and automotive industries.

Specializing in assisting companies with addressing liquidity issues and developing appropriate cash forecasting tools and cash management practices, Mr. Concannon has also led the development of long-term business plans and cash flow projections, the review of turnaround plans and specific profit improvement opportunities, the implementation of working capital enhancements, the preparation of bankruptcy contingency plans, the divestiture of non-core assets, as well as negotiations with equity participants, secured lenders and other parties-in-interest.

Mr. Concannon’s diverse project experience includes assisting Peabody Energy, the largest privately-owned coal company in the world, with long-term business planning and strategy and cash flow and liquidity management; assisting NewPage Corporation, the largest paper manufacturer in North America at the time with over more than $3 billion in revenues, with developing a long-term business plan model for its business operations and its plan of reorganization; working with DynaVox, a provider of speech generating devices and special education software, by serving as the Chief Restructuring Officer and creating the design, development and implementation of a comprehensive weekly cash flow forecasting process and long-term business plan; assisting with identifying and implementing $10 million in annual cost savings for MediMedia, a $250 million provider of health information and health management solutions; serving as a Restructuring Officer for The Sea Island Company; a luxury resort, golf and real estate development company; and being involved in numerous other restructurings including 21st Century Oncology, Ocwen, Delphi Corporation, Dana Corporation and Visteon Corporation.

Prior to joining FTI Consulting, Mr. Concannon served as a Senior Associate in KPMG’s Audit practice. He holds a B.A. in Accounting and Spanish from Washington and Jefferson College and is a Certified Public Accountant in Pennsylvania.

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