Former Majority Leader Gephardt Joins FTI as Consultant on Government, Business Strategy, Public Policy and Labor Relations
To Consult With FTI Clients on a Broad Range of Business, Governmental, Labor, International, Advocacy, and Communications Issues
Baltimore, MD - January 18, 2007
FTI Consulting, Inc. (NYSE: FCN), the leading global consulting firm to organizations confronting the critical legal, financial and reputational issues that shape their futures, announced today that former Democratic Majority Leader, Dick Gephardt, would become a consultant for and advisor to the company through an exclusive agreement with his firm, Gephardt & Associates, LLC. In addition, he will serve on the advisory board of Financial Dynamics, FTI's strategic and financial communications services subsidiary.
With the addition of Representative Gephardt, FTI significantly enhances its ability to serve clients in the critical areas of government, public policy, employee and labor relations and international affairs. Resolution of issues in these areas, and the strategic communication of such resolutions to a broad range of constituencies, has the potential to impact each client throughout all of FTI's business practices. The perspective that Representative Gephardt brings as a result of his extensive experience and deep relationships throughout the U.S. and around the globe provides FTI clients with a unique resource through which to analyze their businesses, issues and strategies and then communicate them to the marketplace.
Commenting on this move, Jack Dunn, FTI's president and chief executive officer, said, “With the addition of Dick Gephardt, we continue to execute on two key aspects of our strategy. First, we continue our commitment to provide our clients with the very best in intellectual capital to support their critical business needs, particularly those in labor intensive sectors such as automotive and healthcare. Second, on a very real-time basis, we are adding highly valuable capabilities in the areas of change management and innovative labor relations, as clients strive to optimize their human capital in this era of mobile labor sourcing and a changing political environment. For this company and these times, I can't think of a better person than Dick Gephardt to help forge our direction in these areas.”
Dick Gephardt added, “I am excited to team with FTI and draw on the expertise, experience and reach of such a respected global market leader. FTI has a strong record of achieving results for its clients. We're extremely proud of the prospects of integrating Gephardt and Associates' capabilities with such a highly regarded firm.”
About Dick Gephardt
Mr. Gephardt, who served as either Democratic Majority or Minority Leader in the U.S. House of Representatives for nearly 14 years, retired from Congress in January 2005 after serving Missouri's Third Congressional District for 28 years. In his first year in Congress, he was appointed to the House Ways and Means and Budget Committees and launched a career spanning three decades as a national leader on healthcare, trade, and tax policy. As a leader in Congress, he emerged as one of the chief strategists and spokespersons on every major issue facing the nation including national security, foreign affairs, economic and social policy.
About Gephardt & Associates, LLC
Gephardt & Associates, LLC was founded in 2005 with the purpose of providing strategic business consulting, public policy development, capital acquisition and labor relations assistance to companies across the world and multiple industries, allowing them to better compete in the global marketplace.
To learn more about Gephardt & Associates, LLC, please visit the Company's website at http://www.gephardtandassociates.com.
About FTI Consulting
FTI is a leading global firm that organizations rely on for advice and solutions in the areas of forensic analysis, investigation, economic analysis, restructuring, due diligence, strategic communication, financial communication and technology when confronting the critical legal, financial and reputational issues that shape their futures.
FTI delivers solutions every day through its network of nearly 2,000 professionals in offices in every major business center in the world. To learn more about FTI Consulting, please visit the Company's website at http://www.fticonsulting.com.
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