FTI Consulting Announces a Promotion and New Appointments
Baltimore, MD - May 3, 2007
FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, announces a senior promotion and several appointments that further strengthen its business advisory services. Jason Frankl has been promoted to senior managing director in the FTI Forensic and Litigation Consulting (FLC) segment, and joining him in FLC are new managing directors Greg Esslinger, Thomas Fedorek and David Vaughn. In addition, Mark Rasch has joined the company as a managing director in FTI's Technology segment.
“At FTI, the strength of the talent we attract and retain has been a cornerstone of our continuing success,” said Executive Vice President and Chief Operating Officer, Dominic DiNapoli. “We are pleased to recognize Jason for his outstanding leadership in his industry and our field, and to welcome Greg, Thomas, Mark and David to our first-rate team of business consultants. Each professional brings dedicated experience and unmatched expertise that will help FTI define and execute our business strategy.”
Jason Frankl has been promoted to senior managing director in FTI's Forensic and Litigation Consulting segment in Washington, D.C. Mr. Frankl's experience includes providing consulting services and expert witness testimony on issues involving SEC and self regulatory organization compliance, with a particular focus on corporate governance, corporate disclosure, securities compliance and securities trading. Mr. Frankl, who leads FTI's Listing Advisory Services group, has assisted dozens of publicly traded companies in complying with SRO listing standards, in particular NASDAQ's filing and corporate governance requirements. Mr. Frankl has also been active in numerous high profile corporate investigations involving issues in the areas of financial reporting, corporate governance and SEC disclosure requirements. Mr. Frankl holds a B.S. degree from Springfield College and a J.D. from the Columbus School of Law at Catholic University in Washington, D.C.
Greg Esslinger has been appointed managing director in the International Risk & Investigations group in Atlanta, which is part of the FTI Forensic and Litigation Consulting segment. Mr. Esslinger brings more than 13 years experience conducting domestic and international investigations in support of senior management and counsel in a wide variety of matters. His experience includes complex investigations of financial fraud, business disruption, contract disputes, counterfeiting, due diligence, corruption and money laundering, as well as risk assessment and litigation support. Prior to his consulting career, Mr. Esslinger was a Special Agent with the FBI for five years conducting international terrorism and terrorist financing investigations. Mr. Esslinger holds a J.D. from Georgia State University College of Law and a B.A. from the University of the South. He is a certified fraud examiner and member of the State Bar of Georgia and the Association of Certified Fraud Examiners.
Thomas Fedorek has been appointed managing director in the International Risk & Investigations group in New York, which is part of the FTI Forensic and Litigation Consulting segment. Mr. Fedorek has more than 20 years of experience managing investigative assignments, having managed hundreds of investigations for law firms and corporations in connection with complex commercial litigation, proxy contests, hostile takeovers, asset searches and cases involving fraud. For investment banks, private equity funds, hedge funds and other financial companies, he has managed hundreds of due diligence investigations in connection with securities offerings, mergers and acquisitions, and other transactions. Mr. Fedorek has a B.A. cum laude in classics from Columbia University.
Mark Rasch has been appointed managing director in FTI's Technology segment and is based in Washington, D.C. He brings over 24 years of experience in the information security field, having served for nine years as the head of the United States Department of Justice computer crime unit where he prosecuted key cases involving computer crime, hacking, computer fraud and computer viruses. Following this, Mr. Rasch counseled commercial and governmental clients on matters related to computer security, regulatory compliance, and electronic evidence handling and computer incident response, computer forensics, privacy law, data breach disclosure requirements and Payment Card Industry Digital Signature Standards. Mark has a B.A. from the State University of New York at Albany and a J.D. from the State University of New York at Buffalo. He is a member of the American Bar Association and the ABA White Collar Crime and Technology committees.
David Vaughn has been appointed managing director in the International Risk & Investigations group in Los Angeles, which is part of the FTI Forensic and Litigation Consulting segment. Mr. Vaughn has more than 15 years of litigation and investigative consulting experience. He provides domestic and international clients with expert consulting services in matters involving internal investigations, fraud investigations, investigative due diligence, Foreign Corrupt Practices Act investigations, compliance and monitoring, anti-money laundering investigations, corporate governance and integrity advisory services. From 1998 to 2007, Mr. Vaughn was a federal prosecutor in the United States Attorney's Office for the Central District of California, where he directed a wide variety of covert and overt fraud and corruption criminal investigations. He is an honors graduate of the University of California, Berkeley and received his J.D. from the University of California, Hastings College and earned an M.P.A. from Harvard University's John F. Kennedy School of Government. He is a member of the California and District of Columbia Bars, the American Bar Association, the Los Angeles County Bar Association, the Association of Business Trial Lawyers, the Federal Bar Association, and an associate member of Association of Certified Fraud Examiners.
About FTI Consulting
FTI Consulting 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 2000 professionals 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 includes "forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 that involve uncertainties and risks including statements related our future financial results. There can be no assurance that actual results will not differ from the company's expectations. The Company has experienced fluctuating revenues, operating income and cash flow in some prior periods and expects this will occur from time to time in the future. As a result of these possible fluctuations, the Company's actual results may differ from our projections. Further, preliminary results are subject to normal year-end adjustments. 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.