Joaquín Coronado Joins FTI Consulting as Senior Managing Director in the Corporate Finance & Restructuring Segment in Spain
Madrid, 31 March 2021 — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Joaquín Coronado as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment in Spain, further enhancing the team’s offering across both restructuring and business transformation. Mr Coronado will augment the team’s ability to provide turnaround, advisory and interim management services and will be focused on private equity firms, as well as lenders and corporates.
Mr Coronado’s experience spans the energy, utilities, telecommunications and technology sectors, having worked for companies such as Abengoa, EDP and ONO, where he held several executive positions and acted as a board member. He was a partner at PwC between 2008 and 2015, advising clients on mergers and acquisitions as well as on operational and financial restructurings and was in charge of the Advisory division in Spain for six years, leading consultancy and deals services.
“Joaquín’s hire further strengthens our Spanish Corporate Finance & Restructuring team and our ability to help clients respond to the current economic situation in Spain and across Europe,” said Sergio Vélez, a Senior Managing Director and Leader of the Corporate Finance & Restructuring segment in Spain. “His experience in transformation and restructuring deals will provide additional value to clients and further bolster the already strong reputation our firm has in this area.”
Mr Coronado has been involved in several entrepreneurial projects since 2015, including the creation and development of the Mexican company Altán Redes, where he worked as Chief Executive Officer until 2019, as well as at Taiyo Capital, a fund which invests in utility solar plants in Japan. Mr Coronado was also CEO and co-founder of Podo, a digital retailer for electricity, gas, and home services, where he currently is a board member.
During his career he has worked in Spain, the United States, Latin America and Portugal. He has been Advisory Board Partner at Morgan Stanley Infrastructure Partners in New York from 2015, as well as a board member for Ence Energía since 2021.
Commenting on his appointment at FTI Consulting, Mr Coronado said: “The recovery from the pandemic will lead to a wave of restructuring and M&A deals across many economic sectors. It will require new capital and finance, both public and private, to help rebuild the balance sheets of a great number of companies, as well as equip them with financial resources for a new growth phase. Joining FTI Consulting is a privilege for me, and I hope to serve clients with my experience in advisory and management during periods of crisis.”
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Source: FTI Consulting, Inc.