FTI Consulting Expands Expertise in Data Governance
FTI Consulting, Inc. (NYSE: FCN) recently announced a significant addition to its Technology segment. The firm has appointed Steven Stein as a Senior Managing Director, specializing in Information Governance, Privacy & Security processes, particularly within North America.
Welcoming Steven Stein
Steven Stein, who operates out of Chicago, comes to FTI Consulting with a robust background in data privacy and information governance. His experience spans various industries, including financial services, healthcare, and energy, where he has been instrumental in formulating and executing data risk management and compliance programs.
Focus on Technology and Information Governance
Stein’s approach emphasizes leveraging technology to ensure defensible data management practices. His expertise in areas such as data privacy, records management, legal hold, and litigation readiness is vital for organizations seeking to enhance their information governance protocols. By developing effective procedures, he aims to mitigate risks and optimize data use, thereby enabling clients to manage large data volumes effectively in support of artificial intelligence and analytical projects.
Client-Centric Philosophy
Sophie Ross, the Global Chief Executive Officer of FTI Technology, spoke on the current trends in information governance. She noted the increasing interest among clients in investing in strategies that support their litigation readiness indeed reflecting the evolving nature of data sources and AI objectives. Ross pointed out, "Steve’s comprehensive understanding of privacy and compliance will be crucial in helping our clients navigate the complex challenges posed by regulatory changes and technological advancements."
Stein's Impressive Background
Before joining FTI Technology, Stein held a prestigious position as Advisory Principal and Chief Confidentiality and Privacy Officer at a major accounting firm. In that role, he oversaw significant organizational changes in privacy and accountability structures. His professional history also includes experience as a civil litigation attorney and serving as a technical consultant on various discovery issues faced during both federal and state litigation processes.
Adapting to Rapid Changes in Governance
Stein reflects on the dynamic landscape of data governance, stating, "As technology rapidly evolves, so do the best practices surrounding information governance and compliance. Clients are reaching out for expert guidance to manage their digital risks effectively, anticipate privacy issues, and use technology wisely to streamline their operations. I am excited to collaborate with the talented professionals at FTI Technology to address these ever-changing challenges."
About FTI Consulting
FTI Consulting is recognized as a leading global expert firm for organizations navigating crises and transformative changes. With over 8,300 employees spread across 34 countries and territories, the company reported $3.69 billion in revenues in its most recent fiscal year. The firm operates through distinct legal entities in various jurisdictions, each managed independently and capitalized separately.
Contact Information
For further information about FTI Consulting, visit their official website. The company’s headquarters are located at 555 12th Street NW, Washington, DC 20004. You can reach them at +1.202.312.9100.
Investor Contact:
Mollie Hawkes
Phone: +1.617.747.1791
Email: mollie.hawkes@fticonsulting.com
Media Contact:
Ashley Allman
Phone: +1.206.369.5209
Email: ashley.allman@fticonsulting.com
Frequently Asked Questions
What is FTI Consulting known for?
FTI Consulting is a leading expert firm that helps organizations manage crises and transform their operations in various sectors.
Who is Steven Stein?
Steven Stein is the newly appointed Senior Managing Director at FTI Consulting, specializing in data privacy and information governance.
What does the role of a Senior Managing Director entail?
This role involves overseeing the Information Governance, Privacy & Security practice, developing compliance programs, and managing data risks for clients.
What industries does FTI Consulting serve?
FTI Consulting serves various industries, including financial services, healthcare, and energy, providing tailored solutions to unique challenges.
How can one contact FTI Consulting?
You can contact FTI Consulting at their Washington, DC office or reach out through their investor and media contact emails provided above.
