Chris Osborne Appointed as Global Segment Leader of Economic Consulting
John Klick Appointed to Executive Committee Key Client Relationship Role
Kevin Hewitt Appointed as Chairman of the EMEA Region
WASHINGTON, March 22, 2017 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN ) today announced leadership changes in the firm’s Economic Consulting segment and Europe, Middle East & Africa (“ EMEA ”) region, effective immediately.
Chris Osborne , who previously served as the Company’s Co-Chairman of the EMEA region and Head of the Company’s Economic & Financial Consulting practice, has been appointed Global Leader of the Economic Consulting segment. He assumes the role from John Klick , who has led the segment since 2004 and who will be taking on a critical new Executive Committee-level role focused on key client relationships. Kevin Hewitt , who served as Co-Chairman of the EMEA region, has been appointed as Chairman of the EMEA region. All three senior leaders will continue to serve on the firm’s Executive Committee, which includes segment leaders, regional leaders and heads of key corporate functions.
“Our Economic Consulting segment has driven significant growth in Europe and is now our largest business by revenues in the EMEA region and globally,” said Steven H. Gunby , President and Chief Executive Officer of FTI Consulting. “Both Chris and Kevin’s appointments further demonstrate our commitment to internationalizing our business, and at a time when the Company is further defining the role that a region can and should play in helping us move forward boldly, I can think of no one better suited than Kevin to build on the substantial success we are having in EMEA.”
Mr. Gunby added, “I would like to thank John for his dedication and leadership of our Economic Consulting segment over the past 13 years and for providing Chris with a solid foundation to build upon. I look forward to further major contributions from John in his new role.”
Commenting on the leadership transition, Mr. Klick said, “Chris has had a tremendous amount to do with the solid position our Economic Consulting business is in today, and I want to thank him for his contributions and congratulate him on his new role. As I transition into my new role, I see this as an opportunity to start a similar transition on a firm-wide basis, by deepening our relationships with the world’s leading law firms and corporations. My new role will be focused on better anticipating our clients’ key challenges and opportunities, ensuring that when they seek our advice, they have complete confidence that FTI Consulting is committed to being a long-term partner.”
Mr. Osborne, who is based in London, joined FTI Consulting in 2009 from LECG and has more than 30 years of experience in bringing economic and financial analysis to complex commercial and regulatory disputes. As the first global segment head based outside of North America, he will lead a global team of more than 650 professionals involved in a wide range of engagements in the areas of economics and finance. The firm’s leading professionals provide critical insights and expert testimony in legal and regulatory proceedings, strategic decision-making and public policy debates.
Mr. Hewitt, who is also based in London and joined the firm in 2007, has been appointed Chairman of the EMEA region, which consists of 20 offices in 12 countries. In his new role, Mr. Hewitt will have executive responsibility for driving growth across the region through new market entry, diversifying the firm’s suite of service offerings and attracting and developing people. In 2016, the EMEA region reported record revenues of $340 million and increased its billable headcount by 11 percent compared to the prior-year period. With 27 years of experience providing refinancing and restructuring solutions to a wide range of stakeholders including lenders, corporates and private equity sponsors, Mr. Hewitt will retain his leadership and client service roles within the Corporate Finance & Restructuring segment in EMEA.
Mr. Klick, who is based in Washington, D.C., joined the firm in 1998 and has more than 40 years of experience focusing on issues such as economic damages, economic costs, pricing of regulated services, mergers and acquisitions and antitrust across a number of industries, including telecommunications, energy and transportation. In his new role, Mr. Klick will focus on deepening the firm’s relationships with key clients across the Company’s businesses as they seek to address their most critical challenges.
About FTI Consulting FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 4,700 employees located in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $1.81 billion in revenues during fiscal year 2016. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting) , Facebook and LinkedIn .
FTI Consulting, Inc. 1101 K Street NW Washington, DC 20005 +1.202.312.9100 Investor Contact: Mollie Hawkes +1.617.747.1791 mollie.hawkes@fticonsulting.com Media Contact: Matthew Bashalany +1.617.897.1545 matthew.bashalany@fticonsulting.com
