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WASHINGTON - FTI Consulting, Inc. (NYSE:FCN) announced Monday the appointment of Shaun Rangappa, MD, MSHA, as a Senior Managing Director in its Healthcare Business Transformation practice within the Corporate Finance & Restructuring segment.
Dr. Rangappa, based in Washington, D.C., will also serve as Chief Clinical Executive within the practice. With over 30 years of healthcare experience, he brings expertise spanning clinical practice, performance improvement, technology enablement, governance, leadership and change management. This appointment comes as FTI maintains strong financial fundamentals, with a healthy current ratio of 2.11 and operating with moderate debt levels.
In his new role, Dr. Rangappa will advise healthcare clients on strategy, operations, transformation and workforce challenges amid ongoing industry disruption.
"Our healthcare clients are facing mounting pressures, from financial and operational strain to leadership turnover and physician burnout," said Brian Flynn, Leader of the Healthcare Business Transformation practice at FTI Consulting.
Prior to joining FTI Consulting, Dr. Rangappa spent 20 years at Deloitte Consulting’s Life Sciences and Healthcare practice, where he led numerous large-scale transformations for commercial and federal clients.
Dr. Rangappa is a graduate of the University of Virginia School of Medicine. According to the company’s press release, he will support FTI’s healthcare industry offerings across Physician Ambulatory Services, Digital Health, Revenue Cycle Management, Clinical Operations, Workforce Management and other areas.
FTI Consulting reported $3.70 billion in revenues during fiscal year 2024 and employs approximately 7,900 people across 32 countries and territories as of June 30, 2025. The company maintains a robust 31.7% gross profit margin and has demonstrated consistent profitability, as highlighted in the comprehensive analysis available through InvestingPro’s detailed research reports.
In other recent news, FTI Consulting reported second-quarter earnings and revenue that exceeded analyst expectations. The company announced adjusted earnings per share of $2.13, surpassing the analyst consensus of $1.90. Revenue for the quarter was $943.7 million, which also exceeded the consensus estimate of $912.2 million, although it marked a slight decrease from $949.2 million in the same period last year. Additionally, FTI Consulting provided a solid outlook for the full year, further boosting investor confidence.
In a separate development, FTI Consulting announced that its Chief Financial Officer, Ajay Sabherwal, will be leaving the company on September 12, 2025. Paul Linton, the current Chief Strategy and Transformation Officer, will serve as interim CFO while the company searches for a permanent replacement. These developments come as the company continues to navigate changes in its leadership team.
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