WASHINGTON - FTI Consulting, Inc. (NYSE: NYSE:FCN) has expanded its Food, Agriculture & Beverage practice with key appointments, adding Polly Ruhland as Senior Managing Director and Cassandra Oliveira as Managing Director to its Corporate Finance & Restructuring segment. These strategic hires aim to fortify the firm's advisory services in the agribusiness sector, addressing supply chain resilience and commercial transformations amid market volatility.
Ruhland brings over 25 years of leadership experience, including CEO roles at the United Soybean Board and the Cattlemen's Beef Promotion & Research Board. She is recognized for spearheading growth and transformation initiatives in the agriculture industry, focusing on innovation, consumer demand, product quality, and sustainability. At FTI Consulting, Ruhland's focus will be on advising clients to enhance supply chain operations, optimize efficiency, and improve sustainability practices.
Oliveira joins with a background in agricultural inputs and equipment, having served as a product manager at John Deere (NYSE:DE) and working in business development in Latin America. Her expertise lies in strategy development, risk assessment, and commercial diligence, which she will apply to assist clients with mergers and acquisitions, growth initiatives, and commercial transformations.
Keith Cooper, Leader of the Food, Agriculture & Beverage practice at FTI Consulting, highlighted the industry's recent challenges and expressed confidence in Ruhland's ability to help clients stabilize and add value to their operations. Ruhland herself emphasized the importance of connecting producer and consumer interests to enhance the food supply chain's resilience and efficiency.
The appointments of Ruhland and Oliveira are part of FTI Consulting's broader effort to strengthen its business transformation and strategy capabilities within the Food, Agriculture & Beverage practice, following the recent additions of Nathan Ramsey and Brandon Banner (NASDAQ:BANR) as Senior Managing Director and Managing Director, respectively.
FTI Consulting is a global business advisory firm that assists organizations in managing change, mitigating risk, and resolving disputes across various dimensions, including financial, legal, operational, and reputational. The company, which has more than 8,300 employees in 34 countries, reported revenues of $3.49 billion for the fiscal year 2023, with impressive revenue growth of 11.66% over the last twelve months. InvestingPro analysis reveals the company maintains excellent financial health with a "GREAT" overall score, trading at an attractive valuation relative to its near-term earnings growth potential. This expansion reflects FTI Consulting's commitment to providing comprehensive support to stakeholders in the agribusiness sector, from domestic firms to leading multinationals, as they navigate political, economic, and sustainability trends. For detailed insights and access to FTI Consulting's comprehensive Pro Research Report, along with analysis of 1,400+ other top stocks, visit InvestingPro.
The information in this article is based on a press release statement from FTI Consulting, Inc.
In other recent news, FTI Consulting reported a modest year-over-year revenue growth of 3.7% in the third quarter of 2024, reaching $996 million. However, earnings per share declined to $1.85 from $2.34 in the previous year, and adjusted EBITDA saw a 13.3% decrease to $102.9 million. Despite these challenges, the firm revised its full-year revenue guidance to a range of $3.7 billion to $3.75 billion, with earnings per share expected between $7.90 and $8.35.
In a strategic move to bolster its financial services team, FTI Consulting announced the appointment of Caitlin Holmes and Mark Sexton as Senior Managing Directors. The firm also welcomed Brian Knudson, an AI expert, as a Senior Managing Director in its Data & Technology Transformation practice.
FTI Consulting has significantly expanded its team, hiring 25 senior managing directors and over 320 campus recruits, marking the company's largest class yet. These recent developments are part of FTI Consulting's strategy to navigate market headwinds and deliver long-term shareholder value.
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