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WASHINGTON - FTI Consulting, Inc. (NYSE:FCN) announced Tuesday that Chief Financial Officer Ajay Sabherwal will leave the company on September 12, 2025, to pursue a position outside the consulting industry. The company, which maintains strong financial health with a current ratio of 2.11 and moderate debt levels according to InvestingPro data, enters this transition period from a position of stability.
The global expert firm plans to appoint Paul Linton, its current Chief Strategy and Transformation Officer, as interim CFO while conducting a search for a permanent replacement.
Sabherwal has served as the company’s financial chief for nine years. In a statement, CEO and Chairman Steven H. Gunby thanked him for his leadership and contributions to the organization.
"Ajay is a terrific professional, and we wish him the best in his future endeavors," Gunby said.
Sabherwal expressed gratitude to the company leadership and colleagues, noting he was "proud of our success" during his tenure.
FTI Consulting provides crisis management and transformation services globally, with approximately 7,900 employees across 32 countries and territories as of June 30, 2025. The company reported revenues of $3.70 billion for fiscal year 2024.
The announcement was made through a press release statement issued by the company.
In other recent news, FTI Consulting, Inc. reported its second quarter earnings and revenue, both of which surpassed analyst expectations. The company announced adjusted earnings per share of $2.13, exceeding the consensus estimate of $1.90 by $0.23. Revenue was reported at $943.7 million, which also surpassed the consensus estimate of $912.2 million. However, this figure marked a slight decrease of 0.6% compared to the $949.2 million reported in the same quarter last year. Despite the year-over-year decline in revenue, FTI Consulting provided a solid outlook for the full year. These developments have been noteworthy for investors and analysts alike. The performance has garnered attention from various analyst firms, though specific upgrades or downgrades were not mentioned. The company’s recent results and outlook continue to be a focal point for market observers.
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