FTI Consulting names Juli Saitz as Senior Managing Director

NEW YORK - FTI Consulting, Inc. (NYSE:FCN), a global business advisory firm, announced today the appointment of Juli Saitz as a Senior Managing Director in the firm's Dispute Advisory Services practice. Saitz, based in New York, brings over 25 years of forensic accounting, financial, and economic analysis expertise to her new role, where she will focus on resolving complex commercial disputes, intellectual property issues, and valuation matters.

Vince Thomas, a Senior Managing Director and Co-Leader of the Dispute Advisory Services practice at FTI Consulting, praised Saitz's extensive experience in providing expert testimony in a wide range of industries. He highlighted her proven track record in both federal and state court matters as well as in domestic and international arbitrations.

Saitz is a Certified Public Accountant, accredited in business valuation, and certified in financial forensics by the American Institute of Certified Public Accountants. She rejoins FTI Consulting after serving as a partner at a global consultancy firm, where she specialized in risk mitigation and dispute resolution. Saitz's career began in a Big Four forensic and litigation practice and included a previous tenure at FTI Consulting.

In a statement, Saitz expressed her enthusiasm for rejoining FTI Consulting, citing the firm's reputation for high-quality litigation consulting and its role in providing independent expert analysis and solutions. Her appointment follows the recent addition of Ken Ditzel as a Senior Managing Director in Houston, further strengthening the firm's capabilities in the Dispute Advisory Services practice.

FTI Consulting serves a global clientele, tackling a wide array of disputes including international public law and complex commercial and regulatory issues. The firm, which operates in 33 countries and territories, generated $3.49 billion in revenues during the fiscal year 2023. This news is based on a press release statement from FTI Consulting.

In other recent news, FTI Consulting, a global business advisory firm, has seen significant growth in its financial performance. The company reported a 12% rise in revenue and a 27% increase in adjusted EBITDA for Q2 2024 compared to the first half of the year. Earnings per share also rose to $2.34, marking a 33.7% year-over-year increase.

FTI Consulting has also expanded its Construction, Projects & Assets practice with the appointments of Thomas Thompson and Stuart McIvor, and its Food, Agriculture & Beverage practice with the addition of Nathan Ramsey. These recent developments highlight FTI Consulting's commitment to strategic expansion and enhancing its service offerings across various sectors.

Furthermore, the firm has raised its full-year revenue and EPS guidance, indicating a positive growth trajectory. Despite an anticipated seasonal slowdown in the fourth quarter, FTI Consulting remains committed to its growth initiatives, including strategic investments in senior talent and potential acquisitions. The firm has announced 19 senior hires and plans to hire over 300 campus recruits in the latter half of the year.

These updates demonstrate FTI Consulting's ongoing efforts to strengthen its global presence and provide comprehensive services to clients across various industries.

InvestingPro Insights

As FTI Consulting, Inc. (NYSE:FCN) expands its Dispute Advisory Services practice with the strategic appointment of Juli Saitz, the company's financial health and market performance continue to be of interest to investors. According to InvestingPro data, FTI Consulting has a market capitalization of approximately $8.06 billion, reflecting its significant presence in the global advisory market. The firm's P/E ratio stands at 23.95, which, when considered alongside its near-term earnings growth, suggests that the stock is trading at a low P/E ratio relative to this growth, as highlighted by one of the InvestingPro Tips.

InvestingPro data also reveals a healthy revenue growth of 14.72% for the last twelve months as of Q2 2024, indicating that the company is successfully expanding its operations. Furthermore, the firm's gross profit margin at nearly 33% demonstrates its ability to maintain profitability in its service offerings. With a strong return on assets of 9.96%, FTI Consulting showcases its efficiency in utilizing its assets to generate earnings.

Investors looking for stability might take comfort in another InvestingPro Tip that points out FCN's low price volatility, which could be a sign of a less risky investment. Additionally, the company's cash flows can sufficiently cover interest payments, and its liquid assets exceed short-term obligations, suggesting a sound financial position. For those interested in further insights, InvestingPro offers additional tips on FTI Consulting, which can be accessed at https://www.investing.com/pro/FCN.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.