FTI Consulting Appoints Matt Johnston to Lead Turnaround Offering in EMEA
20 Julho 2023 - 5:00AM
FTI Consulting, Inc. (NYSE: FCN) today announced the continued
expansion of its Corporate Finance & Restructuring segment with
the appointment of Matt Johnston as a Senior Managing Director to
lead the Europe, Middle East and Africa (“EMEA”) Turnaround
offering within the firm’s Restructuring practice.
Mr. Johnston joins FTI Consulting from McKinsey and brings 25
years of experience advising clients on restructuring and
turnaround matters. In his role as Leader of the EMEA Turnaround
offering, he will work closely with boards and senior management
teams to help manage critical restructurings and accelerated,
stressed turnarounds.
“It is great to bring in someone of Matt’s calibre and expertise
to the team,” said David Morris, a Senior Managing Director and
Head of UK Restructuring at FTI Consulting. “He has impressive
leadership credentials and a wealth of experience advising
corporates and board members of businesses who are facing
challenges in stressed and distressed times. He is an agent of
rapid change and action, which will make him an instrumental
resource to clients.”
Mr. Johnston’s restructuring and turnaround experience includes
appointments as Chief Transformation Officer (“CTO”), Chief
Restructuring Officer (“CRO”) and advisor to clients in the
logistics, medical devices, healthcare, manufacturing, media,
biofuel, software and public sectors. He has led UK and
international assignments, advising on strategic and financial
matters including cost optimisation, cash and working capital
management, business planning, transformations and formal
insolvencies such as Chapter 11 proceedings.
At McKinsey, Mr. Johnston was a Partner and led the UK
Transformation practice. He previously was a Managing Director and
co-leader of the UK turnaround team at KPMG, a Director at
AlixPartners and a turnaround advisor at Andersen. His corporate
experience includes serving as Chief Financial Officer at an
advertising company before its sale.
Diederick van der Plas, a Senior Managing Director and EMEA Head
of the Corporate Finance & Restructuring segment at FTI
Consulting, added, “Our reputation as one of the leading global
restructuring advisors is built on the expertise and experience of
the professionals on our bench. Matt is the latest example of the
strategic investments we have made in the UK and wider EMEA region
to support the continued development of our practice. We have seen
demand for interim support from senior management teams increase
across EMEA and are committed to meeting that need. Matt’s
exceptional skill set as a turnaround professional, CRO, CTO and
corporate executive will be critical as we expand our
capabilities.”
Commenting on his appointment, Mr. Johnston said, “The
turnaround advisor and interim management services are tactical and
strategic resources that help clients build value during
particularly challenging or fast-moving situations and change. I
look forward to working with David and the wider team across the
EMEA region to serve clients driving to accelerate
turnarounds.”
About FTI ConsultingFTI
Consulting, Inc. is a global business advisory firm dedicated to
helping organisations manage change, mitigate risk and resolve
disputes: financial, legal, operational, political and regulatory,
reputational and transactional. With more than 7,700 employees
located in 31 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 $3.03 billion in revenues during fiscal year 2022. In
certain jurisdictions, FTI Consulting’s services are provided
through distinct legal entities that are separately capitalised and
independently managed. For more information, visit
www.fticonsulting.com and connect with us on Twitter
(@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc. 200 AldersgateAldersgate
StreetLondon, EC1A 4HD
Investor Contact:Mollie
Hawkes+1.617.747.1791mollie.hawkes@fticonsulting.com
Media Contact: Helen Obi+44 20 7632
5071helen.obi@fticonsulting.com
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