FTI Consulting Strengthens Restructuring Capabilities with Addition of Two Senior Hires and Dedicated Practice in Manchester
24 Julho 2023 - 5:00AM
FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of
two Senior Managing Directors in the Corporate Finance &
Restructuring segment and the launch of a
dedicated Restructuring practice in Manchester, England, to
further strengthen the firm’s restructuring and insolvency
capabilities in the United Kingdom.
Oliver Wright joins FTI Consulting’s Manchester office
and Lindsay Hallam joins the firm’s London office. Both Senior
Managing Director hires are licensed, appointment-taking insolvency
practitioners.
FTI Consulting’s professionals in the firm’s new Manchester
office will undertake a range of stressed and distressed advisory
work for businesses across the Northwest, from insolvency
liquidations and debt restructurings to escalated M&A processes
and capital reorganisations.
“We are delighted to welcome Oli and Lindsay to the firm,” said
Matt Callaghan, a Senior Managing Director and Head of the UK
mid-market restructuring and insolvency offering at FTI Consulting.
“They add a wealth of restructuring and insolvency experience to
our existing team which, coupled with the launch of our office in
Manchester, marks an exciting chapter in the development and
continued growth of our practice.”
Mr. Wright has advised, led and delivered on UK and
international insolvency, restructuring and accelerated M&A
transactions in stressed and distressed situations. He brings more
than 16 years of advising companies, lenders, shareholders,
investors and the UK government on special situations in, amongst
others, the retail, financial services, real estate, automotive and
manufacturing sectors to restructure and stabilise. Prior to
joining FTI Consulting, Mr. Wright was at PwC, where he established
a reputation for advising lenders and corporates in the Manchester
restructuring market. Whilst at PwC, he spent three years in
Singapore, where he worked on cross-border restructuring
assignments for businesses and financiers across Southeast
Asia.
Ms. Hallam brings more than 14 years of experience working with
corporates, lenders and sponsors on a range of insolvency and
restructuring solutions and specialises in advising corporate
management teams on their options when facing distressed
situations. She has advised, led and executed financial and
operational restructurings and accelerated M&A transactions
across a variety of sectors, including casual dining, construction,
automotive and most notably retail, where she has led on many
high-profile insolvencies. Prior to joining FTI Consulting, Ms.
Hallam was at PwC where she led the Restructuring and Insolvency
team in the South of England.
“With Oli and Lindsay, we are continuing to expand the breadth
of restructuring and insolvency experts on our team at a time when
the corporate market continues to witness headwinds on several
fronts,” said David Morris, a Senior Managing Director and Head of
UK Restructuring at FTI Consulting. “Their arrival and the launch
of our dedicated practice in Manchester reflects our commitment to
further strengthen our restructuring capabilities in the UK to
deliver the best possible outcome for our clients.”
Commenting on his appointment, Mr. Wright said: “I have long
admired the work of FTI Consulting’s market-leading restructuring
team, so this is a great opportunity to play a strategic role in
its future success. I look forward to working with Matt, David and
other colleagues to establish and grow the firm’s offering in
Manchester.”
Ms. Hallam added: “I am excited to bring my skillset to the firm
during this time of investment and growth. FTI Consulting is
preeminent in advising clients on complex restructuring mandates,
which makes the firm the ideal platform for me to continue the
restructuring work that I do for clients.”
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 &
regulatory, reputational and transactional. With more than 7,600
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 Aldersgate
StreetLondonEC1A 4HD+1.202.312.9100
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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