Expansion in Italy follows growth in the Netherlands and France in early 2022
MILAN, Italy, June 15, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the launch of the company’s Corporate Finance & Restructuring segment in Milan with the appointment of four senior transformational executives and corporate restructuring, continue its growth in continental Europe and ensure a permanent presence in Italy.
New appointments include Francesco Leone, who will lead FTI Consulting’s Italian Corporate Finance & Restructuring business, Claudia Lotti, Barbara Biassoni and Raffaele Fiorella.
FTI Consulting is a global business consulting firm listed on the New York Stock Exchange, providing clients with multidisciplinary solutions to complex challenges and opportunities. The Corporate Finance & Restructuring segment advises on many of the world’s most complex restructurings, turnarounds, transformations and transactions, helping companies and their stakeholders address key financial, operational and transactional challenges.
The launch in Italy follows FTI Consulting’s expansion of its Corporate Finance & Restructuring segment in Europe, Middle East and Africa (“EMEA”) in the Netherlands with the acquisition of BOLD in February 2022 and the appointment of four professionals in March 2022, as well as its expansion into France in May 2022.
“Barbara, Claudia, Francesco and Raffaele have worked on some of the most complex and high-profile transformation, financing and restructuring situations in Italy,” said Kevin Hewitt, President EMEA at FTI Consulting. “We are very pleased that they have joined FTI Consulting and are excited about the opportunity for our Corporate Finance & Restructuring business in Italy and its contribution to our broader growth strategy in EMEA.”
Diederick van der Plas, Senior Managing Director and EMEA Head of Corporate Finance and Restructuring at FTI Consulting, added: “I am delighted to welcome our new appointments to our growing firm Corporate Finance and restructuring in EMEA, at a time of transformational growth for the business as we continue to expand in continental Europe. Barbara, Claudia, Francesco and Raffaele bring exceptional expertise and networks, and we look forward to further developing our business and advising our clients on their most complex challenges.
Ms. Biassoni, Senior Advisor, has over 25 years of experience in financial turnaround advice, with strong expertise in financial restructuring processes, including insolvency. She has worked on financial operations projects, including providing services in mergers and acquisitions, business valuations, fairness opinions and impairment tests, corporate planning, crisis management and cash management. She has particular experience in the energy and utilities, hospitality, telecommunications and media, and transportation sectors. Previously, Ms. Biassoni was a partner at the consulting firm Erre Quadro, before working as a lawyer in a global business consulting firm.
Ms. Lotti, Senior Managing Director, has over 20 years of experience leading operational improvement projects and crisis recovery plans, as well as optimizing clients’ financial operations. She has extensive experience in advisory and transition management roles and has worked with corporate clients and private equity firms active in a variety of industries including retail and consumer goods, fashion and luxury. , automotive and industrial goods. Ms. Lotti’s previous roles have included senior positions at global business consulting firms, most recently as a partner in the Boston Consulting Group.
Mr. Leone, Senior Managing Director, has over 25 years of experience leading business transformation and operational restructuring projects for corporate and financial clients, including in interim management roles, and owns particular expertise in retail and consumer products, fashion and luxury, yacht and shipbuilding, industrial goods and healthcare. He has also held executive and interim management positions, including as Chief Transformation Officer. Mr. Leone joins FTI Consulting from the Boston Consulting Group, where he led the turnaround and transformation practice in Italy, Greece, Turkey and Israel.
Mr. Fiorella, Senior Advisor, has over 25 years of experience in advisory and transition management roles, including that of Director of Restructuring in a number of consolidation, restructuring or liquidation processes. His experience includes cost rationalization, business plan design and implementation, and cash management in a variety of industries including construction, gaming and leisure, as well as airlines and aviation. Mr. Fiorella is a chartered accountant, auditor and expert witness before the Court of Milan, working on certifications of plans under bankruptcy law, mergers and acquisitions, business valuations and certificates of equity. Mr. Fiorella was previously a partner at consulting firm Erre Quadro and an advisor to a global business consulting firm.
About FTI Consulting
FTI Consulting, Inc. is a global business consulting firm dedicated to helping organizations manage change, mitigate risk and resolve conflict: financial, legal, operational, policy and regulatory, reputational and transactional. With more than 6,900 employees in 30 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 $2.78 billion in revenue in fiscal year 2021. In some jurisdictions, FTI Consulting services are provided through separate legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc.
London EC1A 4HD
CONTACT: Investor Contact: Mollie Hawkes +1.617.747.1791 [email protected] Media Contact: Matthew Bashalany +1.617.897.1545 [email protected]