FTI Consulting expands its Risk and Investigations practice with new Senior Managing Directors Terry Brody and Marc-Philip Ferzan.
Quiver AI Summary
FTI Consulting, Inc. has announced the expansion of its Risk and Investigations practice with the appointment of Terry Brody and Marc-Philip Ferzan as Senior Managing Directors in its Forensic and Litigation Consulting segment. Both bring extensive experience in investigations, risk management, compliance advisory, and regulatory enforcement, totaling 45 years. Nicole Wells, the practice leader, noted the shifting enforcement priorities under the new U.S. administration, emphasizing the need for effective risk management support. Brody, based in New York, will assist clients in regulatory compliance, while Ferzan, located in Washington, D.C., will focus on investigative and compliance needs along with leveraging AI capabilities. Both express enthusiasm for joining FTI's team to navigate complex challenges in a changing regulatory environment.
Potential Positives
- Expansion of the Risk and Investigations practice by hiring two experienced Senior Managing Directors strengthens FTI Consulting's expertise in complex investigations and regulatory compliance.
- The appointments of Terry Brody and Marc-Philip Ferzan enhance the firm's capabilities to assist clients in navigating the evolving regulatory landscape and managing risk amidst government inquiries.
- Brody and Ferzan bring extensive experience from prestigious roles, including leadership positions in government and other consulting firms, which adds credibility and depth to FTI Consulting's service offerings.
Potential Negatives
- The press release highlights a shift in enforcement priorities under the new U.S. administration, which indicates potential challenges and uncertainty for FTI Consulting and its clients regarding compliance and regulatory issues.
- The appointments of new senior managing directors suggest a response to increased regulatory scrutiny, which could imply past deficiencies in FTI Consulting's risk management capabilities.
- Despite the leadership additions, the emphasis on supporting clients through evolving risk landscapes may suggest that the company is currently facing significant challenges in navigating complex regulatory environments.
FAQ
What recent appointments were made at FTI Consulting?
FTI Consulting appointed Terry Brody and Marc-Philip Ferzan as Senior Managing Directors in its Risk and Investigations practice.
What is the focus of FTI Consulting's expanded Risk and Investigations practice?
The expanded practice focuses on complex investigations, risk management, compliance advisory, and responding to government inquiries.
What experience do Terry Brody and Marc-Philip Ferzan bring to FTI Consulting?
They bring a combined 45 years of experience in regulatory scrutiny, compliance, and enforcement actions from their previous roles in the public sector.
How will FTI Consulting assist clients under the new appointments?
FTI Consulting will help clients navigate legal and regulatory risks, enhance compliance programs, and manage high-stakes challenges in an uncertain environment.
What distinguishes FTI Consulting’s team and approach?
FTI Consulting combines world-class experts, a collaborative culture, and cutting-edge technology to address dynamic challenges and evolving geopolitical landscapes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
WASHINGTON, March 04, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its Risk and Investigations practice with the appointments of
Terry Brody
and
Marc-Philip Ferzan
as Senior Managing Directors within the firm’s Forensic and Litigation Consulting segment.
Mr. Brody and Mr. Ferzan bring a combined 45 years of experience in complex investigations, risk management and compliance advisory, as well as assisting companies in responding to government inquiries. Mr. Brody and Mr. Ferzan both have deep expertise in regulatory scrutiny and enforcement actions, having served as prosecutors and in enforcement roles in the public sector.
“Enforcement priorities are undergoing a major shift with the new U.S. administration, and businesses are facing uncertainty on what to expect and how to move forward,” said
Nicole Wells
, Leader of the North America Risk and Investigations practice at FTI Consulting. “Terry and Marc understand the mechanics and nuances of regulatory compliance and investigations and will help our clients mitigate risk and manage high-stakes challenges.”
Mr. Brody, who is based in New York, has deep expertise in conducting complex investigations and assessing and enhancing compliance programs. In his role at FTI Consulting, he will help clients navigate legal, regulatory and operational risks and provide independent monitoring and fiduciary services.
Prior to joining FTI Consulting, Mr. Brody was a Senior Managing Director and practice group leader at a global consulting firm. He previously served in leadership roles at the New Jersey Attorney General’s office and the New Jersey Governor’s Office, and managed white-collar investigations and complex commercial litigation matters at an AmLaw 100 law firm.
Commenting on his appointment, Mr. Brody said, “FTI Consulting blends a unique combination of world-class experts and advisors, a collaborative culture and global reach that allows us to address the most critical challenges faced by our clients. I am proud to join a robust team of professionals as we work to support clients through evolving risk landscapes and an uncertain regulatory environment.”
Mr. Ferzan, who is based in Washington, D.C., supports clients with investigative, risk management and compliance advisory needs, and serves in roles requiring independent monitoring, fiduciary oversight, mass claims administration and court reporting. He will also join FTI Consulting’s cross-disciplinary team to facilitate the strategic, regulatory-compliant and ethical application of emerging AI capabilities.
Prior to joining FTI Consulting, Mr. Ferzan was a Senior Managing Director and business group leader at a global consulting firm. Earlier in his career, he served on the enforcement staff of the U.S. Securities and Exchange Commission and was a federal prosecutor with the U.S. Attorney’s Office in New Jersey, where he managed the economic crimes program and worked on several matters involving violations of the healthcare, banking, securities, intellectual property, money laundering, tax and national security laws.
Commenting on his appointment, Mr. Ferzan said, “FTI Consulting has assembled an extraordinary global team of multidisciplinary professionals and cutting-edge technology resources to help our clients anticipate and address the highly dynamic shifts in the evolving geopolitical landscape. I look forward to joining my teammates as we work through the complex challenges ahead to best support clients in achieving their goals.”
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories as of December 31, 2024. The Company generated $3.69 billion in revenues during fiscal year 2024. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. More information can be found at
www.fticonsulting.com
.
FTI Consulting, Inc.
555 12
th
Street NW
Washington, DC 20004
+1.202.312.9100
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.