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FTI Consulting (FCN) Hires Senior MD for Transactions Practice

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FTI Consulting, Inc. (FCN - Free Report) yesterday announced that Cedric Burgher has joined the company as a senior managing director in its Transactions practice within the Corporate Finance & Restructuring segment, in Houston, TX.

Burgher comes with more than 30 years of experience in the energy and financial services sectors, which includes working as a chief financial officer (“CFO”) for public and private companies. He has worked as an executive at companies like Occidental Petroleum, EOG Resources, Quantum Energy Partners, KBR and Halliburton, where he led IPOs, spinoffs, mergers and acquisitions, and capital market transactions.

He also has expertise in areas related to carbon management, renewable natural gas and renewable biomass. At present, he serves on the board of Renewable Biomass Group, LLC and has participated in the Oil & Gas Climate Initiative in Geneva, Switzerland.

The appointment of Cedric Burgher complements FTI Consulting’s prior hiring initiatives in order to strengthen its transactions expertise. Some latest appointments include Katy Quintanilla joining as a managing director in the Merger Integration and Carve-outs practice in December, and Guillermo Garau joining as a senior managing director in July.

Scott Bingham, co-leader of the Global Transactions practice at FTI Consulting, stated, “Cedric joins us with unique perspectives and experience, especially in the energy sector. He has overseen breakthroughs in the oil and gas industry, and his wealth of experience as a CFO enhances our ability to help clients navigate complex challenges and opportunities.”

Over the past year, shares of FTI Consulting have gained 32.2%, outperforming the 46.3% growth of the industry it belongs to.

Zacks Investment ResearchImage Source: Zacks Investment Research

Zacks Rank and Stocks to Consider

FTI Consulting currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Some better-ranked stocks in the broader Business Services sector are Avis Budget (CAR - Free Report) , Cross Country Healthcare (CCRN - Free Report) ) and Accenture (ACN - Free Report) ), each sporting a Zacks Rank #1.

Avis Budget has an expected earnings growth rate of 420.6% for the current year. The company has a trailing four-quarter earnings surprise of 76.9%, on average.

Avis Budget’s shares have surged 744.3% in the past year. The company has a long-term earnings growth of 19.4%.

Cross Country Healthcare has an expected earnings growth rate of 447.8% for the current year. The company has a trailing four-quarter earnings surprise of 75%, on average.

Cross Country Healthcare’s shares have surged 201% in the past year. The company has a long-term earnings growth of 21.5%.

Accenture has an expected earnings growth rate of 19.7% for the current year. The company has a trailing four-quarter earnings surprise of 5.3%, on average.

Accenture’s shares have surged 43.2% in the past year. The company has a long-term earnings growth of 10%.

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