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FTI Consulting (FCN) to Boost Services With New Appointments

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Multi-disciplined consulting firm — FTI Consulting, Inc. (FCN - Free Report) — has made strategic changes in its management with its two new appointments.  The company named Peter Glanville as a Senior Managing Director and Graham Davies as a Managing Director in the company’s Forensic & Litigation Consulting segment in Hong Kong. Glanville and Davies are expected to enhance the company’s risk, investigations and disputes offerings across Asia.

About Glanville & Davies

Glanville joins the company with years of experience in advising senior management of multinational corporations, barristers, lawyers and internal audit groups, across various industries. He also has significant experience in conducting internal investigations and enabling senior management tackle allegations of employee or supplier fraud, bribery and corruption or misappropriation.

Davies started his career with a Big Four firm in the U.K. He would be joining the company after being part of an Australian boutique firm. Similar to Glanville, he has worked across a wide range of industries.

Expected Impact on the Company

Glanville and Davies will help strengthen the company’s accounting and financial reporting, disputes, fraud, regulatory scrutiny and anti-corruption services. Their expertise will help enhance FTI Consulting’s relationship with its clients.

In additions to these two appointments, the company has also appointed Lawrence Smith, who will lead the firm’s Global Risk & Investigations Practice in the Middle East and North Africa; and a senior team in South Africa focused on complex cases of fraud, financial disputes and corruption.

FTI Consulting has outperformed the industry in the last month with a gain of 2.9% compared with 0.4% rally for the latter. We expect increased regulatory scrutiny and a proliferation of corporate litigation to strengthen demand for the company’s products.

Zacks Rank & Stocks to Consider

FTI Consulting carries a Zacks Rank #4 (Sell).

Some better-ranked stocks in the same space are Exponent, Inc. (EXPO - Free Report) , CRA International, Inc. (CRAI - Free Report) and NV5 Global, Inc. (NVEE - Free Report) . Exponent and CRA International both sport a Zacks Rank #1 (Strong Buy), while NV5 Global carries a Zacks Rank #2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.

Exponent pulled off an average positive surprise of 10.1% over the trailing four quarters, beating estimates thrice.

CRA International pulled off an average positive surprise of 5.3% over the trailing four quarters, beating estimates twice.

NV5 Global pulled off an average positive surprise of 2.9% over the trailing four quarters, beating estimates twice.

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