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Delayed Nyse  -  04:00 2022-12-02 pm EST
171.45 USD   +1.77%
12/02FTI Consulting Increases Share Repurchase Program by $400 Million
12/02FTI Consulting, Inc. Announces $400.0 Million Stock Repurchase Authorization
12/02FTI Consulting, Inc. Announces $400.0 Million Stock Repurchase Authorization
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FTI Consulting : Procurement Expert Pravin Khandare Joins FTI Consulting as Managing Director

05/02/2022 | 08:47am EST

Washington, D.C., May 2, 2022 - FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Pravin Khandare as a Managing Director within the firm's Business Transformation practice, where he will focus on performance improvement for sourcing and procurement organizations.

Based in New York, Mr. Khandare brings years of experience building, transforming and leading procurement organizations for pharmaceutical, biotech, medical devices, consumer products, chemicals and industrial companies. He provides expertise in strategic procurement; category management; supplier relationship management; supplier-enabled innovation; environmental, social and governance; organizational operating models; and operational excellence through procure-to-pay processes, enhanced compliance and controls, and improved materials risk management.

At FTI Consulting, Mr. Khandare will advise clients on transforming sourcing, supply chain and operations, with a focus on the healthcare, consumer products and energy industries.

"FTI Consulting leverages real-world experiences to solve today's most pressing challenges in supply chain and procurement," said Keith Cooper, Senior Managing Director and Leader of the Business Transformation Operations & Revenue Transformation practice at FTI Consulting. "Pravin's experience aligning procurement capabilities to business strategies in multiple industries will be invaluable to our clients as we continue to help drive change across the enterprise by focusing on the specific challenges and opportunities that impact performance."

Prior to joining FTI Consulting, Mr. Khandare was Chief Procurement Officer at Biogen, where he led transformation of the procurement organization, including establishing global and standardized processes and policies, improving spend data transparency and analytics, restructuring the procurement organization operating model while improving functional capabilities. Before that, Mr. Khandare held various senior leadership roles at Johnson & Johnson, where he led procurement organizations and helped drive higher value through standardized and simplified sourcing practices. He also led the design and implementation of the supply chain procurement organization operating model across Johnson & Johnson's business units.

Mr. Khandare has previous experience working at professional services firms, where he advised several Fortune 50 clients and state governments on operations improvement, strategic sourcing, category management, supplier management, supply risk management and value creation.

Commenting on his appointment, Mr. Khandare said, "Supply chain disruptions are affecting almost every industry. I'm excited to join a team that is hyper-focused on helping companies improve performance by mitigating supply chain challenges and delivering sustainable transformation at a time when organizations are undergoing rapid change."

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 6,900 employees located 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 revenues during fiscal year 2021. In certain jurisdictions, FTI Consulting's services are provided through distinct 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.
555 12th Street NW
Washington, DC 20004

Investor Contact: Mollie Hawkes

Media Contact: Matthew Bashalany


FTI Consulting Inc. published this content on 02 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2022 12:46:09 UTC.

ę Publicnow 2022
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Financials (USD)
Sales 2022 2 993 M - -
Net income 2022 235 M - -
Net Debt 2022 - - -
P/E ratio 2022 26,1x
Yield 2022 -
Capitalization 5 768 M 5 768 M -
Capi. / Sales 2022 1,93x
Capi. / Sales 2023 1,80x
Nbr of Employees 7 518
Free-Float 97,5%
Duration : Period :
FTI Consulting, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends FTI CONSULTING, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 171,45 $
Average target price 220,00 $
Spread / Average Target 28,3%
EPS Revisions
Managers and Directors
Steven Henry Gunby President, Chief Executive Officer & Director
Ajay Sabherwal Chief Financial Officer & Treasurer
Gerard Edward Holthaus Non-Executive Chairman
Gregory Wills Chief Information Officer
Sophie Ross Global Chief Executive Officer-Technology