FTI CONSULTING Business Summary

FTI Consulting, Inc. (FCN) operates as a global business advisory firm, generating revenue primarily through fee-based professional services and billable hours across five core segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. The firm’s business model is built on providing multidisciplinary expertise to help organizations manage change, mitigate risk, and resolve high-stakes disputes, with a particularly dominant market position in bankruptcy restructuring and forensic accounting. FTI Consulting competes directly with specialized advisory firms such as Alvarez & Marsal, AlixPartners, and Berkeley Research Group, as well as the consulting arms of the "Big Four" accounting firms (Deloitte, PwC, KPMG, and EY). Within this landscape, FTI distinguishes itself as a premier mid-market and large-cap specialist, frequently serving as the lead advisor for 98 of the world’s top 100 law firms and over 80% of Fortune 100 companies. The company was founded in 1982 by engineers Joseph Reynolds and Daniel Luczak as Forensic Technologies International, initially focusing on providing expert witness testimony and technical evidence for legal proceedings. Today, the leadership team is led by President, CEO, and Chairman Steven H. Gunby, a former Senior Partner at The Boston Consulting Group (BCG) who is credited with the firm’s decade-long expansion. Key executives include Interim CFO and Chief Strategy and Transformation Officer Paul Linton (also a BCG alumnus), Chief Human Resources Officer Ulrike Rabl (formerly of Deloitte), and General Counsel Curtis P. Lu. The firm is overseen by a board that includes Lead Independent Director Claudio Costamagna and notable members like Laureen E. Seeger. FTI Consulting is a publicly traded entity with significant institutional backing from major investors, including Mawer Investment Management, Kayne Anderson Rudnick, Vanguard Group, and BlackRock.