FTI Consulting appointed Damon Yousefy as Senior Managing Director, specializing in restructuring and bankruptcy tax issues.
Quiver AI Summary
FTI Consulting, Inc. has announced the appointment of Damon Yousefy as a Senior Managing Director in its Transactions practice within the Corporate Finance segment. Based in Dallas, Yousefy brings expertise in restructuring and bankruptcy tax, having advised on significant debt restructurings and complex tax issues across various industries, including oil and gas, technology, and media. His role will involve supporting distressed companies with tax matters related to debt cancellation, liability management, and transaction structuring, among others. Yousefy previously held a Managing Director position at Alvarez & Marsal and focused on M&A tax services at PwC. His addition comes at a time of market volatility, as noted by Melissa Wichman, Co-Leader of U.S. Tax Advisory, who highlighted his ability to navigate challenges that organizations face. FTI Consulting is recognized as a leading firm in crisis management with a global presence and significant revenue.
Potential Positives
- The appointment of Damon Yousefy as a Senior Managing Director enhances FTI Consulting's expertise in restructuring and bankruptcy tax, which is critical in current market conditions affected by geopolitical instability and high energy prices.
Potential Negatives
- The press release emphasizes the impact of geopolitical instability and high energy prices on various industries, which may indicate broader economic challenges that could affect FTI Consulting's business and client demand.
- Mentioning the pressure on leveraged companies due to rising interest rates and private credit stress suggests that FTI Consulting may be anticipating an increase in demand for their restructuring services, potentially reflecting concerns about financial health in their client base.
- The appointment of a Senior Managing Director specifically focused on distressed situations may highlight a shift in the firm's focus towards crisis management, which could imply that more of their clients are experiencing financial difficulties.
FAQ
Who is Damon Yousefy?
Damon Yousefy is a newly appointed Senior Managing Director in the Transactions practice at FTI Consulting, specializing in restructuring and bankruptcy tax.
What is Damon Yousefy's role at FTI Consulting?
In his role, Mr. Yousefy will support companies in financial distress with complex tax issues and transactions.
What industries has Damon Yousefy worked in?
He has experience across various industries, including oil and gas, technology, media, mining, and distressed M&A.
What prior experience does Damon Yousefy have?
Before joining FTI Consulting, he was a Managing Director at Alvarez & Marsal, focusing on distressed client engagements.
What services does FTI Consulting offer?
FTI Consulting provides expert services for organizations facing crisis and transformation, including comprehensive tax support in restructuring.
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.
$FCN Insider Trading Activity
$FCN insiders have traded $FCN stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FCN stock by insiders over the last 6 months:
- STEVEN HENRY GUNBY (CEO, Chairman and President) has made 2 purchases buying 10,000 shares for an estimated $1,441,707 and 0 sales.
- PAUL ALDERMAN LINTON (Chief Strategy/Transf. Officer) purchased 2,400 shares for an estimated $345,696
- EUN NAM (Chief Financial Officer) purchased 2,000 shares for an estimated $289,180
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FCN Revenue
$FCN had revenues of $983.3M in Q1 2026. This is an increase of 9.47% from the same period in the prior year.
You can track FCN financials on Quiver Quantitative's FCN stock page.
You can access data on FCN stock through the Quiver Quantitative API.
$FCN Hedge Fund Activity
We have seen 195 institutional investors add shares of $FCN stock to their portfolio, and 229 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAWER INVESTMENT MANAGEMENT LTD. removed 994,723 shares (-43.1%) from their portfolio in Q1 2026, for an estimated $175,837,184
- MORGAN STANLEY removed 846,452 shares (-71.6%) from their portfolio in Q1 2026, for an estimated $149,627,320
- FIDUCIARY MANAGEMENT INC /WI/ added 823,713 shares (+inf%) to their portfolio in Q1 2026, for an estimated $145,607,747
- PRICE T ROWE ASSOCIATES INC /MD/ added 648,940 shares (+123.5%) to their portfolio in Q1 2026, for an estimated $114,713,123
- VICTORY CAPITAL MANAGEMENT INC added 503,885 shares (+44.6%) to their portfolio in Q4 2025, for an estimated $86,078,674
- M&T BANK CORP added 318,571 shares (+10081.4%) to their portfolio in Q4 2025, for an estimated $54,421,483
- FMR LLC added 235,282 shares (+17.9%) to their portfolio in Q1 2026, for an estimated $41,590,799
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
WASHINGTON, May 27, 2026 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of
Damon Yousefy
as a Senior Managing Director in the Transactions practice within the firm’s Corporate Finance segment.
Mr. Yousefy, who is based in Dallas, specializes in restructuring and bankruptcy tax and has worked on numerous notable debt restructurings advising companies on complex tax matters. His experience also includes large-scale mergers and acquisitions as well as distressed M&A services across a variety of industries including oil and gas, technology, media, mining and other sectors.
In his role at FTI Consulting, Mr. Yousefy will support companies in financial distress on complex tax issues such as cancellation of debt income, significant modifications, liability management transactions, and partnership tax considerations in restructurings. He will also help clients through tax due diligence, structuring, and tax modeling for U.S. and international transactions.
“Geopolitical instability and high energy prices are impacting multiple industries, while interest rates and private credit stress add pressure to leveraged companies,” said Melissa Wichman , Co-Leader of U.S. Tax Advisory at FTI Consulting. “Damon’s track record of delivering value through early tax intervention and his ability to work across industries will be instrumental to help our clients successfully navigate market volatility.”
Prior to joining FTI Consulting, Mr. Yousefy was a Managing Director at Alvarez & Marsal, where he managed distressed client engagements and led multi-billion-dollar debt restructuring and bankruptcy tax engagements. He previously worked at PwC, where he focused on M&A and restructuring tax services.
Commenting on his appointment, Mr. Yousefy said, “FTI Consulting is known in the industry as a leading restructuring firm, capable of offering clients fully integrated and comprehensive tax support. I look forward to joining my colleagues as we anticipate challenges, preserve liquidity and unlock value for our clients.”
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of March 31, 2026. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.8 billion in revenues during fiscal year 2025. More information can be found at 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
[email protected]
Media Contact:
Sam Ford
+1.617.480.7402
[email protected]
