FTI Consulting appoints restructuring expert Jo Hewitt as Senior Managing Director, enhancing its Corporate Finance & Restructuring segment.
Quiver AI Summary
FTI Consulting, Inc. announced the appointment of Jo Hewitt as a Senior Managing Director in its Corporate Finance & Restructuring segment, enhancing the firm's expertise in restructuring and insolvency. With over 20 years of experience in UK and cross-border insolvencies, Hewitt will represent companies and investors in restructurings and insolvency appointments. Her background includes leading complex administrations and voluntary arrangements across Europe, making her a valuable addition to FTI's market position. Formerly a Managing Director at Alvarez & Marsal, she expressed enthusiasm for FTI's collaborative culture and vision in the restructuring field.
Potential Positives
- Appointment of Jo Hewitt as Senior Managing Director enhances FTI Consulting's expertise in restructuring and insolvency, reinforcing the firm's reputation in the industry.
- Ms. Hewitt brings over 20 years of experience and has led substantial and complex insolvency processes in the UK, which is likely to attract more clients seeking such specialized services.
- Her addition is expected to consolidate FTI Consulting's market-leading position in UK restructuring plans and cross-border transactions, potentially increasing the firm's competitiveness and service offerings.
- Jo Hewitt’s extensive background and relationships within the industry may facilitate new business opportunities and partnerships for FTI Consulting moving forward.
Potential Negatives
- The press release highlights the appointment of a restructuring expert, which could indicate that the company is experiencing financial difficulties or struggles in its client base, necessitating this expertise.
- Recruitment from a competitor in the insolvency space may signify internal challenges in retaining talent or adapting to market demands.
- Emphasis on restructuring and insolvency solutions may project a perception of instability in the firm's client relationships or industry positioning.
FAQ
Who is Jo Hewitt and what is her role at FTI Consulting?
Jo Hewitt is a Senior Managing Director specializing in restructuring and insolvency at FTI Consulting, bringing over 20 years of experience.
What expertise does Jo Hewitt bring to FTI Consulting?
Ms. Hewitt specializes in UK and cross-border insolvencies, restructurings, and plans, enhancing FTI Consulting's senior insolvency offerings.
What prior experience does Jo Hewitt have?
Before FTI Consulting, Jo Hewitt was a Managing Director at Alvarez & Marsal and held a Director position at EY.
Why did Jo Hewitt choose to join FTI Consulting?
Hewitt admires FTI's expertise and professionalism and aligns with the firm’s ambitions in the restructuring and insolvency market.
What industries does Jo Hewitt work with?
Ms. Hewitt advises clients across various sectors, including real estate, financial services, infrastructure, and healthcare.
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.
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Full Release
LONDON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of restructuring and insolvency expert Jo Hewitt as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment.
Bringing more than 20 years of experience in UK and cross-border insolvencies, restructurings, restructuring plans and schemes of arrangement to FTI Consulting, Ms. Hewitt’s arrival reinforces the firm’s reputation for delivering ground-breaking schemes and insolvency solutions. In her role at the firm, she will represent companies and investors on restructurings and serve in insolvency appointments.
“Jo is an impressive practitioner who will play a pivotal role in our future success, and we are excited to have her on board,” said Matt Callaghan , a Senior Managing Director and Head of the UK Insolvency practice at FTI Consulting. “Her decision to join FTI Consulting speaks to the evolution of the team over the last few years and our ambitions for the future. Jo’s expertise on UK restructuring plans, schemes and cross-border transactions will consolidate our market-leading position in this space and further strengthens our senior insolvency offering.”
Ms. Hewitt, who is based in London, advises companies, financial institutions, private equity funds and other creditors of distressed organisations on restructuring situations and refinancings. As a licensed insolvency practitioner, she has led on some of the UK’s largest and most complex administrations working with clients across a range of industries, including real estate, financial services, infrastructure and healthcare. In addition, Ms. Hewitt has successfully overseen numerous company voluntary arrangements across Europe, which will add further depth to the firm's cross-border team in the region.
Prior to joining FTI Consulting, Ms. Hewitt was a Managing Director at Alvarez & Marsal, where she led the European Restructuring Plan practice. Whilst there, she also served as co-leader of the UK Complex & International Insolvency team. Previously, she was a Director at EY.
Commenting on her appointment, Ms. Hewitt said, “Restructuring and insolvency situations are incredibly challenging for clients, and it is a privilege to use my expertise to guide them toward solutions when the outlook looks bleak. Collaborating with a team that shares my passion for what we do is crucial, and having worked opposite FTI Consulting on several occasions, I have always admired their expertise, insight and professionalism. The firm’s exciting plans to further strengthen its leading position in the restructuring and insolvency market perfectly align with my own goals, offering the ideal platform and culture for success.”
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories as of December 31, 2024. The Company generated $3.69 billion in revenues during fiscal year 2024. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. More information can be found at
www.fticonsulting.com
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FTI Consulting, Inc.
200 Aldersgate
Aldersgate Street
London EC1A 4HD
+44 20 3727 1000
Investor Contact:
Mollie Hawkes
+1.617.747.1791
[email protected]
Media Contact:
Helen Obi
+44 20 7632 5071
[email protected]
