FTI Consulting Elects Ajay Sabherwal as Chief Financial Officer
July 18 2016 - 8:30AM
FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm
dedicated to helping organizations protect and enhance their
enterprise value, today announced that on July 14, 2016, the Board
of Directors of FTI Consulting elected Ajay Sabherwal as Chief
Financial Officer. Mr. Sabherwal will commence his employment on
August 15, 2016. He will serve as a member of the Executive
Committee and will be based out of the Company's executive
headquarters in Washington, D.C.
Mr. Sabherwal began his career serving in business planning,
consulting and equity analyst roles in the telecommunications
industry at CNCP Telecommunications, Deloitte, Barclays de Zoete
Wedd (“BZW”) Canada and the Canadian Imperial Bank of Commerce
(“CIBC”) World Markets from 1989 to 1999. Over the next 16 years,
Mr. Sabherwal served as Chief Financial Officer of several private
and publicly traded companies. From 1999 to 2005, Mr.
Sabherwal served as Executive Vice President and Chief Financial
Officer of Choice One Communications, Inc., a competitive local
exchange carrier providing telecommunications services to
businesses. From 2005 to 2009, Mr. Sabherwal served as Chief
Financial Officer of Aventine Renewable Energy, Inc., a bioethanol
production and marketing company. From 2009 to 2010, Mr. Sabherwal
served as Chief Financial Officer of Mendel Biotechnology, Inc., a
biotechnology company that was acquired by Koch Industries in 2014.
In July 2010, Mr. Sabherwal became the Executive Vice President and
Chief Financial Officer of FairPoint Communications, Inc., a
leading provider of telecommunications services primarily in
Northern New England, a position he will retain through the
completion and filing of FairPoint Communications, Inc.’s second
quarter 2016 Form 10-Q.
Commenting on Mr. Sabherwal’s election, Steven H. Gunby,
President and Chief Executive Officer of FTI Consulting, said,
"Ajay brings deep and diverse financial expertise and wide-ranging
operational capabilities to FTI Consulting. His skills and
intellect, but also his collaborative action-oriented work style,
make him an ideal fit for our team and for helping us accelerate
the successful journey FTI Consulting is on.”
Commenting on his election, Mr. Sabherwal said, “Given my
experience working with FTI Consulting in previous roles as a
client, I truly appreciate the incredibly high value added
expertise the firm delivers. I am excited to join this team of
outstanding professionals and I look forward to working with my new
colleagues across the globe as we further enhance and unlock value
for all of our stakeholders.”
About FTI ConsultingFTI Consulting, Inc. is a
global business advisory firm dedicated to helping organizations
protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 4,600
employees located in 28 countries, FTI Consulting professionals
work closely with clients to anticipate, illuminate and overcome
complex business challenges in areas such as investigations,
litigation, mergers and acquisitions, regulatory issues, reputation
management, strategic communications and restructuring. The Company
generated $1.78 billion in revenues during fiscal year 2015.
FTI Consulting, Inc.
1101 K Street NW
Washington, DC 20005
+1.202.312.9100
Investor & Media Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
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