FTI Consulting Expands Global Construction, Projects & Assets Practice with Two Senior Hires
August 13 2024 - 7:30AM
FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of
its global Construction, Projects & Assets practice with the
appointments of Thomas Thompson as a Senior Managing Director in
Houston and Stuart McIvor as a Managing Director in Dubai.
Mr. Thompson has more than three decades of experience in the
construction and engineering industries, executing large-scale
projects and programs globally. His experience includes project
management advisory, operational cost estimating, program
scheduling, contract negotiations and execution planning. In his
role at FTI Consulting, he will help organizations manage
project-related risks, define execution strategies, create project
recovery plans and resolve challenges that arise throughout the
delivery lifecycle, including expert testimony in formal dispute
resolution.
“We are committed to building a global team of experts to drive
value for our clients across all aspects of the construction
industry, as the sector faces evolving risks and increasing
pressure to boost profit,” said Garrett Fultz, Global Leader of the
Construction, Projects & Assets practice within the Forensic
and Litigation Consulting segment at FTI Consulting. “The
experience that Tom and Stuart bring to our practice is a
reflection of the investment we’ve been making to provide our
clients with deep, on-the-ground expertise wherever they do
business.”
Prior to joining FTI Consulting, Mr. Thompson was a Managing
Director at Ankura, where he focused on contract and risk
management, analysis and controls. He has extensive experience in
major refining, liquefied natural gas, infrastructure, chemical,
and onshore and offshore oil and gas projects.
Commenting on his appointment, Mr. Thompson said, “The
environment for construction projects is growing increasingly
complex around the world, and businesses need tailored solutions to
fit their unique goals. I look forward to joining my colleagues at
FTI Consulting to bring data-driven solutions to address our
clients’ most critical challenges.”
Mr. McIvor has nearly two decades of experience providing expert
services in the construction and engineering industries,
specializing in forensic delay analysis, dispute resolution, claims
management and planning services on major projects across the UK,
Europe, Middle East and Asia-Pacific regions. He has served as an
expert witness and delivered testimony under cross-examination,
providing objective conclusions relied upon during arbitration.
At FTI Consulting, Mr. McIvor will support clients with expert
testimony and assist them with navigating construction and
engineering delays, program preparation and time and risk
assessments. Prior to joining the firm, Mr. McIvor was a Director
and the Head of Delay in the Middle East for Capital Consulting
International.
“Our clients are fielding a growing number of
construction-related disputes and facing uncertainty as they work
to deliver large-scale projects,” said Joe Slavis, a Senior
Managing Director and Head of North America Construction, Projects
& Assets at FTI Consulting. “The addition of Tom and Stuart
strengthens the breadth of capabilities we provide to ensure our
clients have support throughout the asset lifecycle.”
The appointments of Mr. Thompson and Mr. McIvor are the latest
in the expansion of FTI Consulting’s global Construction, Projects
& Assets practice, including the recent hirings of Senior
Managing Director Greg Parker and Managing Director Alex McBride in
the United States, Managing Director John Wright in Bogotá,
Colombia, Managing Directors Matt Hanson and James Sitter in the
United Kingdom, and the launch of the Construction, Projects &
Assets practice in Sweden with the arrival of Managing Director Kaj
Möller.
About the Construction, Projects & Assets
practiceConstruction projects, the resulting assets and
their operation are inherently complex and prone to risk. At the
same time, digital transformation, increased regulatory
requirements, supply chain disruptions and skilled labor shortages
have left companies under increasing pressure to maximize
profitability. Through first-hand experience and industry
knowledge, FTI Consulting’s internationally recognized experts
support clients across the asset lifecycle, providing a wide array
of advisory services to address the technical, commercial and legal
challenges facing today's built environment.
About FTI ConsultingFTI 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 8,000 employees located in 33
countries and territories, FTI Consulting professionals work
closely with clients to anticipate, illuminate and overcome complex
business challenges and make the most of opportunities. The Company
generated $3.49 billion in revenues during fiscal year 2023. In
certain jurisdictions, FTI Consulting’s services are provided
through distinct legal entities that are separately capitalized and
independently managed. More information can be found at
www.fticonsulting.com.
FTI Consulting, Inc.555 12th Street
NWWashington, DC 20004+1.202.312.9100
Investor Contact:Mollie
Hawkes+1.617.747.1791mollie.hawkes@fticonsulting.com
Media Contact:Samantha
Ford+1.617.480.7402samantha.ford@fticonsulting.com
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