Press Releases

Three Seasoned Professionals Expand FTI's Transaction Advisory Services and Communications & Media Offerings

Annapolis, MD - September 8, 2005
FTI Consulting, Inc. (NYSE: FCN), a premier provider of problem-solving consulting and technology services to major corporations, financial institutions and law firms, today announced the appointments of three new senior executives. Allen Schaar joins FTI Palladium Partners as senior managing director, Michael Slattery Jr. joins the Forensic/Litigation/Technology Consulting practice as senior managing director, and Kenneth Vogel joins Lexecon, an FTI Company, as managing director.

Commenting on the new appointments, Dominic DiNapoli, FTI's chief operating officer, said, “Our commitment to our clients and shareholders requires us to continually expand the breadth and depth of our talent pool. Allen, Mike and Ken each possess the high level of experience and expertise that has become synonymous with FTI's talented professionals. They bring tremendous value to the team and we look forward to their contributions to the business as we continue to grow and expand.”

New Appointments

Allen Schaar joins FTI Palladium Partners, the company's interim management business, as senior managing director in the Dallas office. In this role, he will partner with client companies to stabilize operations, restore credibility and provide senior management-level operational expertise. Hired into key interim management positions, Mr. Schaar will work alongside existing management teams and Boards, and help execute restructuring plans that achieve long-term positive change.

Before joining FTI, Mr. Schaar was a principal with Alix Partners, LLP. In that role, he was responsible for selling and delivering services to under-performing businesses, recruiting and developing consulting staff, merger integration and leading client engagements to turnaround under-performing companies in a variety of industries. Those industries included services/logistics, manufacturing, healthcare and financial services. Prior to Alix Partners, Mr. Schaar was president of Applied Business Technology (ABT), a network, computer sales and services organization serving the small business market. He was previously a partner in the energy and chemicals practice at Booz, Allen & Hamilton, where he was responsible for major business renewal programs with Fortune 100 companies in the chemical, pharmaceutical and energy industries. Mr. Schaar began his career at Arthur Andersen in the management information consulting division.

Mr. Schaar received his BBA in Finance from the University of Texas.

Michael (Mike) Slattery Jr. joins as senior managing director in FTI's Forensic/Litigation/Technology Consulting practice and will reside in the New York office. One of his primary responsibilities is to expand FTI's investigative consulting and risk information services. Mr. Slattery is an attorney and CPA who has over 15 years experience selling and delivering client services and managing businesses involved in the investigative and risk information arenas. He also has significant experience in leading organizations through change, especially during acquisitions or turnaround situations.

With a career spanning 28 years, Mr. Slattery comes to FTI from CARCO Group, Inc., an internet provider of business risk information and investigative consulting services to the insurance industry and Fortune 500 companies. In his position as president and COO, Mr. Slattery was charged with revamping the company's financial and operational performance. This included responsibility for all client and product aspects of its risk information and investigative consulting business. Prior to his time at CARCO, Mr. Slattery spent 14 years with Kroll Associates, where he served as executive vice president and managed the legal, finance, information technology and business development functions. Before joining Kroll, Mr. Slattery spent 10 years as a special agent for the FBI where he investigated federal criminal violations relating to organized crime, bankruptcy fraud, bank fraud and embezzlement, narcotics trafficking, and money laundering.

Mr. Slattery received his BBA in International Business from Bernard M. Baruch College, his MBA in Accounting from St. Johns University, and his JD from New York Law School.

Kenneth (Ken) Vogel joins Lexecon, an FTI Company, as managing director. He will be based in the Denver office and will focus on the energy industry. His extensive experience in all phases of the energy industry, including oil, gas, coal, geothermal and electricity will enable him to provide both privileged and expert consulting services to clients in the energy industry as well as in regulatory and governmental areas.

Most recently, Mr. Vogel spent 16 years with the Minerals Management Service (MMS), a bureau of the U.S. Department of the Interior, and for the past 12 years, he served as the first chief of enforcement for the Office of Enforcement (OE), which oversees the alternative dispute resolution program and coordinates the informal resolution of administrative appeals. Prior to the MMS, Mr. Vogel served as an associate professor of law at Loyola Law School and as an assistant professor of economics at the State University of New York at Buffalo, positions that equipped him with both practical and theoretical expertise in various law and economic problems in the energy industry.

Mr. Vogel received his SB in Urban Studies from Massachusetts Institute of Technology, his JD from University of Pennsylvania Law School, and his Ph.D. in Public Policy Analysis from Wharton School at the University of Pennsylvania.

About FTI Consulting
FTI is a premier provider of problem-solving consulting and technology services to major corporations, financial institutions and law firms when confronting critical issues that shape their future and the future of their clients, such as financial and operational improvement, major litigation, mergers and acquisitions and regulatory issues. Strategically located in 24 of the major US cities, London and Melbourne, FTI's total workforce of more than 1,100 employees includes numerous PhDs, MBAs, CPAs, CIRAs and CFEs, who are committed to delivering the highest level of service to clients. Additional information is available at: www.fticonsulting.com.