Press Releases

Senior Professionals Bolster FTI's Investment Banking, Forensic and Litigation, Technology and Economic Consulting Expertise

Baltimore, MD - May 24, 2006
FTI Consulting, Inc. (NYSE: FCN), a premier provider of problem-solving consulting and technology services to major corporations, financial institutions and law firms, announced today the appointments of four new senior professionals. Kevin Shultz joins FTI Capital Advisors, LLC, Terry Orr joins the FTI Forensic and Litigation Consulting practice, Craig Earnshaw joins the FTI Technology practice and Bruce Benson joins the FTI Economic Consulting practice.

Commenting on the new appointments, Dominic DiNapoli, FTI's chief operating officer, said, “With every professional we hire, FTI is demonstrating its commitment to hiring the best talent. The additions of Kevin, Terry, Craig and Bruce reflect that commitment.”

New Appointments

Kevin Shultz joins FTI Capital Advisors, LLC, the company's wholly owned investment banking subsidiary as senior managing director in the Los Angeles office. Mr. Shultz brings nearly 25 years of investment banking and strategic consulting experience to both middle market and larger corporations alike, both domestically and overseas. As an investment banker and consultant, Mr. Shultz has been involved in mergers and acquisitions, management buyouts, private and public financings, valuations and fairness opinions for clients ranging from multibillion dollar conglomerates to early stage companies. At FTI Capital Advisors, he will focus on middle market companies in all aspects of mergers and acquisitions, corporate sales, divestitures and raising capital on the convergence of technology, multimedia and networking sectors.

Prior to joining FTI Capital Advisors, Mr. Shultz founded a consulting firm where he acted as an advisor to several companies, including one of the country's leading provider of services to the internet, a major provider of payroll services to the entertainment industry and the nation's premier independent talk radio syndication company. Mr. Shultz has worked for Drexel Burnham Lambert, where he directed the West Coast corporate sale and divestiture effort, Prudential Securities and at McKinsey & Company, where he worked in the firm's acquisition advisory practice.

Mr. Shultz holds a BA in Economics, summa cum laude, from the University of California at Santa Barbara and an MBA from the Harvard Graduate School of Business Administration.

Terry Orr joins FTI's Forensic and Litigation Consulting practice as senior managing director in FTI's Dallas office. With over 25 years of audit experience as a certified public accountant, Mr. Orr has an extensive background in auditing and reviewing financial statements. He also has significant experience advising clients in the preparation and review of various types of SEC and other regulatory filings where he practiced before the SEC. At FTI, he will focus on providing forensic accounting and investigation services as well as accounting and damages expertise in commercial matters such as post-acquisition disputes.

Prior to joining FTI, Mr. Orr was a partner with BDO Seidman, LLP, and has previously worked for a Big Four accounting firm. Mr. Orr's work has specialized in the manufacturing/distribution, real estate, high tech, hospitality, energy, healthcare and gaming industries.

Mr. Orr holds a BS in Accounting and Business Administration from Brigham Young University, is a member of the American Institute of Certified Public Accountants and is a licensed CPA in the states of Texas and Nevada.

Craig Earnshaw joins FTI's Technology as managing director in the rapidly expanding London office. Mr. Earnshaw has more than eight years of experience specializing in forensic computing and electronic evidence. He will counsel clients in the areas of European Union-based electronic discovery and disclosure, computer-based forensics and electronic data hosting for litigation. Mr. Earnshaw will serve as a key contributor as FTI Consulting expands all aspects of its electronic evidence offering for litigations, disputes and investigations throughout Europe.

Prior to joining FTI, Mr. Earnshaw was the head of the CRA International forensic computing services group where he was responsible for all forensic computing practice engagements and practice development. Immediately prior, he was employed by Lee & Allen in its forensic computing services group. His engagement experience includes fraud, electronic disclosure and discovery, intellectual property, accounting systems and insolvency. He has provided expert testimony in the High Court in London and has testified at depositions in the US. He regularly presents and has published numerous articles on forensic computing and electronic evidence.

Mr. Earnshaw is a member of the British Computer Society, an associate of the Institute of Analysts and Programmers, board member of the Institute of Computer Forensic Professionals and member of the Fraud Advisory Panel CyberCrime Working Party. He holds a B.Sc. Computer Science from the University of Durham.

Bruce Benson joins FTI's Economic Consulting practice as senior managing director in the New York office. Mr. Benson brings more than 20 years of entertainment and media expertise, including a proven record of accelerating global profits and growth in leading international media, entertainment and consulting companies. He is an entrepreneurial leader with an exceptional understanding of advanced media technologies. He will assist FTI's studio, broadcast, newspaper and book publishing clients to develop revenue and growth strategies, enhance competitive positioning, maximize digital content revenue streams and create portfolio management strategies.

Prior to joining FTI, Mr. Benson was an entertainment and media industry principal with SAP North America where he was responsible for industry sales leadership, thought leadership and co-managing the development of entertainment and media related software in Germany. In this and other positions, Mr. Benson has demonstrated skills in strategic planning, profit and loss management and global business management. In addition, Mr. Benson held various executive positions at Young & Rubicam, Sony Entertainment and was a partner at PriceWaterhouse.

Mr. Benson holds a BS in Mathematics from the University of Houston.

About FTI Capital Advisors, LLC
FTI Capital Advisors, LLC serves its clients by advising on debt and equity private placements, providing sell-side and buy-side acquisition advisory services, delivering fairness opinions and valuation engagements. The investment bank advises both healthy and distressed public and privately-held companies, as well as organizations in “special situations”, with a particular focus on several industries, including telecommunications, healthcare, retail, real estate, consumer food/restaurants and basic services, and manufacturing. FTI Capital Advisors, LLC is a member of the NASD and SIPC.

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 25 of the major US cities, London and Melbourne, FTI's total workforce of more than 1,400 employees includes numerous PhDs, MBAs, CPAs, CIRAs and CFEs, who are committed to delivering the highest level of service to clients.