Press Releases

Annapolis, MD - October 25, 2004

Additions to Forensic and Litigation Consulting and Interim Management

FTI Consulting, Inc. (NYSE: FCN), the premier provider of corporate finance/restructuring, forensic and litigation consulting, and economic consulting, today announced it hired three senior managing directors. Mark R. Kindy and Lucy Clark have joined the Forensic and Litigation Consulting practice and James E. Hyman has joined the Corporate Finance/Restructuring's interim management team.

New Hires in Forensic and Litigation Consulting Practice

Mark R. Kindy joins FTI consulting from Applied Discovery (a member of the LexisNexis Group) where he served as CEO. Prior to Applied Discovery, he was a managing director at BearingPoint in the media and entertainment group; where he headed high-profile global accounts, including Viacom and News Corporation; and helped lead the digital content and communications & content practices.

Mr. Kindy's vast experience in business consulting, auditing, legal information and litigation consulting includes industries as diverse as media, oil and gas, communications, healthcare, technology, insurance, construction, mining, aerospace and manufacturing. Prior to joining BearingPoint, he spent 18 years at Andersen, where he rose to partner and helped develop the firm's legal consulting practice. He also established and operated its image and information management technology centers, helped build Andersen's application service provider business, co-led the company's broadband initiative, and served as the global leader of its digital content practice.

Mr. Kindy earned a BS in Accounting with high distinction from Indiana University and is a member of the American Institute of Certified Public Accountants. He has published and spoken widely on media, technology and digital content. He will work out of FTI's New York office.

Lucy Clark served as the general counsel for the Department of Homeland Security (DHS) with responsibility for establishing and supervising the legal and regulatory framework of the nation's second largest federal agency and provided oversight for approximately 1200 attorneys. Subsequent to this post, she served as counselor to Secretary Ridge. Her responsibilities at the Department included policy and legal oversight related to national security cases, civil and criminal litigation, SAFETY Act Implementation, CFIUS, terrorism financing, critical infrastructure protection, border and transportation security, intelligence analysis, federal emergency and incident management, and visa policy. Ms. Clark also brings significant expertise in change and risk management given her leadership in integrating DHS' 22 component agencies into a $40 billion entity with 170,000 employees.

Prior to joining the Department, Ms. Clark served in the Executive Office of the President, Office of Homeland Security on the advisory team that crafted the President's Homeland Security proposal and that wrote the National Strategy for Homeland Security. In 2003, Government Executive/National Journal named Ms. Clark one of the top 100 most influential persons in Homeland Security.

Ms. Clark came to the White House from the Department of Justice where she served on the President's Transition Team as the lead Administration official in the Environment and Natural Resources Division. She joins Michael T. Dougherty, former director of operations for Immigration and Customs Enforcement at DHS, to develop FTI's homeland security service offerings and to help grow FTI's regulatory investigations business.

Ms. Clark earned a JD in May 1997 cum laude from the University of Michigan Law School, an MA in history from the University of Virginia in 1993, and in 1990 earned a BA in history cum laude from Yale University. Ms. Clark will work out of FTI's Washington, D.C. office.

Hyman Joins FTI's Interim Management Services Team

James E. Hyman joins FTI's Interim Management Services team within the company's Corporate Finance/Restructuring practice. Mr. Hyman has over 20 years experience in finance, operations, M&A and business restructuring across multiple industries. Prior to joining FTI, Mr. Hyman was a partner with Sandhurst Capital, a merchant bank focused on the financing and restructuring needs of small cap companies. Before Sandhurst, Mr. Hyman was executive vice president at Starwood Hotels & Resorts Worldwide, where his responsibilities included design and implementation of Six Sigma globally, as well as supervising Starwood's timeshare business, its design and construction activities and strategic sourcing.

Prior to Starwood, Mr. Hyman was president of a GE subsidiary in Europe and led business development for all GE Capital's equipment management businesses globally. Mr. Hyman joined GE Capital from Sequa Corporation, an industrial conglomerate, where he led corporate development. Mr. Hyman spent seven years with McKinsey & Company leading engagements for industrial, media and aerospace clients. Mr. Hyman started his career at JPMorgan, where he was an assistant treasurer in New York and London.

Mr. Hyman received an MBA with Distinction from the Harvard Business School and an AB with honors from the University of Chicago. Mr. Hyman will work out of FTI's New York office.

Commenting on the new appointments, Jack Dunn, FTI's president and chief executive officer said, “We are proud that these three exceptional individuals have joined the FTI team. They exemplify our commitment to building an integrated consulting practice with the most talented professionals in the country.

“Mark brings our clients vast industry knowledge and a proven mastery of important technology consulting issues,” Mr. Dunn said.

“Lucy's unique experience at the DHS will provide enormous insight for private sector clients navigating complex homeland security issues,” Mr. Dunn continued.

“James is another outstanding addition to our Interim Management Services team and further demonstrates our commitment to build this offering into a world-class business. His expertise in finance, operations, M&A and restructuring matters will be invaluable in serving the needs of a broad array of clients.”

About FTI Consulting

FTI is the premier provider of corporate finance/restructuring, forensic and litigation consulting, and economic consulting. Strategically located in 24 of the major U.S. cities and London, FTI's total workforce of approximately 1,000 employees includes numerous PhDs, MBA's, CPAs, CIRAs and CFEs who are committed to delivering the highest level of service to clients. These clients include the world's largest corporations, financial institutions and law firms in matters involving financial and operational improvement and major litigation.