Glenn Tobias
WASHINGTON, May 22, 2017 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced leadership appointments and the addition of three Managing Directors at FTI Capital Advisors (member FINRA/SIPC), the wholly owned investment banking subsidiary of FTI Consulting, effective immediately.
Glenn Tobias, who has been with FTI Consulting for more than eight years and has been instrumental in building the FTI Capital Advisors business, has been named Chief Executive Officer (“CEO”) of FTI Capital Advisors. He assumes the role from Carlyn Taylor, who becomes Chairperson of FTI Capital Advisors after more than 10 years as CEO.
In addition, Asher Cohen, Peter Gray and James McLain have joined FTI Capital Advisors as Managing Directors. Mr. Cohen joins after 12 years with Houlihan Lokey, Inc. and will focus on developing investment banking deal flow in the telecommunications, media and technology (“TMT”) industry, working closely with FTI Consulting’s TMT industry practice. Mr. Gray joins from Gerald Metals and will focus on driving mergers and acquisitions (“M&A”) and capital markets activities for mining companies and their investors and stakeholders in FTI Consulting’s Global Mining Advisory Practice. Mr. McLain joins from Coker Capital Advisors and will focus on providing investment banking advisory services to clients of FTI Consulting’s Health Solutions practice, middle-market healthcare companies and private equity investors.
“I am excited to take on the role of CEO of FTI Capital Advisors,” Mr. Tobias said. “Working with Carlyn, we have built a strong foundation at FTI Capital Advisors over the past several years, which is evident in the success we experienced in 2016, partnering with subject-matter experts from across FTI Consulting to close a number of significant transactions in multiple industries. I look forward to continuing to work with Carlyn, and the additions of Asher, Peter and James build on our strategy of providing investment banking solutions in both our strong industry practices as well as in distressed and stressed middle-market M&A.”
Ms. Taylor, who also is Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting and the firm’s Industry Initiative Leader, added, “C-suite relationships along with functional and industry knowledge are critical to a transaction’s outcome. Our ‘single-team’ approach combining industry specialists with our deep subject-matter and consulting expertise, investment banking capabilities and relationships across the deal community adds value, speed and efficiency for our clients. I congratulate Glenn on his new role and welcome Asher, Peter and James to the team.”
Mr. Tobias has more than 25 years of professional experience in M&A, debt and equity capital markets, project finance, corporate finance, executive management and consulting, including 12 years at BNP Paribas as the former head of Energy Natural Resources and Project Finance. Prior to that, he spent six years at Global Crossing Limited as Vice President of Corporate Development and Structured Finance. Mr. Tobias holds FINRA Series 24, Series 79, Series 82 and Series 63 investment banking licenses. He is based in New York.
Mr. Cohen has more than 15 years of providing investment banking advisory services to TMT clients. Transactions include sell-side and buy-side M&A, private and public capital markets, fairness and solvency opinions, recapitalizations and financial restructurings. He previously led Houlihan Lokey’s Telecom and Internet Infrastructure coverage. Mr. Cohen holds FINRA Series 7, Series 79 and Series 63 investment banking licenses. He is based in Los Angeles.
Mr. Gray has more than 30 years of experience in project finance, investment banking, merchant banking and M&A, focusing on international mining finance. He held numerous leadership positions across the mining industry, including as Co-Head of Commodities Trading at Gerald Metals’ merchant banking and physical metals trading business in Switzerland and the United States. Mr. Gray also served as Head of KPMG’s Energy, Mining and Natural Resources Group in Corporate Finance and spent almost 20 years with ANZ Investment Bank and NAB Capital in their Corporate Finance and Project and Structured Finance divisions. He is based in New York.
Mr. McLain has 18 years of M&A and corporate finance experience and has initiated and completed numerous strategic and financial transactions for healthcare companies. He has advised owners and management teams in a broad range of healthcare subsectors, including behavioral healthcare, specialty physician services, diagnostic labs, dental products and services, health and wellness, payor services and medical products. Mr. McLain holds FINRA Series 79 and Series 63 investment banking licenses. He is based in New York.
About FTI Capital Advisors
FTI Capital Advisors provides private M&A, investment banking and strategic advice (including the issuance of fairness opinions) with a dedicated focus on the middle market in targeted industries, including TMT, mining, healthcare, energy (including power, utilities, clean energy and oil and gas), and real estate. Professionals work closely with functional areas of FTI Consulting such as Restructuring, Performance Improvement, Interim Management and Valuation.
About FTI Consulting
FTI 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 4,700 employees located in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $1.81 billion in revenues during fiscal year 2016. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.