SYDNEY, Australia, July 13, 2016 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value, today announced the expansion of the firm’s Corporate Finance & Restructuring segment in Australia with the addition of two Senior Managing Directors, Marcus Derwin and Michael McCreadie. These two senior appointments strengthen the firm’s Australian leadership team bringing both global and industry expertise to the region.
“We are focused on building from our strong North American practice to achieve critical mass in global markets such as Australia, as our brand and prominent client engagements allow us to attract top-tier talent,” said Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting. “These two appointments, combined with our recent marquee restructuring wins in Australia, further enhance our capabilities in this market.”
Mr. Derwin joins the firm’s Sydney office from RCubed Group, a corporate advisory practice focused on interim executive restructuring roles, which he founded in 2011. With more than 20 years of corporate restructuring and crisis management experience, Mr. Derwin is a highly regarded restructuring practitioner and chief restructuring officer who provides strategic advice and interim executive capabilities to clients in complex restructuring and recapitalisation situations. Additionally, he has advised boards of directors, both public and private, and has worked within and alongside executive teams on implementation, stakeholder management and recapitalisation strategies. His prior experiences have incorporated a range of portfolio management, debt refinancing, M&A, IPOs, public to private transactions and post-deal integration capabilities. Mr. Derwin has broad industry experience, including financial services, telecommunications, resources, agriculture and manufacturing. Prior to founding RCubed Group, Mr. Derwin served as a Senior Executive in the Funds Management sector with AMP, where he managed a global AU$2 billion Alternative Assets portfolio. He has also served as a Principal Advisor at National Australia Bank in both Australia and the United States.
Mr. McCreadie joins the firm’s Melbourne office from Platypus Advisors, an advisory business in Singapore centered around advising businesses on establishing and managing operations in Asia, which he founded in 2013. Mr. McCreadie is a senior financial professional, with more than 20 years of experience working across Asia, Australia, Europe and the United States. He has held senior interim financial and operational roles in addition to acting as an advisor to senior management and boards of directors in relation to both restructuring and M&A activities. Mr. McCreadie brings a wide range of industry expertise to the firm, including manufacturing, automotive, airlines, healthcare, financial services, retail, real estate and construction. Prior to founding Platypus Advisors, Mr. McCreadie was a Partner at PricewaterhouseCoopers in Singapore and Melbourne.
“As Australian corporates, lenders and investors embrace the need for earlier identification of market-related issues, which in turn provides increased optionality, FTI Consulting has a unique ability to respond as either an advisor or as an interim executive working alongside leadership,” said John Park, Leader of the Australian Corporate Finance & Restructuring segment at FTI Consulting. “We are increasingly being recognised for our ability to deliver innovative and timely restructuring solutions that encompass all aspects of stakeholder management.”
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,600 employees located in 28 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.78 billion in revenues during fiscal year 2015. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting Level 15, 50 Pitt Street Sydney NSW 2000 Australia +61 2 8298 6100 Investor & Media Contact: Mollie Hawkes +1.617.747.1791 firstname.lastname@example.org
Source:FTI Consulting, Inc.