FTI Consulting Inc.
900 Bestgate Rd., Suite 100
Annapolis, Md. 21401
www.fticonsulting.com Year founded: 1982 Industry: Consulting/professional services Revenue: $375.70 Million Net Income/Loss: $59.47 Million Earnings per share: $1.41 Dividend: n/a Stockholder equity: $455.16 Million Auditor: Ernst & Young LLP Stock: FCN Assets: $660.57 Million Market capitalization: $728.17 Million 52-week high: 32.4533 4/24/2003 52-week low: 13.55 2/4/2004 Chairman and CEO: Jack B. Dunn IV President: Stewart J. Kahn Employees: 1085 Local employees: 153 Description: FTI works for companies with troubles such as government lawsuits, disputes with other firms or financial problems. Services include turnaround strategy, witness and trial preparation, and internal fraud investigations. The company primarily competes in these areas with large accounting firms. Developments: FTI had a tough year in 2003. While stock indexes galloped to big gains, FTI stock was sliced nearly in half despite healthy revenue growth because it missed Wall Street earnings expecations and its own forecasts. Then early this year the company was hit with the defection of 60 employees who started their own firm. Chief Financial Officer Theodore I. Pincus said the group accounted for 35 percent of one of the company's most profitable units, advising banks. As a result, the firm revised its revenue guidance in January, causing a 40 percent drop in the stock. "It will be a lower year," Pincus said. The company is in litigation with the former employees. Still, growth for the company and others in the business has been steady, and Pincus said the firm is determined to "re-grow" the business it lost. Executive Compensation
Chairman and CEO: Jack B. Dunn, IV
Total Cash: $1,600,000.00
Total Compensation: $3,107,094.00
© 2004 The Washington Post Company | 
