WASHINGTON, Oct. 01, 2018 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Chad Shandler and Clifford Zucker as Senior Managing Directors, Kevin DeLuise as a Managing Director and Roberta Probber and Karl Knechtel as Senior Directors in the Corporate Finance & Restructuring segment, enhancing the firm’s restructuring expertise and
expanding its healthcare capabilities.
The five professionals join FTI Consulting’s Turnaround & Restructuring Services practice and will be based in New York, where they will
focus on identifying restructuring alternatives, developing financial and operating plans and building consensus with stakeholders
across a wide spectrum of healthcare assignments, ranging from continuing care retirement communities and assisted living
facilities to hospitals, physician practices, skilled nursing facilities and free-standing emergency rooms. Mr. Shandler will serve
as Co-Leader of Healthcare Restructuring Services within the Corporate Finance & Restructuring segment with Senior Managing
Director Tim Dragelin.
“FTI Consulting has built a reputation in the market for its high-caliber industry expertise, and our global platform offers
clients a deep bench of experts to assist them around the world on the most complex restructuring issues,” said Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment at FTI
Consulting. “Chad and the team bring critical expertise and are well-regarded in both the restructuring arena and healthcare
industry, which continues to face disruption and uncertainty. This will enhance our ability to provide end-to-end solutions for all
constituents in healthcare, as well as other industries undergoing change.”
Beyond healthcare, the professionals bring extensive experience advising companies, unsecured creditor committees, indenture
trustees and bondholders, as well as serving in interim management roles and fiduciary positions such as Chief Restructuring
Officer, Plan Administrator and Liquidating Trustee. The team is widely known for delivering solutions to maximize value and
recovery in distressed situations across diverse industries, including healthcare, education, financial services, food and
agriculture, manufacturing and distribution, real estate, retail and consumer products, telecommunications, media and
entertainment, and technology.
“We have long been aware of the talent at FTI Consulting and are pleased to join a market-leading team and expand our client
delivery platform focused on maximizing value for healthcare and a wide cadre of industry and financial clients across the U.S.,”
Mr. Shandler said. “We have already seen FTI Consulting’s collaborative teaming environment, extensive relationships, and deep
industry and functional expertise rapidly come together to meet the demands of our existing clients and position the firm to win
new business. We look forward to enhancing the firm’s reputation in the healthcare and restructuring communities.”
Mr. Shandler has more than 25 years of experience leading restructuring efforts as the Chief Restructuring Officer or Financial
Advisor on behalf of financially troubled companies, indenture trustees, secured creditors and creditor groups. His expertise spans
healthcare, higher education, non- and not-for-profits, telecommunications, retail, manufacturing and distribution, publishing,
real estate, and sports and entertainment, among other industries. With respect to healthcare engagements, Mr. Shandler’s
experience includes hospitals, free-standing emergency rooms, senior living, skilled nursing facilities, assisted living
facilities, independent living and continuing care retirement communities.
Mr. Zucker has more than 30 years of experience representing companies, receivers, examiners, court-appointed trustees, and
unsecured and secured creditors. His restructuring expertise includes serving as a Financial Advisor and in fiduciary positions as
a court-appointed Chief Restructuring Officer, Liquidating Supervisor, Trustee and Plan Administrator. Mr. Zucker advises clients
in the healthcare, financial services, food and agriculture, manufacturing, distribution, retail, transportation, hospitality,
construction and telecommunications industries. Notably, he specializes in healthcare matters, working to restructure and transform
hospitals, nursing homes, senior living facilities and physician practices.
Mr. DeLuise has more than 25 years of experience providing accounting and financial advisory services to corporations and
creditors of underperforming and distressed companies. He specializes in operational restructuring, interim management, litigation
consulting and financial forensics. Mr. DeLuise represents clients in a broad range of industries, including healthcare,
asset-based lending, distribution, hospitality, investment companies, real estate, retail, securities, technology and
telecommunications.
Ms. Probber has experience in restructuring, cash flow management and forensic accounting. She works with companies and
creditors to maximize returns, guide the liquidation of trusts, and forecast and budget to manage short- and long-term cash flows.
Ms. Probber advises clients in a range of industries, including healthcare and senior living, nonprofit museums, retail and
consumer products, manufacturing, and food and poultry processing.
Mr. Knechtel has more than 15 years of experience providing restructuring, forensic accounting and litigation services. He has
experience advising various parties-in-interest for bankruptcy proceedings across a wide range of industries, including healthcare,
retail and consumer products, construction, restaurant and food services, manufacturing, telecommunications and professional
services.
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 4,600 employees
located in 28 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 2017.
For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc. 555 12th Street NW Washington, DC 20004 +1.202.312.9100 Investor Contact: Mollie Hawkes +1.617.747.1791 mollie.hawkes@fticonsulting.com Media Contact: Matthew Bashalany +1.617.897.1545 matthew.bashalany@fticonsulting.com
