FTI Consulting has introduced on board Matt Johnston from McKinsey as a senior managing director to guide the turnaround providing throughout the EMEA area.
“It’s nice to herald somebody of Matt’s calibre and experience to the workforce,” stated David Morris, a Senior Managing Director and Head of UK Restructuring at FTI Consulting.
“He has spectacular management credentials and a wealth of expertise advising corporates and board members of companies who’re dealing with challenges in pressured and distressed instances. He’s an agent of fast change and motion, which is able to make him an instrumental useful resource to purchasers.”
FTI Consulting is a world enterprise advisory agency with over 7,000 consultants and workers.
Amid a rising variety of insolvencies throughout Europe, the agency is experiencing eager demand for its restructuring experience, and as such is trying to develop the observe.
Matt Johnston now leads the turnaround providing inside the Restructuring observe throughout Europe, Center East and Africa (EMEA). It will see him work intently with boards and senior administration groups to assist handle important restructurings and accelerated, pressured turnarounds.
In his new position, he’ll draw on 25 years of expertise, having beforehand labored at one of many world’s most prestigious technique manufacturers. Johnston joins FTI Consulting from McKinsey, the place as a associate within the UK transformation observe, he accrued restructuring and turnaround knowhow throughout appointments as chief transformation officer, chief restructuring officer and advisor to purchasers within the logistics, medical gadgets, healthcare, manufacturing, media, biofuel, software program and public sectors.
Previous to his time at McKinsey, Johnston was a managing director and co-leader of the UK turnaround workforce at KPMG, a director at AlixPartners, and a turnaround advisor at Andersen. His company expertise contains serving as chief monetary officer at an promoting firm earlier than its sale.
Commenting on his appointment, Johnston added, “The turnaround advisor and interim administration providers are tactical and strategic sources that assist purchasers construct worth throughout significantly difficult or fast-moving conditions and alter. I stay up for working with the broader workforce throughout the EMEA area to serve purchasers driving speed up turnarounds.”
In June, FTI Consulting was named one of many UK’s prime 5 restructuring consulting corporations.