Latest news with #FTIConsulting
The National
09-06-2025
- Business
- The National
Zonal pricing 'could save Scottish glass sector £20 million'
New independent analysis by FTI Consulting, commissioned by Octopus Energy, has revealed zonal pricing could slash industrial electricity in Scotland by almost £20 million. This could create a lifeline for the glass industry, Octopus says, which currently pays some of the highest electricity costs in the world. Zonal pricing would split the UK into price regions based on local supply and demand. Greg Jackson (below), CEO of Octopus Energy, said: 'Britain's manufacturers are being crushed by electricity costs – among the highest in the world. READ MORE: Views sought on plans for major Perthshire 'energy park' 'We've now got clear evidence that zonal pricing will cut these costs at the source, without pushing the burden onto households. 'Instead of robbing Peter to pay Paul, zonal pricing can slash bills for heavy industry and households, whilst accelerating our path to clean energy.' (Image: PA) The current energy subsidy for manufacturers – the British Industry Supercharger – has worked well for around 370 energy-intensive businesses, but is funded by adding costs to everyone else's bills. This levy currently adds up to £410 million onto consumer bills, Octopus Energy said, and is expected to become 2.5 times more expensive by the 2030s. Octopus Energy said zonal pricing would make the energy system more efficient, saving manufacturers that don't receive the Supercharger £12-16 megawatt-hours (MWh) on average by 2030, with businesses in the North of Scotland saving up to £29 per megawatt-hour. This could save individual businesses millions each year, with thousands of energy-intensive companies not covered by the Supercharger – such as ceramics, auto and tech sectors – benefitting instantly. READ MORE: 9 million to receive winter fuel payments as Rachel Reeves U-turns It comes as the House of Lords Industry and Regulator Committee joins Ofgem, NESO, Citizens Advice and other energy experts who have come out in favour of zonal pricing. Jason Mann, senior managing director at FTI Consulting, said: 'Our work for Octopus on zonal pricing shows that zonal pricing could materially benefit all British consumers. This is true for households as well as larger industrial consumers. 'Our most recent study indicates that, with minor changes to the special arrangements that currently apply, all of the country's very largest manufacturing plants could also benefit from lower electricity prices were zonal pricing to be implemented.'
Yahoo
05-06-2025
- Business
- Yahoo
AXA XL teams up with FTI Consulting & Norton Rose Fulbright to offer innovative cybersecurity communications training for CISOs
NEW YORK, June 5, 2025 /PRNewswire/ -- AXA XL is collaborating with FTI Consulting's Cybersecurity & Data Privacy Communications Team and Norton Rose Fulbright's Cyber practice to provide cyber insurance clients in North America with an innovative cybersecurity communications training program, Secure Your Seat. The unique training equips Chief Information Security Officers (CISOs) and other cybersecurity leaders with the skills to effectively communicate complex technology and cybersecurity concepts to leadership, improving strategic decision-making and promoting a culture of security within their organizations. According to Gwenn Cujdik, AXA XL's Incident Response and Cyber Services Lead in the Americas, "Effective communication is essential for a robust cybersecurity posture and is critically important to successfully respond to a cyber crisis. It helps executives grasp the cybersecurity landscape, enabling informed decisions on resource allocation, risk management, and strategic priorities, not just on the day to day but when it matters most, in the heat of cyber crisis. When CISOs articulate cybersecurity initiatives and crisis response in business terms, it aligns security measures with company goals, brand, and reputation facilitating greater executive support and understanding." Secure Your Seat communications training helps CISOs translate complex technical jargon and key performance indicators (KPIs) into clear presentations for C-suite and Board leadership. AXA XL is excited to offer a new complimentary one-hour training for its cyber insurance clients, along with more extensive training options available at preferential pricing for AXA XL clients. "Our training includes a review of participants' current Board reporting frameworks, feedback on content and metrics, and practical tips for effectively communicating metrics and program maturity to the Board and C-suite," explained Chris Cwalina of NRF. "Additionally, we provide a brief overview of regulatory changes in disclosure requirements relevant to CISOs, which is essential for cybersecurity leaders to understand in the complex and evolving environment." "In our latest research report, CISO Redefined: Navigating C-Suite Perceptions & Expectations, 94% of executives say information security has increased in prominence over the past 12 months, but significant communications gaps still exist between cybersecurity leaders and the executive leadership team," said Meredith Griffanti, Global Head of Cybersecurity & Data Privacy Communications at FTI Consulting. "Through this training we're looking to help close that gap, enabling the CISO to become a better communicator, and convey critical cybersecurity information in a way that resonates with business priorities. And ultimately, the program helps the cybersecurity leader 'secure their seat' in the boardroom or in a director's chair themselves." AXA XL offers a range of cyber insurance products and services to help businesses protect themselves against cyber threats. Offerings include coverage for investigating and managing cyber incidents, financial protection against liabilities, and risk management services to strengthen cybersecurity. Follow AXA XL on LinkedIn ABOUT AXA XL AXA XL provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit ABOUT AXA XL INSURANCE AXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit ABOUT FTI CONSULTING FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 33 countries and territories as of March 31, 2025. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at The views expressed herein are those of the author(s) and not necessarily those of FTI Consulting, Inc., its management, its subsidiaries or its other professionals. FTI Consulting, Inc., including its subsidiaries and affiliates, is a consulting firm and is not a certified public accounting firm or a law firm. View original content to download multimedia: SOURCE AXA XL
Associated Press
04-06-2025
- Business
- Associated Press
FTI Consulting's Construction, Projects & Assets Practice Adds Digital Transformation Expert Mark White
WASHINGTON, June 04, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Mark White as a Senior Managing Director in the Construction, Projects & Assets practice within the firm's Forensic and Litigation Consulting segment. Mr. White, who is based in Houston, joins with more than 20 years of experience helping clients navigate digital transformations that deliver enterprise value throughout the asset lifecycle, including helping clients boost productivity and effectiveness by identifying and implementing various commercial tools and technologies. In his role at FTI Consulting, Mr. White will help engineering and construction clients plan, execute and manage digital transformations, including the implementation and integration of software products and tools. 'Throughout Mark's career, he has worked directly with clients, collaborating with them to enable transformative change and deliver real business results,' said Garrett Fultz, Global Leader of the Construction, Projects & Assets practice at FTI Consulting. 'He will join our deep bench of digital transformation and AI experts to simplify complex solutions for clients by providing a clear vision followed by excellent execution.' Prior to joining FTI Consulting, Mr. White was Senior Vice President, Product Strategy at Hexagon Asset Lifecycle Intelligence, initially responsible for EcoSys, and since 2021, for the entire asset lifecycle portfolio. Prior to that, he was Senior Vice President, IT Consulting at Faithful+Gould. Commenting on his appointment, Mr. White said, 'Organizations seek greater assurance and dependability in their digital transformation efforts. I look forward to collaborating with my new colleagues at FTI Consulting as we help simplify the technology landscape to eliminate risk and complexity, providing solutions that our clients are eager to adopt.' About FTI Consulting FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 33 countries and territories as of March 31, 2025. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at FTI Consulting, Inc. 555 12th Street NW Washington, DC 20004 +1.202.312.9100 Investor Contact: Mollie Hawkes +1.617.747.1791 [email protected] Media Contact: Matthew Bashalany +1.617.897.1545 [email protected]
Yahoo
04-06-2025
- Business
- Yahoo
FTI Consulting's Construction, Projects & Assets Practice Adds Digital Transformation Expert Mark White
WASHINGTON, June 04, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Mark White as a Senior Managing Director in the Construction, Projects & Assets practice within the firm's Forensic and Litigation Consulting segment. Mr. White, who is based in Houston, joins with more than 20 years of experience helping clients navigate digital transformations that deliver enterprise value throughout the asset lifecycle, including helping clients boost productivity and effectiveness by identifying and implementing various commercial tools and technologies. In his role at FTI Consulting, Mr. White will help engineering and construction clients plan, execute and manage digital transformations, including the implementation and integration of software products and tools. 'Throughout Mark's career, he has worked directly with clients, collaborating with them to enable transformative change and deliver real business results,' said Garrett Fultz, Global Leader of the Construction, Projects & Assets practice at FTI Consulting. 'He will join our deep bench of digital transformation and AI experts to simplify complex solutions for clients by providing a clear vision followed by excellent execution.' Prior to joining FTI Consulting, Mr. White was Senior Vice President, Product Strategy at Hexagon Asset Lifecycle Intelligence, initially responsible for EcoSys, and since 2021, for the entire asset lifecycle portfolio. Prior to that, he was Senior Vice President, IT Consulting at Faithful+Gould. Commenting on his appointment, Mr. White said, 'Organizations seek greater assurance and dependability in their digital transformation efforts. I look forward to collaborating with my new colleagues at FTI Consulting as we help simplify the technology landscape to eliminate risk and complexity, providing solutions that our clients are eager to adopt.' About FTI Consulting FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 33 countries and territories as of March 31, 2025. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at FTI Consulting, Inc. 555 12th Street NW Washington, DC 20004 +1.202.312.9100 Investor Contact: Mollie Hawkes+ Media Contact: Matthew Bashalany+ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
03-06-2025
- Business
- Globe and Mail
FTI Consulting: A Hidden Gem or Just Fine?
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