Ajay Sabherwal is FTI Consulting’s Chief Financial Officer and a member of the firm’s Executive Committee. Mr. Sabherwal is responsible for all of the Company’s finance functions and is based out of the firm’s executive headquarters in Washington, D.C.
Prior to joining FTI Consulting, Mr. Sabherwal served as the Executive Vice President and Chief Financial Officer of FairPoint Communications, Inc., a leading provider of telecommunications services primarily in Northern New England from 2010 to 2016. Mr. Sabherwal joined FairPoint Communications, shortly after the Company filed for Chapter 11 bankruptcy. In January 2011, following the culmination of a financial restructuring process where FTI Consulting represented the creditors, FairPoint Communications emerged from bankruptcy and was relisted on the NASDAQ. Under Mr. Sabherwal’s leadership, FairPoint Communications completed a fundamental transformation including improved cash management and a successful debt refinancing, among other initiatives led by Mr. Sabherwal.
Prior to FairPoint Communications, from 2009 to 2010, Mr. Sabherwal served as Chief Financial Officer of Mendel Biotechnology, Inc., a biotechnology company that was acquired by Koch Industries in 2014. From 2005 to 2009, Mr. Sabherwal served as Chief Financial Officer of Aventine Renewable Energy, Inc., a bioethanol production and marketing company that completed an initial public offering on the NYSE in 2006.
Prior to these roles, Mr. Sabherwal served as the Executive Vice President and Chief Financial Officer of Choice One Communications, Inc., from 1999 to 2005. During his time at Choice One Communications, Mr. Sabherwal raised $1 billion in equity, preferred equity and senior and subordinated debt, and took the Company public on the NASDAQ in 2000. During Mr. Sabherwal’s six years with Choice One Communications, the Company completed several acquisitions and annual revenues grew from less than $3 million to over $300 million. As Chief Financial Officer of Choice One Communications, Mr. Sabherwal also led the financial restructuring of its debt through a Chapter 11.
Before serving as both a public and private company Chief Financial Officer, Mr. Sabherwal held numerous business planning, consulting and equity analyst roles in the telecommunications industry. From 1996 to 1999, he served as Executive Director of Institutional Equity Research at Canadian Imperial Bank of Commerce (“CIBC”) World Markets, Inc. Prior to joining CIBC World Markets, he served as a telecommunications analyst for Barclays de Zoete Wedd (“BZW”) Canada from 1993 to 1996. Mr. Sabherwal has also held positions at CNCP Telecommunications, Deloitte and Louis Dreyfus Trading Limited (UK).
Mr. Sabherwal currently serves as a director and Chair of the Audit Committee at Lone Pine Resources Canada, Ltd., an independent oil and gas exploration, development and production company based in Calgary, Canada, and is an adjunct faculty member at the McColl School of Business at Queens University of Charlotte, North Carolina where he has taught Investment Analysis and Macroeconomics.
Mr. Sabherwal received a master's degree in economics and a bachelor's degree in mechanical engineering from the Birla Institute of Technology & Science in Pilani, India. He also holds a master's degree in business administration from the Manchester Business School in the UK.
What is Ajay Sabherwal's net worth?
The estimated net worth of Ajay Sabherwal is at least $2.68 million as of May 22nd, 2024. Mr. Sabherwal owns 13,455 shares of FTI Consulting stock worth more than $2,677,276 as of November 21st. This net worth approximation does not reflect any other investments that Mr. Sabherwal may own. Additionally, Mr. Sabherwal receives an annual salary of $1,600,000.00 as CFO at FTI Consulting. Learn More about Ajay Sabherwal's net worth.
How old is Ajay Sabherwal?
Mr. Sabherwal is currently 58 years old. There are 6 older executives and no younger executives at FTI Consulting. The oldest executive at FTI Consulting is Mr. Jeffrey S. Amling J.D., Head of Corporate Business Development & Chief Marketing Officer, who is 70 years old. Learn More on Ajay Sabherwal's age.
What is Ajay Sabherwal's salary?
As the CFO of FTI Consulting, Inc., Mr. Sabherwal earns $1,600,000.00 per year. The highest earning executive at FTI Consulting is Mr. Steven H. Gunby J.D., President, CEO & Director, who commands a salary of $2,870,000.00 per year. Learn More on Ajay Sabherwal's salary.
How do I contact Ajay Sabherwal?
Has Ajay Sabherwal been buying or selling shares of FTI Consulting?
Ajay Sabherwal has not been actively trading shares of FTI Consulting during the past quarter. Most recently, Ajay Sabherwal sold 596 shares of the business's stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $226.13, for a transaction totalling $134,773.48. Following the completion of the sale, the chief financial officer now directly owns 13,455 shares of the company's stock, valued at $3,042,579.15. Learn More on Ajay Sabherwal's trading history.
Who are FTI Consulting's active insiders?
Are insiders buying or selling shares of FTI Consulting?
In the last twelve months, FTI Consulting insiders bought shares 1 times. They purchased a total of 1,120 shares worth more than $249,715.20. In the last twelve months, insiders at the business services provider sold shares 10 times. They sold a total of 89,803 shares worth more than $19,235,730.45. The most recent insider tranaction occured on July, 26th when Director Mark S Bartlett sold 2,000 shares worth more than $454,240.00. Insiders at FTI Consulting own 2.5% of the company.
Learn More about insider trades at FTI Consulting. Information on this page was last updated on 7/26/2024.
