July 11, 2019 – Tensie Axton has joined FTI Consulting, Inc. (NYSE: FCN) as a Senior Managing Director in its Turnaround & Restructuring Services practice within the Corporate Finance & Restructuring segment in a move that will further bolster the firm’s restructuring capabilities, notably in the troubled healthcare sector.
Ms. Axton, who will be based in FTI Consulting’s Houston office, brings more than 30 years of experience serving as a strategic, financial and transaction advisor. She has served in various executive management positions, including Chief Financial Officer in the healthcare and banking sectors, Chief Operating Officer in the healthcare sector and Vice President of Finance at a publicly traded manufacturing and distribution company.
Ms. Axton’s restructuring experience includes credit negotiation, bankruptcy planning, cash forecasting, claims analysis, section 363 asset sales, plans of reorganization, testifying in bankruptcy court and serving as Liquidating Trustee.
In regards to the healthcare industry, Ms. Axton has created and led shared services organizations, implemented multiple billing systems and managed revenue cycle for physician groups and free-standing emergency room systems.
Michael Eisenband, FTI Consulting’s Global Co-Leader of the Corporate Finance & Restructuring segment commented, “Tensie…brings deep financial and operating expertise that will directly benefit healthcare clients, among others, who are dealing with a myriad of issues and opportunities across the corporate lifecycle. Her C-level experience enhances our Interim Management Services offerings and adds value for companies needing executive leadership support as they navigate challenges and disruption.”
Commenting on her move, Ms. Axton added, “I am excited to join the FTI Consulting team and begin working with companies to identify solutions when they are at an inflection point, as is the case with many in the healthcare industry and other sectors.”
The addition of Ms. Axton builds on other recent moves the firm has made in the healthcare sector. In late 2018, the firm added six professionals, including Senior Managing Directors Chad Shandler and Clifford Zucker and Managing Directors Kevin DeLuise and Narendra Ganti, to its Healthcare Restructuring Services group. Ms. Axton will work closely with that team and the broader Corporate Finance & Restructuring segment to provide end-to-end solutions for all constituents in healthcare, as well as other industries undergoing change.
Prior to joining FTI Consulting, Ms. Axton was Chief Financial Officer of Neighbors Health, a multi-state, free-standing emergency room company, where she helped guide the organization through a restructuring, including executing a successful 363 sale of the asset portfolio. She currently serves as the Trustee for the company’s Liquidating Trust. She also previously served as the Chief Operating Officer of Pinnacle Medical Partners, LLC, a roll-up of multi-disciplinary physician practices in Denver.
Ms. Axton previously spent nearly 20 years at KPMG, serving as Office Managing Partner in Denver and as a Partner in the Transaction Services practice. She led due diligence, integration projects and M&A for clients in a variety of industries globally.
Ms. Axton holds a B.B.A. in accounting from Texas A&M University and is a graduate of the Wharton School of Executive Leadership. She is a Certified Public Accountant (“CPA”) and a member of the Texas Society of CPAs.
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