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David Bannister is executive vice president and chief development officer of FTI and is based at the Company’s headquarters in Baltimore. He is a member of the executive committee and works with FTI’s practice leaders on strategic growth opportunities including acquisitions. Mr. Bannister has more than 25 years of experience serving clients in the financial services transportation industrial manufacturing automotive and consumer/specialty retail industries.
Prior to joining FTI Mr. Bannister was a general partner in the traditional industries group of Grotech Capital Group a $1 billion venture capital/merchant banking firm. In that position Mr. Bannister participated in all phases of private equity investing including identification of investments financing operation improvement and harvesting. In all investments he served as the lead director working with key executives in strategy formulation management team building financing activities and overall stewardship of the companies. He typically chaired the compensation and audit committees. Grotech was the lead investor in FTI’s initial funding.
Prior to his tenure at Grotech Mr. Bannister was a managing director in investment banking with Alex. Brown and Sons. Among his responsibilities he led the merchant banking operations and several key industry groups including industrial technologies transportation consumer and environmental services. He led the banking team in more than 50 public offerings raising over $3 billion; led negotiations in approximately 30 merger and acquisition transactions with a dollar value of more than $5 billion; and led the restructuring of approximately 10 significant distressed companies.
Mr. Bannister currently serves as board member and chair of the audit committee of Landstar System Inc. a $3 billion transportation services company and Allied Holdings Inc. a $900 million automotive distribution company. In the past he has served on numerous corporate boards including Trivirix International Simon Delivers and Phoenix Services as well as chairing the board of the Jemicy School a nonprofit independent school serving children with dyslexia.Mr. Bannister received an M.B.A. from the University of North Carolina at Chapel Hill where he was a Business Foundation Fellow and a B.A. in history from Stetson University. He also completed postgraduate work in economics and history at the Johns Hopkins University. Mr. Bannister is certified public accountant. | 