Kenneth Stern is distinguished for his top-notch advisory experience in the energy industry, with a particular strength in M&A transactions.
Kenneth M Stern is a senior managing director at FTI Consulting and is based in New York. Mr Stern has over 40 years of combined advisory and business experience in the energy and chemical industries, with extensive involvement in strategic, commercial and technological matters as well as merger and acquisition transactions. Mr Stern has experience as an arbitrator, expert witness and business adviser.
By virtue of his many years of experience in the energy and chemical industries, Mr Stern is an authoritative and highly knowledgeable expert in these business segments. He has extensive experience as an expert witness, as well as in developing corporate business strategies and executing merger and acquisition transactions. In addition to his testimony work as an expert witness, Mr Stern has also served as a neutral arbitrator in contractual disputes involving the valuation of refined petroleum products, petrochemicals and polymers.
Prior to joining FTI Consulting, Mr Stern was a managing director at LECG in the petroleum and chemicals practice. Prior to that, he was a partner and national industry director at KPMG, where he led this Big Four firm's activities in the energy and chemical industries. Mr Stern was also vice president of corporate development at Tosco Corporation, the largest independent petroleum refiner in the United States prior to its acquisition by Phillips Petroleum in 2001. In that role, he participated in acquiring a number of petroleum refineries and petrochemical businesses, including the 295,000 BPD Wood River Refinery in Illinois from Shell, and the 250,000 BPD Alliance refinery in Louisiana from BP, as well as Tosco's entry into the polypropylene business with its Bayway, NJ Unipol plant. Mr Stern worked for 20 years at the consulting firm Chem Systems, including seven years as the managing director of the firm, with overall responsibility for energy and chemical consulting activities in North and South America and Asia, prior to the acquisition of Chem Systems by IBM in 1998.
Mr Stern received his MBA from Baruch College of the City University of New York and received his bachelor of chemical engineering from Cooper Union in New York. He is a member of the American Institute of Chemical Engineers, the American Chemical Society and the Chemists’ Club.