Mark C. Spragg
- Senior Managing Director
- T: +1 571 405 3329
- 8251 Greensboro Drive
- McLean, VA, 22102
- United States
- T: +1 571 633 9747
- B.A., Business Administration, California State University, Fullerton
- M.B.A., Anderson Graduate School of Management, University of California, Los Angeles
- Certified Public Accountant
- Accredited In Business Valuation (ABV)
- Certified Valuation Analyst
- Certified Insolvency and Restructuring Advisor (CIRA)
- American Bankruptcy Institute
- American Institute of Certified Public Accountants (AICPA)
- Georgetown University, Executive Professorial Lecturer
- Expert Testimony
- Interim Management
- Restructuring / Turnaround Services
- Transaction Advisory
- Telecom, Media & Technology (TMT)
Mark Spragg is a Senior Managing Director at FTI Consulting and is based in McLean, VA. He is a member of the Telecommunications, Media & Technology (“TMT”) practice. Mr. Spragg is an expert in financial and business consulting services, having led dozens of engagements involving interim management, in- and out-of-court restructuring, due diligence, merger integration, performance improvement, valuation, strategy and expert witness testimony.
Mr. Spragg has led a broad array of consulting engagements. He has served as interim chief administrative officer (“CAO”) and chief financial officer (“CFO”), including serving as interim CAO for Ubiquiti Networks, Inc., a publicly traded developer of high performance networking technology for service providers and enterprises, with annual sales of $600 million.
Mr. Spragg has consulted on a number of restructuring engagements, including Nortel, advising the ad hoc committee of bondholders in an in-court, multi-year global liquidation and Globalstar, advising the senior secured lenders in an out-of-court restructuring of the credit facility.
Mr. Spragg consulted with Cincinnati Bell on a multi-year performance improvement project that included mapping the cost structure of the entire enterprise to key processes and customer segments, calculating customer net present values (“NPVs”) and recommending operational improvements.
Other consulting engagements for Mr. Spragg include due diligence, valuation and strategy assignments with a broad variety of TMT companies in various geographies. While his primary focus is in the United States, Mr. Spragg has experience in Europe, Asia, the Caribbean, Mexico and Canada.
Mr. Spragg is also an experienced expert witness having testified more than a dozen times, primarily on valuation, business viability and damages matters.
Prior to joining FTI Consulting, Mr. Spragg was a Partner with PricewaterhouseCoopers (“PwC”) where he was a founding member of what is now FTI Consulting’s TMT practice. Mr. Spragg has also held executive and management positions, including Director of Finance and VP of Corporate Finance Operations at fast growing wireless companies. He began his career at the “Big 8” audit firm KPMG Peat Marwick where he performed numerous audits and internal control reviews.
Mr. Spragg holds a B.A. in Business Administration from California State University and an M.B.A. from UCLA. Mr. Spragg serves as an executive professorial lecturer at Georgetown University, McDonough School of Business, where he teaches a course on corporate restructuring to graduate students.
Mr. Spragg is a Certified Public Accountant with active license status and has a public accounting / audit background. He is Accredited in Business Valuation (“ABV”) and is a Certified Insolvency and Restructuring Advisor (“CIRA”).