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FTI Consulting CEO takes pay cut

FTI Consulting's chief executive took a $5.6 million cut in his compensation last year, the Baltimore company said Friday.

Jack B. Dunn IV was paid just under $3.9 million in salary, stock awards and other compensation in 2009, down from $9.5 million in 2008. His salary rose, but he received fewer shares of stock and no options.

FTI, which offers forensic accounting, restructuring and other business services, saw its stock price rise 5.6 percent last year while its profits rose about 18 percent.

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