Navigant Announces Changes to Board of Directors

Lloyd Dean Elected as a New Director, Peter Pond to Retire from the Board in June

Business Wire

CHICAGO--(BUSINESS WIRE)--

Navigant (NCI) announced the election of Lloyd H. Dean to the Board of Directors and the retirement of Peter B. Pond from the Board, effective June 1, 2014.

“On behalf of the Board, we are pleased to welcome Lloyd and are looking forward to incorporating his industry and business perspectives, as well as his strong governance experience, into our plans for enhancing Navigant shareholder value,” stated Julie Howard, Chairman and Chief Executive Officer. “His extensive healthcare expertise will be instrumental as we continue to develop strategies to drive accelerated growth for the Firm from industries experiencing disruptive change.”

With more than 20 years in healthcare operations and leadership experience, Dean currently serves as President and Chief Executive Officer of Dignity Health and has led the organization through significant strategic, operational, and financial transformations to its current status as a leading health care organization. He brings unique insights on health care reform and policy issues as an active participant in health care reform discussions with President Barack Obama and his staff and as an appointed member to The State Health Care Cost Commission. He is a member of the board of directors of Wells Fargo & Company, serving as chairman of its human resources committee and a member of its corporate responsibility committee, its governance and nominating committee and its risk committee, and is also a member of the boards of directors of Cytori Therapeutics, Inc. and Premier, Inc. He also serves as Board Chair for the Committee on JOBS, an organization that brings employment to the San Francisco Bay area.

Howard continued, “In addition, I would like to thank Peter for his long-standing service as a valuable member of the Board and his leadership on several Board committees over the years. Peter helped guide the Firm through significant organizational change, including strengthening the financial health and reputation of the organization, growing the Firm both organically and acquisitively and positioning Navigant to continue delivering shareholder value. We are grateful for his contributions and wish him well in his future endeavors."

Pond, founder and General Partner of Alta Equity Partners, a venture capital firm, previously held the title of Midwest Head of Investment Banking for Donaldson, Lufkin & Jenrette. He is Chairman of the Board at Maximus, Inc. and also an active member on the boards of several non-profit organizations.

“Serving on Navigant’s board for the last 17 years has been an honor,” said Pond. “Along with my fellow board members, we helped the Firm navigate through difficult economic and evolving regulatory environments. I am particularly proud of how the Firm has deftly managed through significant change during my tenure and built a strong platform to support future growth.”

About Navigant

Navigant (NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.

Statements included in this press release which are not historical in nature are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by words such as “anticipate,” “believe,” “intend,” “estimate,” “expect,” “plan,” “outlook” and similar expressions. These statements are based upon management’s current expectations and speak only as of the date of this press release. The Company cautions readers that there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those contained in or implied by the forward-looking statements including, without limitation: the success of the Company’s organizational changes and margin improvement initiatives; risks inherent in international operations, including foreign currency fluctuations; ability to make acquisitions and divestitures; pace, timing and integration of acquisitions and separation of divestitures; impairment charges; management of professional staff, including dependence on key personnel, recruiting, attrition and the ability to successfully integrate new consultants into the Company’s practices; utilization rates; conflicts of interest; potential loss of clients or large engagements; clients’ financial condition and their ability to make payments to the Company; risks inherent with litigation; higher risk client assignments; professional liability; potential legislative and regulatory changes; continued access to capital; and market and general economic conditions. Further information on these and other potential factors that could affect the Company’s financial results are included under the “Risk Factors” section and elsewhere in the Company’s filings with the Securities and Exchange Commission (SEC), which are available on the SEC’s website or at www.navigant.com/investor_relations. The Company cannot guarantee any future results, levels of activity, performance or achievement and undertakes no obligation to update any of its forward-looking statements.

Contact:
Navigant Corporate Communications
Carrie Grapenthin
312.573.5636
or
Navigant Investor Relations
Paul Longhini
312.583.5836

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