ICF International Names Subodh Karnik Vice President
Appointment Strengthens ICF’s Aviation and Aerospace Consulting Work
FAIRFAX, Va. -- May 8, 2013
ICF International, a leading provider of consulting services and technology
solutions to government and commercial clients, has named Subodh Karnik to the
position of vice president for ICF SH&E, which provides professional services
in the aviation and aerospace fields.
A senior executive with more than 30 years of experience, Mr. Karnik will
build upon ICF SH&E’s five decades of successfully assisting airline,
aerospace, and travel companies to enhance their value through rigorous
planning, restructuring, and operations improvements. He will work with
clients across the globe and with ICF’s aviation teams in Beijing, Boston,
Hong Kong, London, and New York.
“Subodh Karnik brings to ICF deep executive expertise and experience in all
facets of the commercial airline business as well as an extensive network of
related industry participants worldwide,” said Sergio Ostria, executive vice
president for ICF International. “He is well regarded as an industry leader in
this space. Working with senior subject matter experts and other key staff at
ICF, he will be a key to ICF’s continued growth in the international airline
Over the past few years, Mr. Karnik has had the opportunity to lead and assist
several airlines, governments, and private equity firms in ownership
restructuring (privatization, investor search, and acquisitions), fleet and
network planning, global alliances/joint ventures, labor negotiations, and
operational efficiency improvements. He has performed interim engagements as
chief commercial officer of Air Pacific, head of operations and commercial
business of Fareportal Inc., and executive vice president of Air Jamaica.
Prior to that, Mr. Karnik was president and chief executive officer of Global
Aero Logistics Inc. He also has held senior positions at Delta Air Lines,
Continental Airlines, and Northwest Airlines.
Mr. Karnik holds an MBA from the University of Michigan in the United States,
and a bachelor’s degree in mechanical engineering from Birla Institute of
Technology & Science, Pilani, India.
For More Information
*ICF Aviation Financial Services
*ICF Aviation Management Consulting
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial
clients to deliver professional services and technology solutions in the
energy, environment, and infrastructure; health, social programs, and
consumer/financial; and public safety and defense markets. The firm combines
passion for its work with industry expertise and innovative analytics to
produce compelling results throughout the entire program lifecycle, from
research and analysis through implementation and improvement. Since 1969, ICF
has been serving government at all levels, major corporations, and
multilateral institutions. More than 4,500 employees serve these clients from
more than 60 offices worldwide. ICF's website is http://www.icfi.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and unknown risks
and uncertainties are "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995. Such statements may concern ICF’s
current expectations about its future results, plans, operations and prospects
and involve certain risks, including those related to the government
contracting industry generally; ICF’s particular business, including its
dependence on contracts with U.S. federal government agencies; and its ability
to acquire and successfully integrate businesses. These and other factors that
could cause ICF’s actual results to differ from those indicated in
forward-looking statements are included in the "Risk Factors" section of ICF’s
securities filings with the Securities and Exchange Commission. The
forward-looking statements included herein are only made as of the date
hereof, and ICF specifically disclaims any obligation to update these
statements in the future.
Erica Eriksdotter, +1-703-934-3668
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