Statement from Navigant CEO, Julie Howard, in Response to the New York
Moreland Commission Report
CHICAGO -- June 26, 2013
Julie Howard, Chief Executive Officer of Navigant Consulting, Inc., (NYSE:
NCI) released the following statement:
“Over the past several days, there have been news reports related to
Navigant’s work for the Long Island Power Authority (LIPA). While we were not
aware of the concerns raised in the Moreland Commission report until it was
publicly released, we take the questions raised by the Commission in its
report very seriously.
Our reputation depends on strict adherence to the highest ethical standards in
everything we do and we are committed to maintaining and defending our strong
reputation among our clients, employees and shareholders. We will cooperate
fully with any investigation if and when one is initiated.
We are proud of the services we provide in New York and the value our
employees bring to our clients. While from a financial perspective our New
York public sector revenues are not material to the overall financial health
of the company, our current and future relationships with this client base are
very important to us. We intend to continue serving this client base with the
same level of quality we have always delivered, and are proud of the outcomes
we have had to date on behalf of the people of New York.”
Statements included in this report and its exhibits 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. We caution
readers that there may be events in the future that we are 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 the
factors described in the section entitled Item 1A — Risk Factors and Item 7 —
Management’s Discussion and Analysis of Financial Condition and Results of
Operations in this report. We cannot guarantee any future results, levels of
activity, performance or achievement, and we undertake no obligation to update
any of the forward-looking statements contained in this report.
Navigant Consulting, Inc.
Jennifer Marshall, 312.583.4166
Paul Longhini, 312.583.5836
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