NAVIGANT CONSULTING, INC. (NYSE:NCI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective February12, 2018, the Board of Directors (the “Board”) of Navigant Consulting, Inc. (the “Company”) increased the size of the Board from nine to ten directors, and appointed Jeffrey W. Yingling as a director to fill the resulting vacancy until the Company’s 2018 Annual Meeting of Shareholders and until his successor is elected and qualified or until his earlier resignation, retirement or removal. Mr.Yingling will serve on the Audit Committee of the Board. Mr.Yingling will be compensated for his service in the same manner as the Company’s other non-employee directors. For a description of the Company’s director compensation program, see the section titled “Director Compensation” in the Company’s proxy statement for the 2017 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on April10, 2017.
There are no arrangements or understandings between Mr.Yingling and any other person to which he was selected as a director of the Company. There are no transactions in which Mr.Yingling has an interest requiring disclosure under Item404(a) of RegulationS-K. The Board has determined that Mr.Yingling has no material relationship with the Company and is otherwise independent for purposes of the Listed Company Manual of the New York Stock Exchange (“NYSE”) and the Company’s categorical standards for director independence. In addition, the Board has determined that Mr.Yingling meets the NYSE’s financial literacy requirements and satisfies the criteria for being an “audit committee financial expert” as set forth in the applicable rules and regulations of the Securities and Exchange Commission, as promulgated under the Sarbanes-Oxley Act of 2002.
A copy of the press release announcing Mr.Yingling’s appointment as a director of the Company is attached hereto as Exhibit99.1.
Item 5.02. Financial Statements and Exhibits.
| 99.1 | Press Release dated February12, 2018. |
NAVIGANT CONSULTING INC ExhibitEX-99.1 2 d518480dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE For more information contact: Kyle Bland Tim Blair Navigant Investor Relations Navigant Corporate Communications 312.573.5624 303-383-7344 kyle.bland@navigant.com timothy.blair@navigant.com Navigant Elects Jeffrey Yingling to Board of Directors CHICAGO,…To view the full exhibit click here
About NAVIGANT CONSULTING, INC. (NYSE:NCI)
Navigant Consulting, Inc. (Navigant) is a global professional services firm. The Company serves clients in the healthcare, energy and financial services industries. The Company operates in four segments: Disputes, Investigations & Economics; Financial, Risk & Compliance; Healthcare, and Energy. The Disputes, Investigations & Economics segment’s professional services include valuation and economic analysis, as well as accounting, regulatory, construction and computer forensic expertise. The Financial, Risk & Compliance segment provides strategic, operational, valuation, risk management, investigative and compliance advisory services. The Healthcare segment provides consulting services and business process management services. The Energy segment provides management advisory services. It markets its services directly to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees and governmental agencies.