EXHIBIT
99.1
FOR
IMMEDIATE RELEASE
December
5, 2006
Huron
Consulting Group Elects Lockhart to Board of Directors
CHICAGO
-
December 5, 2006 - Huron Consulting Group Inc. (NASDAQ: HURN), a leading
provider of financial and operational consulting services, today announced
the
election of H.
Eugene
Lockhart
to the
Company’s Board of Directors, expanding the board to seven members. Lockhart,
57, is the chairman of Financial Institutions for Diamond Castle Holdings,
a
private equity investment firm in New York.
“Gene
brings a wealth of business and finance knowledge to the role and we are pleased
to welcome him to Huron’s Board of Directors,” said Gary E. Holdren, chairman
and chief executive officer, Huron Consulting Group. “We know he will be an
active and dedicated board member.”
Lockhart
is also a member of the board of directors of IMS Health Incorporated, a global
provider of information solutions to the pharmaceutical and healthcare
industries; Radio Shack Corporation, a retail seller of consumer electronic
goods and services; and Asset Acceptance Capital Corp., a purchaser of accounts
receivable portfolios from consumer credit originators. He also served on the
University of Virginia Board of Managers (president) and Darden School
(chairman). Lockhart has served as a venture partner at Oak Investment Partners,
chairman and chief executive officer of NewPower Holdings, president of Consumer
Services for AT&T, president of Global Retail Bank and vice chairman of
BankAmerica Corporation, and president and chief executive officer of MasterCard
International.
The
Board
selected Lockhart
to serve
as a Class I director. Class I directors will stand for re-election at the
Company’s annual meeting of shareholders in 2008.
About
Huron Consulting Group
Huron
Consulting Group helps clients effectively address complex challenges that
arise
in litigation, disputes, investigations, regulatory compliance, procurement,
financial distress, and other sources of significant conflict or change. The
Company also helps clients deliver superior customer and capital market
performance through integrated strategic, operational, and organizational
change. Huron provides services to a wide variety of both financially sound
and
distressed organizations, including Fortune 500 companies, medium-sized
businesses, leading academic institutions, healthcare organizations, and the
law
firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.
Media
Contact:
Jennifer
Frost Hennagir
312-880-3260
jfrost-hennagir@huronconsultinggroup.com
Investor
Contact:
Gary
L.
Burge, Chief Financial Officer
312-583-8722
garyburge@huronconsultinggroup.com
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