May
14, 2007
Huron
Consulting Group Appoints Chief Operating Officer
Huron
Also Announces Vice President Promotion
CHICAGO -
May 14, 2007 - Huron Consulting Group (NASDAQ: HURN), a leading provider of
financial and operational consulting services, today announced the appointment
of Daniel P. Broadhurst as chief operating officer (COO). Huron also announced
the promotion of David M. Shade to vice president, Healthcare.
“Dan has
been an integral part in Huron’s operations and strategy, significantly
contributing to the Company’s rapid growth and success,” said Gary E. Holdren,
chairman and chief executive officer, Huron Consulting Group. “I also want to
recognize David for his outstanding work with our healthcare and hospital
clients. In addition, I want to personally congratulate both Dan and David on
their well-deserved new roles. Huron looks forward to their leadership as we
continue to grow.”
Most
recently, Broadhurst served as Huron’s vice president of Operations and Business
Strategy. In his new role as COO, he will continue to work closely with Huron’s
practice leaders and the executive team regarding practice performance, resource
planning and all other aspects of business planning and development. He will
also continue to serve as the Company’s Quality Officer, as well as serve
clients in the disputes and investigations area. Broadhurst is based in Huron’s
Chicago office.
In his
new role, David M. Shade will become the vice president, Healthcare, which
serves hospitals and health systems. This practice’s experienced professionals
provide consulting services related to performance improvement, hospital
turnarounds, merger/affiliation strategies, labor productivity, non-labor cost
management, information technology, revenue cycle improvement, physical practice
management, interim management, clinical quality and medical management, and
governance and board development. Shade, who is based in Chicago, previously
served as the managing director of the Company’s Healthcare practice. He joined
Huron in January 2007 with the acquisition of Wellspring Partners LTD.
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.
Statements
in this press release, which are not historical in nature and concern Huron
Consulting Group’s current expectations about the Company’s reported results for
2007 and future results in 2007 are "forward-looking" statements as defined in
Section 21E of the Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are identified by
words such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,”
“estimates,” or “continue.” These forward-looking statements reflect our current
expectation about our future results, levels of activity, performance or
achievements, including without limitation, that our business continues to grow
at the current expectations with respect to, among other factors, utilization
and billing rates, number of revenue-generating professionals; that we are able
to expand our service offerings; that we successfully integrate the businesses
we acquire; and that existing market conditions do not change from current
expectations. These statements involve known and unknown risks, uncertainties
and other factors that may cause actual results, levels of activity, performance
or achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by these
forward-looking statements. Therefore you should not place undue reliance on
these forward-looking statements. Please see “Risk Factors” in our 2006
annual report on Form 10-K and in other documents we file with the
Securities and Exchange Commission for a complete description of the material
risks we face.
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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