Sudeep Ghai Joins ICF International Subsidiary, SH&E, as Vice President
SH&E London Office Builds its Airports and Airlines Expertise
London, United Kingdom, November 18, 2008 -
ICF International (NASDAQ:ICFI) announced today that Sudeep Ghai has joined the firm as vice president with SH&E, an ICF International Company, in its London office. Mr. Ghai comes to the firm with more than 12 years of senior level strategic and operational experience in the airline industry, with a track record of success in new business start-up, strategy development, and commercial performance improvement.
“Sudeep’s frontline experience of delivering results in challenging environments will help us broaden our consulting offerings and transform commercial performance in low-cost and traditional airlines across our client portfolio, particularly Europe and the Middle East,” said David Treitel, president of SH&E. “Our clients will benefit from Sudeep’s innovative insights and superior business acumen.”
Prior to joining SH&E, Mr. Ghai served as chief commercial officer for Sama, a new, low-cost airline in Saudi Arabia, where he set up the commercial organisation and managed revenue performance across sales, marketing, network planning, and revenue management. Before Sama, Mr. Ghai was one of the co-founders of Virgin Nigeria, the first, private-sector funded flag carrier in Africa, where he served as head of sales and distribution. Mr. Ghai had served previously as senior manager of corporate development at British Airways and director of international strategy and alliances at Trans World Airlines.
Also in London, SH&E has hired a new principal, Abbas Mirza, and three senior managers. Mr. Mirza brings 18 years of airport commercial experience, primarily focusing on the development and delivery of strategies to maximise revenue streams from non-aeronautical sources. He was most recently a commercial manager for all seven British Airport Authority (BAA) airports in the UK.
The three new senior managers, Stijn Vandermoere, Scott Derbyshire, and Tania Rocca, join SH&E from easyJet commercial planning and marketing, BAA operations planning, and BAA’s Heathrow slot coordination, respectively.
With the addition of these four experts and other recent new hires, SH&E, ICF’s aviation consulting division, now numbers more than 100 dedicated full-time staff. These industry experts, together with ICF’s more than 3,000 domain experts in climate change, program management, information technology, strategic communications, and human capital transformation, enable the firm to be a preeminent consultancy in providing unparalleled capabilities and resources on transportation, infrastructure, and climate change issues.
About SH&E and ICF International
For 45 years SH&E has been dedicated to serving the air transportation industry, providing its aviation expertise to airlines, airports, governments, international agencies, manufacturers, and financial institutions. The company’s core capabilities include airline strategy, planning, and operations; airport demand management, planning, and air service marketing; cost-benefit analysis of environmental regulations; cargo studies; revenue management; appraisals, maintenance management, and asset management; safety and security audits; financial due diligence, and privatization, mergers, and alliances. In December 2007, SH&E’s one hundred-plus staff joined ICF International, further expanding its breadth of services, offerings, and expertise. SH&E’s Web site is www.sh-e.com.
ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
Caution Concerning Forward-looking Statements
This document may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995—that is, statements related to future—not past—events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our 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 such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “guidance,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. Federal Government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; the future of the energy sector of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange Commission. These uncertainties may cause ICF’s actual future results to be materially different than those expressed in the Company’s forward-looking statements. ICF does not undertake to update its forward-looking statements.