ICF International Names Subodh Karnik Vice President
ICF International Names Subodh Karnik Vice President
Appointment Strengthens ICF's Aviation and Aerospace Consulting Work
FAIRFAX, Va.--(BUSINESS WIRE)-- ICF International, a leading provider of consulting services and technology solutions to government and commercial clients, has named Subodh Karnik to the position of vice president for ICF SH&E, which provides professional services in the aviation and aerospace fields.
A senior executive with more than 30 years of experience, Mr. Karnik will build upon ICF SH&E's five decades of successfully assisting airline, aerospace, and travel companies to enhance their value through rigorous planning, restructuring, and operations improvements. He will work with clients across the globe and with ICF's aviation teams in Beijing, Boston, Hong Kong, London, and New York.
"Subodh Karnik brings to ICF deep executive expertise and experience in all facets of the commercial airline business as well as an extensive network of related industry participants worldwide," said Sergio Ostria, executive vice president for ICF International. "He is well regarded as an industry leader in this space. Working with senior subject matter experts and other key staff at ICF, he will be a key to ICF's continued growth in the international airline consulting market."
Over the past few years, Mr. Karnik has had the opportunity to lead and assist several airlines, governments, and private equity firms in ownership restructuring (privatization, investor search, and acquisitions), fleet and network planning, global alliances/joint ventures, labor negotiations, and operational efficiency improvements. He has performed interim engagements as chief commercial officer of Air Pacific, head of operations and commercial business of Fareportal Inc., and executive vice president of Air Jamaica. Prior to that, Mr. Karnik was president and chief executive officer of Global Aero Logistics Inc. He also has held senior positions at Delta Air Lines, Continental Airlines, and Northwest Airlines.
Mr. Karnik holds an MBA from the University of Michigan in the United States, and a bachelor's degree in mechanical engineering from Birla Institute of Technology & Science, Pilani, India.
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About ICF International
ICF International (NAS: ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and infrastructure; health, social programs, and consumer/financial; and public safety and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program lifecycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 4,500 employees serve these clients from more than 60 offices worldwide. ICF's website is http://www.icfi.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern ICF's current expectations about its future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; ICF's particular business, including its dependence on contracts with U.S. federal government agencies; and its ability to acquire and successfully integrate businesses. These and other factors that could cause ICF's actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of ICF's securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and ICF specifically disclaims any obligation to update these statements in the future.
ICF International
Erica Eriksdotter, +1-703-934-3668
erica.eriksdotter@icfi.com
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