Press Release

David Maughan Joins Navigant’s Valuation & Financial Risk Management Practice as Managing Director

April 9, 2015 at 8:31 AM EDT

CHICAGO--(BUSINESS WIRE)--Apr. 9, 2015-- Navigant (NYSE: NCI) announced today that David Maughan has been appointed Managing Director within Navigant’s Valuation & Financial Risk Management practice. Maughan, and will lead transaction advisory efforts for Navigant Capital Advisors, LLC, the Firm’s registered broker-dealer subsidiary.

Maughan has broad expertise across several industries with a focus on financial services companies. Maughan, based in New York, will work across Navigant’s industry sectors to advise clients on buy and sell-side opportunities.

“David’s financial services expertise is well aligned with our objectives to extend loan valuation capabilities into transaction advisory services, and enables us to help our clients with investment and sales opportunities through Navigant Capital Advisors,” said Richard Hitt, Managing Director and Leader of Navigant’s Valuation & Financial Risk Management practice. “His ability to connect investment banking and valuation expertise should be a great asset for both bank and non-bank clients.”

Maughan has deep subject matter expertise gained through a near 40-year career as an investment banker and consultant. He has provided financial advisory services to bank and non-bank financial institutions, including major companies and entrepreneurs in the U.S., Canada and Japan. His prior experience includes senior-level roles at Pelion Financial Group, Sterne, Agee & Leach, and Flagstone Securities. Maughan has also held senior-level posts at CastaNet Capital, BMO Nesbitt Burns, KPMG BayMark Capital, Kidder Peabody, Drexel Burnham Lambert and Morgan Stanley.

“In today’s era of financial challenges, this position provides a tremendous opportunity to develop and deliver comprehensive strategies and solutions to financial institutions. I look forward to working with the talented Navigant team to optimize results and maximize value for our clients,” said Maughan.

Maughan holds FINRA Series 7, 79, 24, and 63 licenses. He earned his B.B.A. at Bishop’s University in Quebec and his M.B.A. at the University of Western Ontario.

About Navigant

Navigant (NYSE: NCI) is a specialized, global professional services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals deliver expert and advisory work through implementation and business process management services. The firm combines deep technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism to address clients’ needs in highly regulated industries, including Construction, Energy, Financial Services and Healthcare. More information about Navigant can be found at

About Navigant Capital Advisors

Navigant Capital Advisors, LLC (NCA) is the registered broker-dealer subsidiary of Navigant Consulting, Inc. NCA serves the investment banking and transaction advisory needs of our clients. Investment banking, private placement, merger, acquisition and divestiture services offered through Navigant Capital Advisors, LLC. Member FINRA/SIPC. More information about Navigant Capital Advisors can be found at

Statements included in this press release which are not historical in nature are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by words such as “anticipate,” “believe,” “intend,” “estimate,” “expect,” “plan,” “outlook” and similar expressions. These statements are based upon management’s current expectations and speak only as of the date of this press release. The Company cautions readers that there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those contained in or implied by the forward-looking statements including, without limitation: the success of the Company’s organizational changes and margin improvement initiatives; risks inherent in international operations, including foreign currency fluctuations; ability to make acquisitions and divestitures; pace, timing and integration of acquisitions and separation of divestitures; operational risks associated with new or expanded service areas, including business process management services; impairments; management of professional staff, including dependence on key personnel, recruiting, attrition and the ability to successfully integrate new consultants into the Company’s practices; utilization rates; conflicts of interest; potential loss of clients or large engagements; clients’ financial condition and their ability to make payments to the Company; risks inherent with litigation; higher risk client assignments; professional liability; potential legislative and regulatory changes; continued access to capital; and market and general economic conditions. Further information on these and other potential factors that could affect the Company’s financial results are included under the “Risk Factors” section and elsewhere in the Company’s filings with the Securities and Exchange Commission (SEC), which are available on the SEC’s website or at The Company cannot guarantee any future results, levels of activity, performance or achievement and undertakes no obligation to update any of its forward-looking statements.

Source: Navigant

Navigant Marketing
Lil Alahendra, 646.227.4462

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