UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_____________________
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
December
5, 2006
Date
of
Report (Date of earliest event reported)
Huron
Consulting Group Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
000-50976
|
01-0666114
|
|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
|
of
incorporation or organization)
|
File
Number)
|
Identification
Number)
|
550
West Van Buren Street
Chicago,
Illinois
60607
(Address
of principal executive offices)
(Zip
Code)
(312)
583-8700
(Registrant’s
telephone number, including area code)
_____________________
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02. Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On
December 5, 2006, the Board of Directors of Huron Consulting Group Inc.
(the “board”) elected Mr. H. Eugene Lockhart as a new independent director to
the board. Mr. Lockhart will be a Class I director and his term will end at
the annual meeting of shareholders in 2008, at which time we expect him to
stand
for re-election. Mr. Lockhart has been appointed to both the audit
committee and the nominating and corporate governance committee of the
board.
In
connection with his election, Mr. Lockhart will receive an equity grant
under our 2004 Omnibus Stock Plan of 15,000 shares of restricted common stock,
one-twelfth of which are scheduled to vest on the first day of each quarter
over
the following twelve quarters, beginning on January 1, 2007. As an
independent director, Mr. Lockhart will receive $40,000 per year and $1,000
for
each meeting of the board or any committee of the board that he attends.
In
addition, he will be reimbursed for out-of-pocket expenses for attending
board
and committee meetings.
A
copy of
the press release announcing Mr. Lockhart’s election is filed as an exhibit to
this current report on Form 8-K and is incorporated herein by reference in
its
entirety.
Item
9.01. Financial
Statements and Exhibits.
| (d) | Exhibits |
| 99.1 |
Press
release, dated December 5, 2006, announcing the election of Mr. H.
Eugene Lockhart to the board of
directors.
|
-
1
-
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
Huron
Consulting Group Inc.
|
|||
|
(Registrant)
|
|||
|
Date:
|
December 6,
2006
|
/s/
Gary L. Burge
|
|
|
Gary
L. Burge
|
|||
|
Vice
President,
|
|||
|
Chief
Financial Officer and
Treasurer
|
-
2
-
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
###