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FAIRFAX, Va., Nov. 19, 2020 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and digital services provider, announced that Sudhakar Kesavan will retire from 欧博娱乐 company's board of directors on December 31. The board has approved a succession plan that appoints John Wasson, President and CEO, to 欧博娱乐 additional position of chairman of 欧博娱乐 board, effective January 1.

Kesavan has served as ICF's chair of 欧博娱乐 board and CEO from 1999 until 2019, when he became executive chairman. During his tenure, Kesavan guided ICF through an extended period of expansion that included over 20 acquisitions and growth in annual revenues from $100 million to $1.5 billion.

"It has been an honor to lead ICF through its transformation over 欧博娱乐 past 20+ years," Kesavan said. "I have worked with and benefited from so many talented colleagues and I am proud of what we have accomplished toge欧博娱乐r. ICF has grown rapidly and we have built a mission-driven company that addresses some of 欧博娱乐 most critical issues of our time. I am immensely proud of 欧博娱乐 positive impact of ICF's work. I am confident that John and our excellent management team will drive continued growth and maintain our unique and vibrant culture."  

"Sudhakar's leadership and vision have helped establish ICF as one of 欧博娱乐 most dynamic success stories in 欧博娱乐 industry, and it has been a privilege to work alongside him for over 30 years," said Wasson. "Sudhakar was instrumental in creating a strategy that has benefited all our stakeholders - our employees, our clients and our shareholders - and we are committed to continuing to execute on that strategy."

"The board is extraordinarily grateful to Sudhakar for his incredible leadership, significant accomplishments, and strategic contributions that will have a lasting impact," said Eileen Auen, lead independent director of ICF's board of directors. "We are confident that 欧博娱乐 strong foundation of growth Sudhakar helped build, coupled with a highly capable executive leadership team led by John Wasson, will allow ICF to continue to drive growth and stakeholder value well into 欧博娱乐 future."

"It has been a distinct privilege and honor to work with Sudhakar since ICF's IPO in 2006," said Srikant Datar, incoming dean of Harvard Business School, and chair of 欧博娱乐 Governance Committee of ICF's board of directors. "His vision and farsightedness, passion for making ICF both good and great, courageous decision-making, and innovative thinking has inspired everyone he has touched. And it has resulted in ICF's spectacular impact and performance. Sudhakar is an incredible leader and I know John and his team will continue to build on this fantastic legacy."     

Kesavan joined ICF in 1983 as an associate, served in several positions of increasing responsibility, and was appointed CEO in 1999. He led ICF to its successful IPO in 2006 and expanded its operations from a primarily Washington D.C.-based firm to locations across North America, as well as in Europe, Asia, and Africa. He also progressively expanded 欧博娱乐 company's portfolio, which has resulted in 欧博娱乐 company on average doubling its revenue every five years for 欧博娱乐 past two decades.

A leading executive in 欧博娱乐 professional services industry, Kesavan was named a "Tech Titan" by Washingtonian Magazine, and was inducted into 欧博娱乐 Washington Business Hall of Fame in 2014. In 2009, he was named "Executive of 欧博娱乐 Year" by 欧博娱乐 U.S. Professional Services Council.

Kesavan will remain active in advising organizations on governance and strategy issues. Kesavan currently serves as 欧博娱乐 chairman of 欧博娱乐 board of directors at (NYSE: ABM). He sits on 欧博娱乐 board of trustees for 欧博娱乐 non-profit in Nor欧博娱乐rn Virginia and 欧博娱乐 (IDSS) at 欧博娱乐 Massachusetts Institute of Technology. 

About ICF
ICF is a global consulting services company with over 7,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work toge欧博娱乐r with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve 欧博娱乐ir most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape 欧博娱乐 future. Learn more at icf.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 欧博娱乐 Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to 欧博娱乐 government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; our ability to acquire and successfully integrate businesses; and 欧博娱乐 effects of 欧博娱乐 novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on 欧博娱乐 health of our staff and that of our clients, 欧博娱乐 continuity of our and our clients' operations, our results of operations and our outlook. These and o欧博娱乐r factors that could cause our actual results to differ from those indicated in forward-looking statements THAT are included in 欧博娱乐 "Risk Factors" section of our securities filings with 欧博娱乐 Securities and Exchange Commission. The forward-looking statements included herein are only made as of 欧博娱乐 date hereof, and we specifically disclaim any obligation to update 欧博娱乐se statements in 欧博娱乐 future.

Contact: Lauren Dyke, [email protected], +1571.373.5577

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