Kroll Announces Reorganized Operating Structure and Leadership Team

Kroll Ontrack to Operate as a Distinct Business Segment

Mark R. Williams Named Chief Executive Officer of Kroll Ontrack

NEW YORK--()--Kroll, a global leader in risk mitigation and response solutions, today announced that the Board of Directors of Corporate Risk Holdings, LLC, its new parent company, has decided to operate Kroll as two distinct business segments: Kroll Advisory and Kroll Ontrack. David Fontaine, CEO of Corporate Risk Holdings, has appointed Mark R. Williams as CEO of Kroll Ontrack, effective immediately.

With respect to Kroll Advisory, Mr. Fontaine announced that Lee Kirschbaum will continue to lead the Compliance business and Brian Lapidus will continue to lead the Identity Theft and Breach Notification business. Mr. Fontaine will, with the support of the regional managing directors and senior management team, head the Investigations and Disputes practice.

Kroll Ontrack provides global technology-driven services and solutions to help legal, corporate and government entities as well as consumers collect, manage, recover, search, analyze, produce and present data efficiently and cost-effectively. In addition to its award-winning suite of software, Kroll Ontrack delivers data recovery, data destruction, electronic discovery, consulting and document review services.

“I am pleased to work alongside Mark at this exciting time in Kroll Ontrack’s history, said David Fontaine. “As part of our new operating structure, the entire Kroll Ontrack team, under Mark’s leadership, will re-double the Company’s dedication to offering its clients the best service and solutions.”

Mr. Williams, said, “Kroll Ontrack is a great company with a history of being an industry leader. I am excited about building on our track record and leading us into the future. Delivering outstanding value and service to our clients has been and will continue to be our primary focus. With the support of our new Board and ownership, we are committed to investing in our technology, products and services, expanding our global footprint and broadening our addressable markets. With an energized team and loyal clients, I am more confident than ever in our ability to win.”

In connection with this organizational change, Emanuele (Manny) Conti, who has served as Chief Executive Officer of Kroll since April 2014, has decided to leave the organization, effective as of September 30, 2015, to pursue other personal career aspirations. In order to effect a smooth transition, Mr. Conti has agreed to assist the Company as a consultant for several months.

Mr. Fontaine stated, “We would like to thank Manny for his leadership over the past year and a half, including leading the business to growth and seeing Kroll through to the completion of the broader organization’s recent financial restructuring process. Manny’s knowledge, expertise and entrepreneurial spirit have helped Kroll and its multifaceted businesses advance in their various markets. We wish Manny well in his new pursuits. With his support over the coming months, combined with the strength of our established leadership team, I am confident that it will be a seamless transition.”

“It has been an honor and a privilege to lead Kroll and work with who I view to be the most talented employees and management team in the industry,” said Mr. Conti. “Kroll is now operating from a position of strength, and I have every confidence that the business will thrive under David’s and Mark’s leadership.”

About Mark Williams

Williams brings over 20 years of experience across all aspects of the legal services industry having lived and worked in many different countries around the world. He practiced corporate law as an attorney and partner with a prestigious global law firm; founded a legal process outsourcing company; and was a senior executive with three leading firms in the legal outsourcing/data solutions market. Williams worked for 17 years as an attorney and Partner with DLA Piper, one of the world’s largest international law firms. Notably, he helped lead the successful global expansion of the law firm in Asia and the Middle East. Since April, Williams has served as President of Kroll Ontrack. Previously, he was Executive Vice President of Legal Services for UnitedLex collaborating on the development and implementation of a new business venture for legal outsourcing. Prior to his role at UnitedLex, he led Discovery Services across nine global facilities and served as Managing Director for Huron Legal, which provides advisory and legal services to law departments and law firms. Before joining Huron, Williams was Senior Vice President of Axiom Global and led their Managed Discovery and projects division. Earlier in his career, Williams co-founded Key Legal in Hyderabad, India, which provided various legal process outsourcing services. Williams earned his J.D. at Columbia University School of Law and is admitted to the Illinois Bar and District of Columbia Bar. He has been a member of the American, Illinois, Chicago and District of Columbia Bar Associations. In addition to his J.D., Williams has earned MBA and M.Sc. degrees and other certifications from premier universities in the U.S., England, China and Spain.

About Kroll Ontrack Inc.:

Kroll Ontrack provides technology-driven services and solutions to help legal, corporate and government entities as well as consumers manage, recover, search, analyze, produce and present data efficiently and cost-effectively. In addition to its award-winning suite of software, Kroll Ontrack provides data recovery, data destruction, electronic discovery, consulting and document review. For more information about Kroll Ontrack and its offerings please visit: www.ediscovery.com or follow @KrollOntrack on Twitter.

About Kroll:

Kroll is the leading global provider of risk solutions. For more than 40 years, Kroll has helped clients make confident risk management decisions about people, assets, operations and security through a wide range of investigations, cyber security, due diligence and compliance, physical and operational security and data and information management services. Headquartered in New York with more than 50 offices across nearly 30 countries, Kroll has a multidisciplinary team of over 2,000 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies and individuals. For more information visit www.kroll.com.

Forward-Looking Statements

This press release may contain “forward-looking statements.” These forward-looking statements include, but are not limited to, statements regarding the Company’s performance and growth, and other non-historical statements. Forward-looking statements identify prospective information. Important factors could cause actual results to differ, possibly materially, from those stated in the forward-looking statements. In some cases you can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “potential,” “should,” “will” and “would” or the negatives thereof, variations thereof or other similar words. You should read statements that contain these words carefully because they discuss the Company’s future priorities, goals, strategies, actions to improve business performance, market growth assumptions and expectations, future business opportunities, capital expenditures, financing needs, financial position and other information that is not historical information or state other “forward-looking” information. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements.

Contacts

Kroll
Adele Brown, 212-833-3305
adele.brown@kroll.com
or
Kroll Ontrack Inc.
Kristin Husom, 952-516-3781
khusom@krollontrack.com

Contacts

Kroll
Adele Brown, 212-833-3305
adele.brown@kroll.com
or
Kroll Ontrack Inc.
Kristin Husom, 952-516-3781
khusom@krollontrack.com