Charles River Associates (CRA) Expands Its Finance Practice

Business Wire 26-Feb-2025 8:30 AM

Charles River Associates (NASDAQ:CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Professor Christopher J. Palmer has affiliated with the Company's Finance Practice as a Senior Consultant.

"We are excited to welcome Christopher as a Senior Consultant to our Finance Practice," said CRA President and Chief Executive Officer Paul Maleh. "In addition to his extensive academic research in the areas of consumer finance, real estate finance, and banking, he has served as an expert before the Delaware Court of Chancery."

"Christopher is a recognized expert in corporate finance and we look forward to collaborating with him to support our clients on a wide range of legal and regulatory matters," said Stephen O'Neil, Vice President & Finance Practice Co-Leader.

"Christopher has a skill set that is highly valued by our clients," said Dr. Mukarram Attari, Vice President & Finance Practice Co-Leader. "His expertise is applicable to many different types of matters, including mergers, securities, and complex commercial disputes."

Dr. Palmer is an Associate Professor of Finance at the MIT Sloan School of Management where he teaches corporate finance. His research focuses on how credit, real estate, and labor markets respond to periods of significant upheaval. He is a Research Associate at the National Bureau of Economic Research, an Affiliate with the Jameel Poverty Action Lab, and a Visiting Scholar at Harvard Business School.

Dr. Palmer previously taught real estate finance at the University of California Berkeley's Haas School of Business and he was a Visiting Scholar at the Federal Reserve Banks of Boston, New York, and San Francisco. Prior to graduate school, he consulted with a global economic consulting firm. Dr. Palmer holds a BA in economics and mathematics from Brigham Young University and a PhD in economics from MIT.

About CRA's Finance Practice CRA's Finance Practice focuses on providing expert testimony in legal disputes relating to securities trading and markets, company valuations, bankruptcy and solvency, and damages to companies, shareholders, and other interested parties.

About Charles River Associates (CRA) Charles River Associates^® is a leading global consulting firm specializing in economic, financial, and management consulting services. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout the world. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at www.crai.com. Follow us on LinkedIn, Instagram, and Facebook.

SAFE HARBOR STATEMENT Statements in this press release concerning the affiliation of Christopher Palmer with and the expansion of CRA's Finance Practice, and any future business Dr. Palmer may generate for CRA, are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon management's current expectations and are subject to a number of factors and uncertainties. Information contained in these forward-looking statements is inherently uncertain, and actual performance and results may differ materially due to many important factors. Such factors that could cause actual performance or results to differ materially from any forward-looking statements made by CRA include, among others: the failure to generate engagements for us; the potential loss of clients; the demand environment; global economic conditions; foreign exchange rate fluctuations; and intense competition. Additional potential factors that could affect our financial results are included in our periodic filings with the Securities and Exchange Commission, including those under the heading "Risk Factors." We cannot guarantee any future results, levels of activity, performance, or achievement. We undertake no obligation to update any forward-looking statements after the date of this press release, and we do not intend to do so.

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Nicholas Manganaro Sharon Merrill Advisors crai@investorrelations.com 617-542-5300