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CRA Strengthens Capabilities with Promotion of Eight Vice Presidents
Consultants Reinforce CRA's Expertise in Energy, Intellectual Property, Competition and Transfer Pricing Sectors
BOSTON, Apr 06, 2009 (BUSINESS WIRE) -- CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing management, economic, and financial consulting services, today announced the expansion of its consulting capabilities in Energy & Environment, Competition, Intellectual Property and Transfer Pricing Practices with the promotion of seven new vice presidents. In addition, the Company's Associate General Counsel has been promoted to vice president.
"We are delighted to announce our newest Vice President promotions and to recognize these individuals for their accomplishments at CRA," said CRA's President and Chief Executive Officer James C. Burrows. "They have provided valuable expertise to clients across a range of industries. In addition, they are established in their respective fields, widely published in leading journals and publications, and recognized internationally in the government and corporate sectors for their research and analysis. Our clients will continue to benefit from their knowledge, experience and insight in the years ahead."
Mounir Ayntrazi,Energy, has extensive experience working with electric, water and gas utilities in the Middle East with a focus on the United Arab Emirates and Lebanon. He specializes in project finance, performance improvement, and economic and financial analysis. Prior to joining CRA, Mr. Ayntrazi worked with boutique project finance advisory firms advising multilateral development agencies and export credit agencies. He holds a BS degree in Civil Engineering, an MS in Civil & Environmental Engineering, and an MS in Finance from George Washington University.
Susan Fickling-Munge,Transfer Pricing, has more than 13 years of experience working with a wide variety of global companies in transfer pricing planning, documentation and defense, as well as valuations for tax purposes. She has assisted with international and state tax planning projects, employing transfer pricing techniques to help support clients' tax strategies. Ms. Fickling-Munge also has been active in publishing articles on a range of transfer pricing-related topics in widely read trade publications. She holds a BA in Economics and Latin American Studies from Scripps College, and an MBA from the University of Chicago.
Laurent Flochel,Competition, has research experience in industrial organization, competition policy and network industries. Prior to joining CRA, he was a professor of economics at the University of Lyon and also served as an economic advisor on the Council of Economic Analysis of the French Prime Minister. Dr. Flochel has extensive consulting experience in merger control and antitrust, providing economic analyses in a number of high-profile, landmark cases. He holds a DEA of Mathematical Economics and Econometrics, a Magister of Economics and a PhD in Economics from the University of Paris I Pantheon-Sorbonne.
David Reitman,Competition, specializes in antitrust and industrial organization economics. He has deep experience in merger review and unilateral conduct cases. Dr. Reitman also has served as a testifying expert and in litigation support on matters before the US Department of Justice (DOJ) and the Federal Trade Commission. Prior to joining CRA, he was an economist in the Antitrust Division of the DOJ, where he worked on a wide variety of monopolization and merger cases. He also was on the faculty at Ohio State University and UCLA. Dr. Reitman holds an AB in Applied Mathematics from Harvard University, and an MA in Economics and PhD in Decision Sciences from Stanford University.
Jeffrey G. Snell,Intellectual Property, is a designated expert and has provided testimony in intellectual property, commercial litigation and patent infringement matters. Mr. Snell combines infringement litigation experience with extensive financial modeling capabilities to create flexible decision tree models to help companies evaluate, manage, and settle intellectual property disputes. He also creates flexible valuation models to help clients negotiate financial terms in licensing transactions. Mr. Snell holds a BS in Accounting from Indiana University and an MBA from the University of North Carolina. He also is a Certified Public Accountant.
Jeffery A. Stec,Intellectual Property, has designed, conducted, and evaluated numerous economic and financial analyses using advanced economic and econometric principles. He has served as a consulting expert and an expert witness in economics, statistics, and survey research and has provided testimony across a broad spectrum of projects and industries that addressed market definition and antitrust issues, commercial damages, intellectual property infringement, survey research and design, and securities fraud. Dr. Stec holds a BA in Philosophy and Psychology from Cornell University, a BA in Economics from the University of Illinois - Chicago, and a PhD in Economics from Ohio State University.
Gerben Weistra, Transfer Pricing, has more than 10 years of transfer pricing experience, advising on a wide range of complex tax and economic issues for multinationals in a variety of industries. His experience includes the practical implications and commercial impact of developing and implementing transfer pricing strategies, and developing new transfer pricing systems in the context of international tax restructurings. Mr. Weistra has provided economic analyses and advice in a variety of transfer pricing engagements, including planning, audit defense, advance pricing agreements (APAs), cost-sharing arrangements, and intellectual property valuation. He holds an MA in Fiscal Economics from Groningen University.
Marion Odence-Ford, Associate General Counsel, has extensive legal experience that includes both domestic and international work. She is responsible for all corporate, business representation, and transactional matters relating to CRA, its worldwide subsidiaries and clients in North America, Europe, Asia Pacific and the Middle East. Ms. Odence-Ford also assists the General Counsel in managing CRA's legal and contracts departments. She currently sits on the Board of Northeastern University School of Law and the Boston Children's Museum Board of Overseers. She holds a BA in Psychology from Barnard College/Columbia University, an M.Phil. in Criminology from the University of Cambridge, and a JD from Northeastern University School of Law.
About CRA International
Founded in 1965, CRA International is a leading global consulting firm that offers economic, financial and business management expertise to major law firms, businesses, accounting firms and governments. CRA's consultants combine uncommon analytical rigor with practical experience and in-depth understanding of industries and markets. CRA is adept at handling critical, tough assignments with high-stakes outcomes. CRA's analytical strength enables it to reach objective, factual conclusions that help clients make important business and policy decisions and resolve critical disputes. Headquartered in Boston, CRA has offices throughout North America, Europe, the Middle East and Asia. Detailed information about CRA is available at http://www.crai.com.
Statements in this press release concerning the expected use of CRA's expertise or the expertise of the promoted Vice Presidents, the future business, operating results, estimated cost savings, and financial condition of the Company and statements using the terms "anticipates," "believes," "expects," "should," or similar expressions, 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 results to differ materially from any forward-looking statements made by the Company include, among others, the Company's restructuring costs and attributable annual cost savings, changes in the Company's effective tax rate, share dilution from the Company's convertible debt offering and stock options, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, utilization rates, risks associated with acquisitions it may make in the future, risks inherent in international operations, the performance of NeuCo, changes in accounting standards, rules and regulations, changes in the law that affect its practice areas, management of new offices, the potential loss of clients, dependence on the growth of the Company's business consulting practice, the unpredictable nature of litigation-related projects, the ability of the Company to integrate successfully new consultants into its practice, intense competition, risks inherent in litigation, and professional liability. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of its forward-looking statements after the date of this press release.
SOURCE: CRA International, Inc.
CRA International, Inc.
James C. Burrows, 617-425-3700
President and CEO
Sharon Merrill Associates
Jim Buckley, 617-542-5300
Executive Vice President