CRA International

Summary
CRA International, Inc., together with its subsidiaries, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues. The company also offers consulting services, including research and analysis, expert testimony, and support in litigation and regulatory proceedings in the areas of finance, accounting, economics, insurance, and forensic accounting and investigations to corporate clients and attorneys. In addition, it offers management consulting services comprising strategy development, performance improvement, corporate strategy and portfolio analysis, estimation of market demand, new product pricing strategies, valuation of intellectual property and other assets, assessment of competitors' actions, and analysis of new sources of supply. The company serves various industries, including communications and media; consumer, health, and wellness products; energy; entertainment and leisure; financial services; healthcare; life sciences; manufacturing and industries; natural resources; retail and distribution; technology; and transportation. CRA International, Inc. was incorporated in 1965 and is headquartered in Boston, Massachusetts.

History

CRA acquired economic consultancy firm Lexecon in 2005 to expand its practice into Europe and the United Kingdom.Marakon, which CRA acquired in 2009, forms part of their management consulting practice. Marakon Associates was founded in 1978 and pioneered value-based management from the mid 1980s based on the academic work of Dr. Bill Alberts. This management principle, also known as managing for value , states that management should first and foremost consider the interests of shareholders when making management decisions. Under this principle, senior executives should set performance targets in terms of delivering shareholder returns and managing to achieve them.

Economic forecasts used to oppose climate policy

Prior to the 1992 Earth Summit in Rio de Janeiro and the 1997 Kyoto summit , the fossil fuel industry used reports authored by CRA and funded by the fossil fuel industry to argue that US compliance with climate policy would be economically disastrous. CRA called the Clinton administration's projections for costs of compliance with the Kyoto Protocol wildly optimistic, and argued that compliance would take a "healthy whack out of the economy". CRA's work forecasting the impact on employment of the 2003 Climate Stewardship Act was criticized by the Natural Resources Defense Council in 2005 for using unrealistic economic assumptions and producing directionally incorrect estimates. According to a 2021 study, flawed economic forecasting reports written by four economists at Charles River Associates between 1991 and 2009, and paid for by fossil fuel interests, overestimated predicted costs and ignored potential policy benefits. The study argues that the reports written by CRA "played a key role in weakening, delaying, or defeating a wide range of climate policies".


Mission
We strive to solve our clients' most pressing challenges and empower them to achieve their goals.

Vision
Our vision is to be a top choice for clients who need the highest quality consulting solutions delivered in the most cost-effective way.

Key Team

Mr. Chad Holmes (Exec. VP & Chief Corp. Devel. Officer)

Ms. Mary Beth Savio (VP & Director of Operations)

Mr. Samuel Lynch (Principal)

Mr. Elahd Toam (Principal)

Ms. Cristina Caffarra (VP & Head of European Competition Practice)

Dr. Miguel Herce (Principal)

Dr. Xiao-Ru Wang (Principal)


Recognition and Awards
CRA has received numerous awards over the course of our 50+ years in business, such as Top Consultant in Fortune Magazine, Most Admired Consulting Firm by BusinessWeek, and numerous industry awards.

References
CRA International
Leadership team

Mr. Paul A. Maleh (Chairman, Pres & CEO)

Mr. Daniel K. Mahoney (CFO, Exec. VP & Treasurer)

Mr. Jonathan D. Yellin (Exec. VP & Gen. Counsel)

Products/ Services
Auctions, Consulting, Legal
Number of Employees
500 - 1000
Headquarters
Boston, Massachusetts, United States
Established
1965
Company Registration
SEC CIK number: 0001053706
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
CRAI
Social Media
Sun Mar 03 2024
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