Charles River Associates welcomes Prof. Heather Tookes to its Board as Independent Director

– USA, MA –  Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the appointment of Prof. Heather Tookes (Ph.D.) to its Board as an Independent Director, effective December 8, 2022.

Professor Tookes will join the Compensation and the Nominating and Corporate Governance Committees.

“We are pleased to welcome Professor Heather Tookes to CRA’s Board. In addition to being an expert in corporate finance, Professor Tookes brings a wealth of board experience from having served on a number of nonprofit, private and public company boards. We are confident she will provide a valuable perspective as we continue to execute our strategy for profitable growth and enhance value for our shareholders,” said Chairman and CEO, Paul Maleh.

About Professor Heather E. Tookes

Professor Tookes is Deputy Dean for Faculty and Professor of Finance at Yale University’s School of Management and has been on the faculty since 2004. Her research lies at the intersection of capital markets and corporate finance. Much of her work focuses on understanding how credit market frictions interact with firms’ financing decisions. Professor Tookes teaches corporate finance to MBA students and has won awards for her teaching. Professor Tookes is also an independent director on the boards for Dimensional Fund Advisors U.S. mutual funds and exchange-traded funds, Ariel Investments, LLC, and Payoneer Global, Inc. Professor Tookes has a Ph.D. in finance from Cornell University and a BA in economics from Brown University.

About Charles River Associates

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 about 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, industry knowledge, and objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout the world.

For more information: https://www.crai.com/

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