Charles River Associates (CRA) Announces CFO Transition
Charles River Associates (NASDAQ: CRAI) announced a leadership transition as CFO Daniel Mahoney will depart for an opportunity outside consulting, effective April 11, 2025. Chad Holmes, currently Chief Corporate Development Officer and former CFO, will serve as interim CFO while the company conducts an executive search for a permanent replacement.
CEO Paul Maleh highlighted that CRAI's market and financial position is at its strongest, noting 2024 marked their seventh consecutive year of record annual revenue. Holmes, who joined CRAI in 2004, has been part of the senior management team since 2009 and previously served as CFO from 2014 to 2020.
Charles River Associates (NASDAQ: CRAI) ha annunciato una transizione nella leadership, poiché il CFO Daniel Mahoney lascerà per un'opportunità al di fuori della consulenza, a partire dall'11 aprile 2025. Chad Holmes, attualmente Chief Corporate Development Officer e ex CFO, assumerà il ruolo di CFO ad interim mentre l'azienda condurrà una ricerca esecutiva per un sostituto permanente.
Il CEO Paul Maleh ha sottolineato che la posizione di mercato e finanziaria di CRAI è al suo massimo, notando che il 2024 segna il settimo anno consecutivo di entrate annuali record. Holmes, che è entrato in CRAI nel 2004, fa parte del team di gestione senior dal 2009 e ha precedentemente ricoperto il ruolo di CFO dal 2014 al 2020.
Charles River Associates (NASDAQ: CRAI) anunció una transición en el liderazgo, ya que el CFO Daniel Mahoney se marchará por una oportunidad fuera de la consultoría, a partir del 11 de abril de 2025. Chad Holmes, actualmente Chief Corporate Development Officer y ex CFO, asumirá el cargo de CFO interino mientras la empresa realiza una búsqueda ejecutiva para un reemplazo permanente.
El CEO Paul Maleh destacó que la posición de mercado y financiera de CRAI es la más fuerte, señalando que 2024 marca su séptimo año consecutivo de ingresos anuales récord. Holmes, quien se unió a CRAI en 2004, ha sido parte del equipo de alta dirección desde 2009 y anteriormente se desempeñó como CFO desde 2014 hasta 2020.
찰스 리버 어소시에이츠 (NASDAQ: CRAI)는 CFO 다니엘 마호니가 컨설팅 외부의 기회를 위해 2025년 4월 11일자로 떠날 것이라고 발표했습니다. 채드 홈스, 현재 기업 개발 책임자이자 이전 CFO는 회사가 영구적인 대체자를 위한 임원 검색을 수행하는 동안 임시 CFO로 활동할 것입니다.
CEO 폴 말레는 CRAI의 시장 및 재무 위치가 가장 강력하다고 강조하며, 2024년이 연속 7년째 연간 수익 기록을 세웠다고 언급했습니다. 2004년 CRAI에 합류한 홈스는 2009년부터 고위 경영진 팀의 일원이었으며, 2014년부터 2020년까지 CFO로 재직했습니다.
Charles River Associates (NASDAQ: CRAI) a annoncé une transition de leadership, car le CFO Daniel Mahoney partira pour une opportunité en dehors du conseil, à compter du 11 avril 2025. Chad Holmes, actuellement Chief Corporate Development Officer et ancien CFO, servira en tant que CFO par intérim pendant que l'entreprise effectuera une recherche exécutive pour un remplaçant permanent.
Le PDG Paul Maleh a souligné que la position de marché et financière de CRAI est à son sommet, notant que 2024 marque leur septième année consécutive de revenus annuels record. Holmes, qui a rejoint CRAI en 2004, fait partie de l'équipe de direction depuis 2009 et a précédemment été CFO de 2014 à 2020.
Charles River Associates (NASDAQ: CRAI) gab bekannt, dass es einen Führungswechsel geben wird, da CFO Daniel Mahoney am 11. April 2025 für eine Gelegenheit außerhalb der Unternehmensberatung ausscheiden wird. Chad Holmes, derzeit Chief Corporate Development Officer und ehemaliger CFO, wird als interimistischer CFO fungieren, während das Unternehmen eine Suche nach einem dauerhaften Nachfolger durchführt.
CEO Paul Maleh hob hervor, dass die Markt- und Finanzlage von CRAI auf ihrem Höhepunkt ist und bemerkte, dass 2024 das siebte aufeinanderfolgende Jahr mit Rekordumsätzen markiert. Holmes, der 2004 zu CRAI kam, ist seit 2009 Teil des Führungsteams und war zuvor von 2014 bis 2020 CFO.
- Seven consecutive years of record annual revenue through 2024
- Smooth transition plan with experienced former CFO stepping in as interim
- Company's market and financial position reported as strongest ever
- Departure of CFO Daniel Mahoney creates leadership uncertainty
- Need to conduct external search for permanent CFO replacement
“On behalf of our Board of Directors and the entire senior management team, I want to thank Dan for his financial leadership and for his many contributions over the past five years,” said CRA President and Chief Executive Officer Paul Maleh. “CRA’s market and financial position has never been stronger and 2024 was our seventh consecutive year of record annual revenue.”
“It has been a privilege to work with Paul,
Mr. Holmes joined CRA in 2004 and has served as the Company's Chief Corporate Development Officer since 2020. He has been a member of the senior management team since 2009 and an Executive Vice President since 2014. From 2014 to 2020, he served as CRA’s CFO and Treasurer.
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
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Source: Charles River Associates
FAQ
When will CRAI CFO Daniel Mahoney leave the company?
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How many consecutive years of record revenue has CRAI achieved?
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