Lori Lightfoot, Former Chicago Mayor, Joins Charles River Associates (CRA) as Senior Consultant to Forensic Services Practice

Rhea-AI Summary

Charles River Associates (CRAI) announced the addition of Lori E. Lightfoot as a senior consultant to their Forensic Services Practice. Lori, the former mayor of Chicago and a federal prosecutor, brings expertise in investigations, litigation, and crisis management. Her addition strengthens CRA's capabilities in navigating complex business environments.

BOSTON--(BUSINESS WIRE)-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Lori E. Lightfoot, the former mayor of the city of Chicago and a former federal prosecutor, has joined CRA as a senior consultant to the Forensic Services Practice. Ms. Lightfoot will work out of the company’s Chicago and New York City offices.

“We are excited to welcome Lori Lightfoot to the CRA team,” said CRA President and Chief Executive Officer Paul Maleh. “Lori has a wealth of experience and rare expertise related to complex investigations, high-stakes litigation, enforcement actions, and crisis management.”

“Lori exemplifies our commitment to being a trusted partner to clients in navigating today’s most challenging business and regulatory environments,” said Vice President and Forensic Services Practice Leader Kris Swanson. “Lori will join a team that advises clients on high-stakes and complex matters involving serious allegations of fraud, misconduct, and matters of regulatory compliance.”

“CRA has a stellar and well-deserved reputation, and I am honored to be joining such an esteemed group of colleagues,” said Ms. Lightfoot. “I am excited about introducing CRA's excellent offerings to new clients and working to deepen our relationships with existing clients."

Ms. Lightfoot began her legal career at the international law firm of Mayer Brown LLP, where she became a senior partner. She later served as an Assistant U.S. Attorney in the Northern District of Illinois for six years. From 2019 to 2023, Ms. Lightfoot served as the 56^th mayor of Chicago. She has a B.A. in political science from the University of Michigan and a J.D. from the University of Chicago.

About CRA’s Forensic Services Practice

CRA’s Forensic Services Practice assists clients by independently responding to allegations of fraud, abuse, cybercrime, misconduct, and non-compliance, deploying cross-trained teams of experienced forensic professionals to deliver deep and timely insights. The Practice—including its state-of-the art digital forensics, eDiscovery, and cyber incident response labs—has been certified under International Organization for Standardization (ISO) 27001:2013 requirements as part of its industry-leading commitment to clients and their information security.

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 addition of Lori E. Lightfoot, CRA’s Forensic Services Practice, the expansion of the Forensic Services Practice, and any future business Ms. Lightfoot 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240313551504/en/

Media Relations

CRA International

media@crai.com

617-425-6453

Nicholas Manganaro

Sharon Merrill Advisors

crai@investorrelations.com

617-542-5300

Source: Charles River Associates

FAQ

Who is the new senior consultant at Charles River Associates?

Lori E. Lightfoot has joined as a senior consultant to the Forensic Services Practice at Charles River Associates.

What is Lori Lightfoot's background?

Lori Lightfoot is the former mayor of Chicago and a former federal prosecutor with expertise in complex investigations, litigation, and crisis management.

Where will Lori Lightfoot work?

Lori Lightfoot will work out of Charles River Associates' Chicago and New York City offices.

What does Lori Lightfoot bring to CRA's Forensic Services Practice?

Lori Lightfoot's expertise strengthens CRA's capabilities in advising clients on high-stakes matters involving fraud, misconduct, and regulatory compliance.

What is the significance of Lori Lightfoot joining CRA?

Lori Lightfoot's addition reinforces CRA's commitment to being a trusted partner in navigating challenging business and regulatory environments.