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Miguel Maal Joins Charles River Associates (CRA) as a Vice President at Marakon

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Charles River Associates (NASDAQ: CRAI) announced the appointment of Miguel Maal as vice president at its management consulting practice, Marakon, based in New York. With over 20 years of experience in strategy consulting, Maal specializes in corporate strategy and growth solutions in the consumer goods, retail, and leisure sectors. His prior roles include partnerships at QVARTZ and OC&C Strategy Consultants. This strategic addition aims to enhance Marakon's client service capabilities in a dynamic market.

Positive
  • Appointment of Miguel Maal as vice president, strengthening Marakon's team.
  • Maal brings over 20 years of strategy consulting experience, enhancing expertise in turnaround solutions and growth strategies.
Negative
  • None.

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced that Miguel Maal has joined as a vice president at Marakon, its management consulting practice based in New York.

Mr. Maal has more than 20 years of experience as a strategy consultant. He specializes in the consumer goods, retail, and leisure spaces and designs corporate strategy and growth solutions for clients in North America and Western Europe.

Mr. Maal has advised on such matters as a turnaround strategy for an emerging premium food service provider present in the U.S., Europe and Asia; a return-to-growth plan for an ultra-luxury consumer electronics player seeing declining sales in high-end products; and designing a strategy for a premium whiskey brand related to growing pressure from premiumization of competing categories and strong performance of low-priced alternatives.

“We’re pleased to welcome Miguel,” said CRA’s President and Chief Executive Officer Paul Maleh. “His presence, particularly his expertise in turnaround solutions and growth strategies, will enhance how our Marakon practice serves client needs in this rapidly-changing market environment.”

“Miguel is a strong fit for our team,” said Marakon Co-Practice Leader Mason Kissell. “His expertise in proactive approaches to corporate strategy strongly complements the business development solutions that our team at Marakon provide to our clients around the world.”

Prior to joining CRA, Mr. Maal was a partner at QVARTZ and was previously a partner at OC&C Strategy Consultants. He holds a bachelor’s degree in chemical engineering from São Paulo State University at Campinas.

About Marakon

Marakon specializes in corporate strategy and helping CEOs and their leadership teams achieve winning performance and stronger organizations. Marakon has been working with business leaders for more than 30 years and has built a reputation for working with a client portfolio that has consistently outperformed its peers. Its consulting teams combine deep sector experience and functional knowledge. Marakon’s approach is underpinned by value creation as the common denominator for decision making, a rigorous process based on a deep set of facts, and the assessment of alternative strategies as a mechanism to build leadership team commitment to the best path forward.

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, Twitter, and Facebook.

SAFE HARBOR STATEMENT

Statements in this press release concerning the addition of Miguel Maal, the Marakon practice, future business Miguel Maal may generate for CRA and statements using the terms “enhance,” “expand” 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 performance or results to differ materially from any forward-looking statements made by CRA include, among others, the failure to generate engagements for us; dependence on the growth of our litigation or strategy consulting practice, the potential loss of clients; the demand environment; global economic conditions; foreign exchange rate fluctuations; and intense competition, as well as other 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.

FAQ

Who is Miguel Maal and what is his role at CRAI?

Miguel Maal has been appointed as vice president at CRAI's management consulting practice, Marakon, bringing over 20 years of strategy consulting experience.

What experience does Miguel Maal have in consulting?

Maal specializes in corporate strategy and growth solutions, particularly in consumer goods, retail, and leisure sectors.

How will Miguel Maal's expertise benefit CRAI?

His extensive experience in turnaround solutions and growth strategies is expected to enhance Marakon's service delivery in a changing market.

What is Marakon's focus area within CRAI?

Marakon specializes in corporate strategy, helping CEOs and leadership teams enhance performance and create winning organizations.

What are the potential implications of Maal's appointment for CRAI's consulting services?

Maal's appointment is aimed at improving the depth of consulting services offered by CRAI, particularly in turnaround and growth strategies.

CRA International, Inc.

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