Charles River Associates Hires Energy Strategist/IO Specialist as a Vice President of CRA Canada Ltd.
Tim Partridge Has Global Experience in Energy Planning
BOSTON, November 9, 2000 Charles River Associates Incorporated (NASDAQ: CRAI), an internationally known leader in providing economic, financial, and management consulting services, announced today that Timothy Partridge has joined CRA Canada in Toronto as a vice president.
Mr. Partridge is a specialist in business strategy, industry policy change/restructuring, and business valuation, and will focus on the petroleum sector, where his analysis and strategy expertise has helped shape the corporate outlook of numerous energy firms, particularly oil companies, in Canada, the United States, and Latin America.
"CRA will benefit greatly from the addition of Tim Partridge to our senior staff," said James Burrows, CRA President and CEO. "He brings to CRA more than 30 years of experience assisting energy companies improve their approach to help maximize operational performance. We expect Tim, as our newest vice president in Toronto, to help drive our expansion in that marketplace."
Prior to joining CRA, Mr. Partridge headed Partridge Consulting Inc., a firm that helped energy industry clients in Canada and in other countries develop strategies and improve performance. Prior to forming his own firm, Mr. Partridge was a vice president of Arthur D. Little of Canada, Ltd., and an associate director in the companys Global Energy Practice.
Founded in 1965, CRA is a leading provider of sophisticated economic and financial consulting services, expert testimony and litigation support, and business consulting. The firms areas of expertise include auctions, antitrust, mergers and acquisitions, policy impact assessments, corporate finance, strategy and business operations, and regulatory economics. CRA has advised legal and corporate clients, government agencies, and other organizations in thousands of engagements. In addition to its corporate headquarters in Boston and international offices in London, Mexico City, and Toronto, CRA also has U.S. offices in Washington, DC, Los Angeles, Palo Alto, Berkeley/Oakland, and Salt Lake City. More information about the Company can be found on its Web site at www.crai.com.
Statements in this press release concerning CRAs ability to expand its Canadian operation and to help energy companies improve their approach to maximize operational performance are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on managements 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. Such factors that could cause actual results to differ materially from any forward-looking statements made by the Company include, among others, the ability of the Company to successfully integrate Mr. Partridge into its practice, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, intense competition, and professional liability.
Further information on factors that could affect the Companys financial results is included in the Companys filings with the Securities and Exchange Commission.