BOSTON--(BUSINESS WIRE)--Apr. 3, 2014-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the promotion of two consultants to vice president—David Skanderson in the Financial Economics Practice and Andrew Tepperman in the Life Sciences Practice.
“It is a pleasure to congratulate David Skanderson and Andrew Tepperman on their promotions to vice president,” said CRA's President and Chief Executive Officer Paul Maleh. “In addition to being excellent economists, they are trusted advisors to their clients and highly respected colleagues. They embody the range of expertise and skills we seek in our future leaders, and we are proud to recognize them on this exciting point in their careers.”
Vice President David Skanderson has a 20-year track record of providing practical solutions to legal and financial institution clients on regulatory compliance, risk management, litigation, and public policy matters. He specializes in the quantitative analysis of regulatory and litigation issues faced by financial institutions. Dr. Skanderson advises both large and small institutions on their fair lending compliance programs, and he has testified on behalf of large financial institutions in a variety of matters involving residential mortgage lending. He regularly publishes on fair lending regulatory compliance, and his work has been featured in ABA Bank Compliance and Law360. He is a frequent panelist at industry conferences, speaking on a range of topics involving fair lending compliance, including underwriting and pricing practices, risk assessment, and issues in the marketing of mortgage and credit card lending.
Prior to joining CRA, Dr. Skanderson worked in the Corporate Compliance Department of Washington Mutual Bank where he led departments responsible for fair lending statistical analysis and modeling, Home Mortgage Disclosure Act (HMDA) compliance, and enterprise-wide compliance testing. Previously, he held senior manager positions at KPMG LLP and KPMG Consulting Inc., where he led statistically-focused projects on fair lending compliance and federal tax matters. He holds PhD and MA degrees in Economics from the University of Rochester, and a BA degree in Economics and Italian from California State University at Sacramento.
Vice President Andrew Tepperman testifies and consults on litigation matters involving life sciences, intellectual property, and antitrust economics. He has served as a testifying expert in life sciences matters on behalf of global pharmaceutical corporations. Dr. Tepperman frequently analyzes damages issues in the context of patent litigation and other commercial disputes, and has provided economic analyses of market definition, market power, and anticompetitive conduct. He has undertaken consulting engagements in a variety of industries with a focus on the life sciences sector, including pharmaceuticals, biologics, diagnostics, and medical devices. Dr. Tepperman has published articles in various journals and edited volumes, and has spoken at conferences and professional meetings, including the Canadian Bar Association’s Annual Competition Law Fall Conference.
Before joining CRA, Dr. Tepperman lectured at the University of Toronto, and undertook joint research funded by Industry Canada on the international determinants of patenting. He holds PhD, MA, and BA degrees in Economics from the University of Toronto.
About Charles River Associates (CRA)
Charles River Associates® is a global consulting firm specializing in litigation, regulatory, and financial consulting, and management consulting. 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 http://www.crai.com.
Statements in this press release concerning David Skanderson, Andrew Tepperman, any future business David Skanderson and Andrew Tepperman may generate for the Company, the future business, operating results, and financial condition of the Company and statements using the terms "anticipates," "believes," "expects," "should," "prospects," "target," 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 the Company include, among others, changes in the Company's effective tax rate, share dilution from the Company's stock-based compensation, dependence on key personnel, attracting, recruiting and retaining qualified consultants, dependence on outside experts, utilization rates, completing acquisitions and factors related to its completed acquisitions, including integration of personnel, clients and offices, and unanticipated expenses and liabilities, the risk of impairment write downs to the Company's intangible assets, including goodwill, if the Company's enterprise value declines below certain levels, risks associated with acquisitions it may make in the future, risks inherent in international operations, the performance of NeuCo, changes in accounting standards, rules and regulations, changes in the law that affect the Company's practice areas, management of new offices, the potential loss of clients, the ability of customers to terminate the Company's engagements on short notice, dependence on the growth of the Company's management consulting practice, the unpredictable nature of litigation-related projects, the ability of the Company to integrate successfully new consultants into its practice, general economic conditions, intense competition, risks inherent in litigation, and professional liability. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's periodic filings with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of its forward-looking statements after the date of this press release.
Source: Charles River Associates
Charles River Associates
Andrea Goodman, 617-425-3333
Director of Communications
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Sharon Merrill Associates, Inc.
Dennis Walsh, 617-542-5300
Vice President
