BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the celebration of James Burrows’ 50 years of service to the firm.
Dr. Burrows began working at CRA on June 23, 1967, while he was still a Ph.D. student at the Massachusetts Institute of Technology. He went on to hold several leadership roles and was instrumental in growing the firm during his tenure as chief executive officer, from 1995 to 2009, whereupon he then became Vice Chairman.
In the 1980s, Dr. Burrows formulated and led the growth plan that expanded CRA into Washington, D.C. and then globally. “Jim Burrows is why I joined CRA and I have never left,” said Professor Steven Salop, who was brought on in 1987 to help build the firm’s litigation and regulatory consulting practice. “And Jim Burrows is why CRA has succeeded.”
Early in his career, Dr. Burrows founded and led CRA’s Metals and Minerals Practice. Several high-profile projects in the 1970s cemented the firm’s credentials as a pioneer in applying university-level quantitative tools and microeconomic analysis to practical problems. Landmark cases, including the U.S. vs. IBM antitrust case and litigation over the valuation of Penn Central Railroad properties transferred to Conrail, formed the foundation of the firm’s litigation and regulatory consulting practice — a group that Burrows would lead for 10 years.
“As head of the antitrust and competition economics practice and then as CEO, Jim both modeled and nurtured the spirit of rigor, collegiality, ethics and goodwill that has made CRA the gold standard for staff and the most reputable consulting firm for clients,” Salop added. “We are immeasurably grateful for all that he has accomplished for CRA.”
Under the leadership of Dr. Burrows, the business grew nearly twentyfold, from three offices to more than 20 offices today. In 1998, while Dr. Burrows was CEO, Charles River Associates became a public company.
“Jim’s career and leadership embody the values of CRA – a culture of smart people led by individuals who enable the best ideas to flourish. He is a mentor, and his example as a CEO has been invaluable,” said CRA’s President and Chief Executive Officer Paul Maleh.
“Jim’s personal integrity and dedication to his work and colleagues inspire trust and confidence throughout the CRA organization. It has been my honor to work closely with Jim during the past 31 years,” said Rowland T. Moriarty, Chairman of the Board.
“Throughout his career, Jim has set the standard for delivering high-quality consulting advice to clients across the globe,” Maleh added. “Jim serves as an expert witness in cases involving diverse issues and industries. Our clients continue to benefit from Jim’s unwavering intellectual curiosity. CRA is extremely fortunate to have had such a role model for the past 50 years.”
About Charles River Associates (CRA)
Charles River Associates® is a 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.