Nov. 3, 2009 (Business Wire) -- Charles River Associates (Nasdaq: CRAI), a worldwide leader in providing management, economic, and financial consulting services, today announced the promotions of Monica Noether to Chief Operating Officer and Chad Holmes to Global Leader of Corporate Development, as well as the hiring of Elizabeth Ramos as Global Leader of Human Capital. Dr. Noether will succeed current COO Paul Maleh, who was recently named President and CEO, effective at the start of fiscal 2010 in late November.
“As I transition to my role as CRA’s President and CEO, it is a pleasure to announce the newest appointments to our leadership team,” said Mr. Maleh. “We would like to congratulate Monica Noether on her promotion to Chief Operating Officer and Chad Holmes on his promotion to Global Leader of Corporate Development, and we would like to welcome Elizabeth Ramos as our new Global Leader of Human Capital. Monica and Chad have played influential roles at CRA and have been key contributors to our success as a leading consulting firm. Monica has been instrumental as a leader across our consulting and administrative organizations. Her talents, skills, and understanding of our company, clients, employees, and industry make her an ideal choice to succeed me as COO. Chad’s promotion also is a natural progression as he has steadily taken on more responsibilities and demonstrated strong leadership in our global corporate development area. Liz Ramos is a well-established executive-level HR practitioner and joins CRA with an impressive background in both human capital and consulting earned at Fidelity Private Equity and Bain & Company. We’re pleased to welcome her to CRA.”
Mr. Maleh concluded, “As we enter the next phase of CRA’s development, we look forward to the collective contributions of these three individuals in maintaining our consulting excellence, advancing our competitive position, and providing a stimulating environment for our employees to work and thrive.”
Since joining CRA in 1996, Monica Noether, 56, has led the firm’s Competition Practice, and later headed all of the firm’s litigation and applied economic service offerings as well as serving as an expert in health antitrust economics. Most recently, she has served as Executive Vice President responsible for marketing and business development, and the integration and growth of the firm’s start-up practices, including Labor & Employment, Financial Economics, Aerospace & Defense, and Auctions & Competitive Bidding. As COO, Dr. Noether will work closely with Mr. Maleh in overseeing the Company’s global consulting operations and administrative functions.
Chad Holmes, 36, has been involved with CRA’s corporate development activities since joining CRA in 2004. As Global Leader of Corporate Development, Mr.
