Charles River Associates (CRA) Strengthens Energy Practice
February 23 2021 - 8:30AM
Business Wire
Charles River Associates (NASDAQ: CRAI), a worldwide leader in
providing economic, financial, and management consulting services,
today announced David Walls has joined as a Vice President in its
Energy Practice. Mr. Walls will be based in CRA’s Boston
office.
Mr. Walls has more than 40 years of experience advising clients
on energy industry transformation, business growth strategies,
emerging technologies and business strategy. He specializes in
clean energy, renewables, decarbonization and grid modernization.
Mr. Walls works with utilities, equipment manufacturers, investors,
and government institutions to assess and position for power
industry policy and regulatory trends, new technologies, and market
opportunities.
Mr. Walls has assisted companies in developing smart grid
business case studies and investment plans, independent power
subsidiaries, and energy service and distributed generation
businesses. He also advises energy clients on strategic
partnerships, raising capital, and due diligence supporting M&A
transactions. Mr. Walls has also worked closely with government
organizations, such as the U.S. Department of Energy, New York
State Energy Research and Development Authority, and the California
Energy Commission to develop and implement advanced energy
technology programs related to smart grid, distributed generation,
storage, electric vehicles, and advanced energy systems.
“David is a great addition to our team,” said CRA’s Energy
Practice Leader Chris Russo. “His knowledge of transformation and
development in the energy space will provide additional breadth to
how we help our clients grow and move forward.”
“We’re pleased to welcome David and further add to our strong
Energy expertise in the U.S.,” said CRA’s Chairman, President and
Chief Executive Officer Paul Maleh.
Prior to joining CRA, Mr. Walls was a Managing Director with the
Energy Practice at Navigant Consulting, Inc. (now Guidehouse),
where he was a member of the Practice Leadership team. He was also
a senior member of the Emerging Energy Technology Practice at
Arthur D. Little.
Mr. Walls holds a master’s degree in Mechanical Engineering from
the Massachusetts Institute of Technology.
About CRA’s Energy Practice CRA’s Energy Practice blends
decades of industry knowledge with world-class economic and
analytical expertise. Investors, executives, and litigators from
across the energy sector have turned to CRA for expert advice in
hundreds of successful engagements. CRA’s expertise is grounded in
a comprehensive understanding of the energy sector, including
electricity and gas markets, litigation and regulatory support,
market analytics and strategy, energy asset and enterprise
valuation, and energy trading and risk management.
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
David Walls, CRA’s Energy Practice, future business David Walls may
generate for CRA and statements using the terms “strengthen,”
“grow” 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, including in energy
services; 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.
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Media Relations CRA International media@crai.com
617-425-6453
Nicholas Manganaro Sharon Merrill Associates, Inc.
crai@investorrelations.com 617-542-5300
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