Business Wire | Aug 4, 2020 08:30AM EDT

Charles River Associates (CRA) Energy Practice Expands Geographic Presence

Aug. 04, 2020

BOSTON--(BUSINESS WIRE)--Aug. 04, 2020--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced Tilmann Hensel-Roth has joined as a Vice President in its Energy Practice. Mr. Hensel-Roth will be based in CRA's London office.

Mr. Hensel-Roth has extensive experience across the entire energy value chain, specifically utilities, renewables, e-mobility, infrastructure and grids, oil and gas, as well as petro-chemicals. He also is experienced in areas such as corporate strategy, pricing strategy, large-scale transformation and restructuring, mergers and acquisitions, value optimization, cost reduction and E2E process redesign, and operational excellence. His engagements include work in the U.K. and internationally across western and central Europe.

"We are excited that Tilmann has joined our team," said CRA's Energy Practice Leader Chris Russo. "Tilmann's vast background will provide additional breadth to how we assist our clients throughout their various needs in the energy space."

"We're pleased to welcome Tilmann," said CRA's Chairman, President and Chief Executive Officer Paul Maleh. "He will greatly enhance our Energy Practice's presence in London."

Prior to joining CRA, Mr. Hensel-Roth was a Partner and Managing Director UK at Innogy Consulting, where he repositioned and grew its business from in-house consulting into a multi-million revenue energy and infrastructure boutique.

Mr. Hensel-Roth holds a bachelor's degree in Political and Social Science from the University of Dsseldorf and a master's degree in International Employment Relations from the London School of Economics.

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(r) 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 Tilmann Hensel-Roth, CRA's Energy Practice, future business Tilmann Hensel-Roth may generate for CRA and statements using the terms "enhance" 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200804005569/en/

CONTACT: Media Relations CRA International media@crai.com 617-425-6453 Nicholas Manganaro Sharon Merrill Associates, Inc. crai@investorrelations.com 617-542-5300