Charles River Associates announced a number of changes for the Company?s Board of Directors, including the appointment of Karen C. Keenan as an independent Director and member of the Board?s Audit Committee, effective January 8, 2024. Keenan previously worked at State Street Corporation for 13 years, rising through the bank?s Global Markets Division, which provides investment research and trading services to institutional investors. From 2016 until her retirement in 2020, she served as State Street?s chief administrative officer.

Before joining State Street, she served as chief financial officer for Investor Financial Services Corporation for six years. Keenan is a CPA and since 2020 has served as an independent director on the board of CLS Group Holdings AG, which provides foreign exchange settlement services to member banks. Keenan has a B.S. in accountancy from Bentley University and an M.B.A. in finance from Babson College.

CRA?s announced changes include three new committee chair assignments. Effective March 1, 2024, Christine Detrick will chair the Nominating and Corporate Governance Committee, replacing CRA?s Lead Director, William Concannon, who has served as chair since 2009. Mr. Concannon will continue to serve as Lead Director and as a member of the Nominating and Corporate Governance Committee.

Also effective March 1, Richard Booth will chair the Audit Committee, replacing Robert Holthausen, who has served as chair since 2015. Mr. Holthausen will continue to serve as a member of the committee. Additionally, Ms. Detrick will replace Mr. Holthausen as a member of the Executive Committee.

Lastly, effective July 18, 2024, Heather Tookes will chair the Compensation Committee, replacing Thomas Avery, who has served as chair since 2017. Mr. Avery will continue to serve as a member of the committee.