EX-99.1 2 tm2610933d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Charles River Associates (CRA) Announces Appointment of Director Christine Detrick as Lead Independent Director, Effective July 16, 2026 Lead Independent Director William Concannon to Retire After 26 Years of Distinguished Service BOSTON--(BUSINESS WIRE) - April 2, 2026-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that current Director Christine Detrick will assume the role of independent Lead Director of the Board of Directors following the planned retirement of current independent Lead Director William Concannon. Mr. Concannon’s retirement will take effect at CRA’s 2026 Annual Meeting of Shareholders, which is scheduled for July 16, 2026. “We would like to thank Bill for his leadership, sound judgment, and steadfast commitment to CRA's success as Lead Director over the past six years, and as a member of the Board for the past 26 years,” said Paul Maleh, CRA’s Chairman of the Board, Chief Executive Officer and President. “Bill has provided a steady hand through the various stages of our growth and prosperity, and …
Open exhibit ↗Current Report · Items 5.02, 7.01, 9.01 · 8-K
CRA International, Inc.
CRAINASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 27, 2026, William Concannon informed the board of directors (the “Board”) of CRA International, Inc.…
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On March 27, 2026, William Concannon informed
the board of directors (the “Board”) of CRA International, Inc. (the “Company”) that he will be retiring
as a director of the Board effective as of the adjournment of the 2026 Annual Meeting of Shareholders (the “Annual Meeting”),
which is scheduled for July 16, 2026. Mr. Concannon’s notice of retirement was not due to any disagreement with the Company
relating to the Company’s operations, policies or practices. The Company thanks Mr. Concannon for his valuable contributions
over the past 26 years to the work of the Board.
Additionally, on April 1, 2026, the Board
appointed Christine Detrick to serve as independent Lead Director, effective as of July 16, 2026. The appointment of Ms. Detrick
as Lead Director is subject to her re-election to the Board at the Annual Meeting.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
A copy of the Company’s press release announcing
Mr. Concannon’s retirement and Ms. Detrick’s appointment is attached as Exhibit 99.1 to this Current Report
on Form 8-K.
The information contained in Item 7.01 of this
report and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any
filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in
such a filing.