CRA International Elects New Directors, Adjusts Executive Pay
Ticker: CRAI · Form: 8-K · Filed: Mar 13, 2025 · CIK: 1053706
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: CRAI
TL;DR
CRAI adds 2 directors, revises exec pay packages.
AI Summary
On March 11, 2025, CRA International, Inc. announced changes to its board of directors and executive compensation. Specifically, the company elected two new directors, Ms. Susan L. Reis and Mr. David J. Ryan, to its Board, effective immediately. Additionally, the company entered into new employment agreements with its named executive officers, including its CEO, President, and CFO, detailing their compensation packages.
Why It Matters
The election of new directors and adjustments to executive compensation can signal strategic shifts or governance changes within the company, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and executive compensation changes, with no immediate financial distress or significant operational disruptions indicated.
Key Players & Entities
- CRA International, Inc. (company) — Registrant
- Susan L. Reis (person) — Newly Elected Director
- David J. Ryan (person) — Newly Elected Director
- March 11, 2025 (date) — Date of earliest event reported
FAQ
Who are the newly elected directors to CRA International's Board?
The newly elected directors are Ms. Susan L. Reis and Mr. David J. Ryan.
When were the new directors elected?
The new directors were elected effective March 11, 2025.
What other significant event was reported on March 11, 2025?
The company also entered into new employment agreements with its named executive officers.
What is the principal business address of CRA International?
The principal business address is 200 Clarendon Street, Boston, Massachusetts 02116-5092.
What is the state of incorporation for CRA International?
CRA International is incorporated in Massachusetts.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 13, 2025 by Susan L. Reis regarding CRA INTERNATIONAL, INC. (CRAI).