CRA International Schedules 2024 Annual Meeting of Shareholders for July 18
Ticker: CRAI · Form: DEF 14A · Filed: Apr 26, 2024 · CIK: 1053706
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Shareholder Vote, Executive Compensation, Auditor Ratification
TL;DR
<b>CRA International will hold its annual shareholder meeting on July 18, 2024, to elect directors, vote on executive compensation, and ratify auditor appointments.</b>
AI Summary
CRA INTERNATIONAL, INC. (CRAI) filed a Proxy Statement (DEF 14A) with the SEC on April 26, 2024. Annual meeting of shareholders to be held on July 18, 2024, at 8:00 a.m. EST. Key agenda items include election of three Class II directors and an advisory vote on executive compensation. Shareholders will vote to ratify the appointment of Grant Thornton LLP as independent registered public accountants for fiscal year ending December 28, 2024. Record date for shareholder eligibility to vote is May 24, 2024. Proxy materials will be available by May 31, 2024, at www.envisionreports.com/crai.
Why It Matters
For investors and stakeholders tracking CRA INTERNATIONAL, INC., this filing contains several important signals. Shareholders have the opportunity to influence board composition and executive pay through their votes. The ratification of Grant Thornton LLP as auditors is a standard but crucial step in corporate governance and financial oversight.
Risk Assessment
Risk Level: low — CRA INTERNATIONAL, INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.
Analyst Insight
Shareholders should review the proxy materials to make informed voting decisions on director elections and executive compensation.
Key Numbers
- July 18, 2024 — Annual Meeting Date (Date of the annual meeting of shareholders.)
- May 24, 2024 — Record Date (Close of business date to determine shareholders entitled to vote.)
- May 31, 2024 — Proxy Materials Availability (Date by which proxy materials will be available online.)
- December 28, 2024 — Fiscal Year End (The company's fiscal year ending date.)
Key Players & Entities
- CRA INTERNATIONAL, INC. (company) — Registrant
- Grant Thornton LLP (company) — Independent registered public accountants
- Jonathan Yellin (person) — Secretary
- July 18, 2024 (date) — Annual meeting date
- May 24, 2024 (date) — Record date for shareholders
- May 31, 2024 (date) — Proxy materials availability date
- December 28, 2024 (date) — Fiscal year end
- 200 Clarendon Street, Boston, MA 02116 (address) — Company address
FAQ
When did CRA INTERNATIONAL, INC. file this DEF 14A?
CRA INTERNATIONAL, INC. filed this Proxy Statement (DEF 14A) with the SEC on April 26, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by CRA INTERNATIONAL, INC. (CRAI).
Where can I read the original DEF 14A filing from CRA INTERNATIONAL, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CRA INTERNATIONAL, INC..
What are the key takeaways from CRA INTERNATIONAL, INC.'s DEF 14A?
CRA INTERNATIONAL, INC. filed this DEF 14A on April 26, 2024. Key takeaways: Annual meeting of shareholders to be held on July 18, 2024, at 8:00 a.m. EST.. Key agenda items include election of three Class II directors and an advisory vote on executive compensation.. Shareholders will vote to ratify the appointment of Grant Thornton LLP as independent registered public accountants for fiscal year ending December 28, 2024..
Is CRA INTERNATIONAL, INC. a risky investment based on this filing?
Based on this DEF 14A, CRA INTERNATIONAL, INC. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.
What should investors do after reading CRA INTERNATIONAL, INC.'s DEF 14A?
Shareholders should review the proxy materials to make informed voting decisions on director elections and executive compensation. The overall sentiment from this filing is neutral.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC rules and regulations regarding proxy solicitations and annual meetings.
- Conduct of Annual Meeting [low — operational]: The annual meeting must be conducted in accordance with the company's bylaws and applicable laws.
Key Dates
- 2024-07-18: Annual Meeting of Shareholders — Shareholders will vote on key corporate matters including director elections and executive compensation.
- 2024-05-24: Record Date — Determines which shareholders are eligible to vote at the annual meeting.
- 2024-05-31: Proxy Materials Availability — Proxy statement and annual report will be accessible online for shareholder review.
Glossary
- DEF 14A
- Definitive Proxy Statement (This filing is the official proxy statement that provides shareholders with information to vote on company matters.)
Filing Stats: 4,607 words · 18 min read · ~15 pages · Grade level 11.1 · Accepted 2024-04-26 16:12:03
Filing Documents
- tm242712-d2_def14a.htm (DEF 14A) — 1267KB
- lg_charlesriver-bw.jpg (GRAPHIC) — 15KB
- sg_jonathanyellin-bw.jpg (GRAPHIC) — 3KB
- bc_capvstsr-4c.jpg (GRAPHIC) — 59KB
- bc_netincome-4c.jpg (GRAPHIC) — 62KB
- bc_noncaapnet-4c.jpg (GRAPHIC) — 61KB
- lc_tsrvspeertsr-4c.jpg (GRAPHIC) — 46KB
- px_24craproxy01pg01-4c.jpg (GRAPHIC) — 381KB
- px_24craproxy01pg02-4c.jpg (GRAPHIC) — 319KB
- 0001104659-24-052934.txt ( ) — 4398KB
- crai-20231230.xsd (EX-101.SCH) — 8KB
- crai-20231230_def.xml (EX-101.DEF) — 7KB
- crai-20231230_lab.xml (EX-101.LAB) — 24KB
- crai-20231230_pre.xml (EX-101.PRE) — 6KB
- tm242712-d2_def14a_htm.xml (XML) — 198KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 14 COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS 16 Director compensation 16 Director stock ownership guidelines 17 Compensation committee interlocks and insider participation 17 Compensation discussion and analysis 18 Compensation policies and practices as they relate to risk management 33
Executive compensation
Executive compensation 34 CEO Pay Ratio 51 Pay Versus Performance Table 52 PROPOSAL TWO: ADVISORY VOTE ON EXECUTIVE COMPENSATION 56 EQUITY COMPENSATION PLANS 57 REPORT OF THE AUDIT COMMITTEE 58 PROPOSAL THREE: RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS 59 Overview 59 PRINCIPAL ACCOUNTANT FEES AND SERVICES 60 Fees and Services 60 Pre-approval policies and procedures 60 SHAREHOLDER PROPOSALS 61 AVAILABLE INFORMATION 61 TABLE OF CONTENTS ANNUAL MEETING OF SHAREHOLDERS Purpose of the annual meeting At the annual meeting, we will submit the following proposals to our shareholders: Proposal One: To elect three Class II directors to a three-year term; Proposal Two: To approve, on an advisory basis, the compensation paid to our named executive officers, as disclosed in this proxy statement pursuant to Item 402 of Regulation S-K (including in the compensation discussion and analysis, compensation tables and accompanying narrative disclosures); Proposal Three: To ratify the appointment by our audit committee of Grant Thornton LLP as our independent registered public accountants for our fiscal year ending December 28, 2024. Our board of directors does not intend to present to the annual meeting any business other than the proposals described in this proxy statement. Our board of directors was not aware, a reasonable time before making this proxy statement available to our shareholders, of any other business that properly may be presented for action at the annual meeting. If any other business should come before the annual meeting, the persons present will have discretionary authority to vote the shares they own or represent by proxy in accordance with their judgment, to the extent authorized by applicable regulations. Record date Our board of directors has fixed the close of business on Friday, May 24, 2024, as the record date for the annual meeting. Only shareholders of record