Chad Holmes new CFO of Charles River Associates

31 October 2014 2 min. read
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Global consulting firm Charles River Associates has earlier this month appointed Chad Holmes as its new Chief Financial Officer and Treasurer. Holmes, who has been at the firm for a decade now, succeeds Wayne Mackie, who has decided to step down in order to free his agenda for other career opportunities.

Wayne Mackie joined Charles River Associates, a consulting firm that was founded in 1965 and specialises in litigation, regulatory, financial consulting and management consulting, in 2005. During the past nine years he has been “an invaluable leader” of CRA’s management team, according to the firm’s CEO Paul Maleh, yet going forward he has expressed his ambition to spend more time on boards of other companies. He therefore earlier this year informed the MT of CRA that he would step down from his CFO position.

Chad Holmes - Wayne Mackie - Paul Maleh

Following an evaluation of potential candidates, Charles River Associates has appointed Chad Holmes as Mackie’s successor. Holmes joined the firm in 2004 as part of the acquisition of IP-consultancy InteCap*. Since joining CRA, he has played an integral role in various corporate development activities and has been a member of CRA’s senior management team since 2009. He specialises in intellectual property and business valuation. “Chad is a pragmatic leader with great insight about our business and industry,” says Maleh. “His promotion is well-earned and well-deserved. I look forward to continuing to work with Chad in advancing CRA’s mission of being the firm of choice for our clients’ most important litigation, regulatory, and strategic challenges and for our people who seek a fulfilling and exciting professional home.”

In the coming months Mackie and Holmes will work together to handover tasks and responsibilities, in addition Mackie will continue his employment with CRA in fiscal 2015 in a part-time advisory role.

* In March 2004 Charles River Associates acquired InteCap, a US-based intellectual property consulting firm, for $81.7 million. Roughly 180 InteCap employees transferred to CRA.