CAMBRIDGE, Mass., Jan. 29, 2016 /PRNewswire/ -- Global economic consulting firm The Brattle Group announced today that Principal Michael Cragg has been elected Chairman of the firm's Board of Directors. Dr. Cragg succeeds Principal Paul Carpenter, who will remain a Director.
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Dr. Cragg, who is based in the firm's Cambridge, MA office, joined The Brattle Group in 2008. He previously served as a member of the Board of Directors and as the firm's Chief Operating Officer.
"During his time at Brattle, Mike has shown a deep commitment to the growth and success of the firm," noted Dr. Carpenter. "He is a highly motivated and collaborative leader, who has led some of the firm's most important litigation engagements and has strongly influenced Brattle's culture of excellence and its long-term strategic vision."
Dr. Cragg has extensive consulting, research, and expert witness experience in finance, competition, tax, and valuation. His focus is on leading teams in complex high-stakes litigation. For instance, Dr. Cragg's recent testimony opposing Mssrs. Geithner, Bernanke, and Paulson played a key role in the Court's finding that the government mistreated AIG during the Financial Crisis. Other high profile finance or tax matters include the failures of Long Term Capital Management, Ambac, and the Chicago Tribune, and important competition matters include the California Energy Crisis, Microsoft, Sabre, and various alleged market manipulation. Dr. Cragg was previously a professor at Columbia and UCLA and he still maintains an academic presence through frequent lecturing and as an editor of The Economists' Voice with Nobel Prize winner Joseph Stiglitz.
"I am honored to help lead Brattle and continue the work of Paul Carpenter," Dr. Cragg said. "Paul has been instrumental in expanding our practices internationally and will play a key role as our international expansion continues. Under Paul's leadership, Brattle has grown to over 300 employees in nine offices spread over three continents, and we remain focused on maintaining a stimulating environment that attracts and develops the best talent in economic consulting and motivates exceptional client service."
The Brattle Group analyzes complex economic, finance, and regulatory questions for corporations, law firms, and governments around the world. We are distinguished by the clarity of our insights and the credibility of our experts, which include leading international academics and industry specialists. For more information, please visit www.brattle.com.
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SOURCE The Brattle Group
