David Loeser Named Senior Vice President of Abt Associates

CAMBRIDGE, Mass., July 27 /PRNewswire/ -- Abt Associates has promoted Chief Financial Officer (CFO) David Loeser to Senior Vice President. Loeser joined Abt Associates in 1996 as Vice President and CFO. As CFO he has responsibility for the firm's financial management, leading the company's finance and accounting, treasury, compliance and internal audit, pension and financial planning activities.

Wendell Knox, Abt Associates CEO, said, "David has made a significant impact on the financial health of Abt Associates since joining the company as CFO. He has strengthened all aspects of our financial operations and has put us in a position to grow our company in the year's ahead. He is a key member of our management team and we highly value his contribution to Abt Associates."

Prior to joining Abt Associates Loeser was with Charles River Associates, an economics and business consulting firm, where he served for four years as the Vice President of Finance and Administration and Treasurer. He also held positions with Harbridge House (an executive development, training, and consulting firm) for more than nine years as the Controller and Finance Director and with Coopers & Lybrand as a Certified Public Accountant and supervisor on the audit staff.

Loeser has a B.A. from the University of Rochester in economics and a M.B.A. from the University of Southern California. He has served on the adjunct faculty at the Babson College Graduate School of Business, where he taught Financial Management. He has also been a member of the Board of Directors of Employee Owned S Corporations of America (ESCA).

Abt Associates, a private, employee-owned company, applies scientific research and technical assistance expertise to a wide range of social, economic, and technological policy issues; international development; clinical trials and registries; and complex business problems. Founded in 1965, Abt Associates provides services to U.S. federal, state, and local governments; foreign governments; international organizations; foundations; and business and industry. Its staff of over 1,000 is located in offices in Cambridge, Massachusetts; Bethesda, Maryland; Chicago, Illinois; and overseas in Africa, Asia, Europe, Latin America, and the Middle East.