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Richard Westrick

Richard Westrick

Richard Westrick

Chief Operations Officer

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Bachelor's degree in Economics

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Chief Operations Officer Richard Westrick has been serving ITR Economics since 2014. He arrived with years of experience in creating a culture focused on improving employees' skills, leading to overall business growth. With his expertise in fostering a collaborative environment, strategically managing finances, and tactically building operational efficiency, Rich has certainly been an asset.

He has been an integral member of the Leadership Team since the beginning of his tenure with ITR Economics. During his seven-plus years of service, Rich has helped restructure each department of the company, forming a solid foundation from which to grow.

Rich has fostered strong financial relationships, strong employee relationships, and strong business relationships that together have yielded continued growth for ITR Economics. Specifically, his tactical and strategic capabilities were vital to the business’ success during the first 12 months of the COVID-19 pandemic.

He has been an instrumental leader in scaling ITR Economics for continued growth. He has helped shape the services offered, kept focus on ITR Economics’ core competencies, and helped other leaders within the company understand the technological requirements for remaining competitive in today’s era.

Rich’s management style is to lead by example. He leads with optimism and truly supports every team member within the company. He can often be found giving personalized advice to one of any number of employees across the entire business. His leadership has helped create a transparent, accountable culture at ITR Economics that will support the company's continued growth far into the future.

“I have very much enjoyed working for Rich these past seven years. Under his tutelage, I have learned many important lessons, but one that seems to stand out the most to me is learning the art of being flexible. I love strategy. Games such as Stratego, chess, and Risk have always been favorites, but I never truly understood the concept of 'every plan is born to die' until I began my journey with Rich. He taught me that while having a very solid strategy is important, adapting that plan to changing circumstances is just as important. I look forward to continuing to grow both professionally and personally under his leadership.” - Kimberly Clark, Vice President of Sales and Marketing


Since 1948, we have provided business leaders with economic information, insight, analysis, and strategy. ITR Economics is the oldest privately held, continuously operating economic research and consulting firm in the US. With a knowledge base that spans six decades, we have an uncommon understanding of long-term economic trends as well as best practices ahead of changing market conditions. Our reputation is built on accurate, independent, and objective analysis.