HDR Staff

The staff at Hubbard Decision Research, or HDR, has a unique and strong background in not only the Applied Information Economics method, but financial analysis, consultation, research, and more. The staff at HDR combine their experiences, education, and know-how to help your organization gain answers you never knew could be determined. Contact HDR today and let our staff help you drive results through our in-depth financial analysis and educational resources on Applied Information Economics.


Douglas W. Hubbard

Douglas Hubbard is the inventor of the Applied Information Economics (AIE) method and founder of Hubbard Decision Research (HDR). He is the author of How to Measure Anything: Finding the Value of Intangibles in BusinessThe Failure of Risk Management: Why It’s Broken and How to Fix It, Pulse: The New Science of Harnessing Internet Buzz to Track Threats and Opportunities and his latest book, How to Measure Anything in Cybersecurity Risk (Wiley, 2016). He has sold over 100,000 copies of his books in eight different languages.  Two of his books are required reading for the Society of Actuaries exam prep.  In addition to his books, Mr. Hubbard has been published in several periodicals including Nature, The IBM Journal of Research and Development, OR/MS Today, Analytics, CIO, Information Week, and Architecture Boston.

Mr. Hubbard’s career has focused on the application of AIE to solve current business issues facing today’s corporations. Mr. Hubbard has completed over 100 risk/return analyses of large, critical projects, investments and other management decisions in the last 20 years. AIE is the practical application of several fields of quantitative analysis including Bayesian analysis, Monte Carlo simulations, and many others. Mr. Hubbard’s consulting experience totals over 29 years and spans many industries including insurance, financial services, pharmaceutical, healthcare, utilities, energy, federal and state government, entertainment media, military logistics, and manufacturing. His AIE methodology, has received critical praise from The Gartner Group, The Giga Information Group, and Forrester Research. He is a popular speaker at valuation, risk, metrics and decision analysis conferences all over the world.

Eugene Catrambone

Eugene Catrambone

Director, Hubbard Decision Research

Eugene Catrambone is a seasoned management consultant with twenty-years’ experience using quantitative methods to solve difficult business problems. His success in driven by a combination of interpersonal, technical, and problem solving skills. Eugene began his career at a boutique consulting firm in the Chicago market where he managed large infrastructure and software initiatives. He later played a role in the Management Advisory Service practice where he served a variety of mid-market clients. At twenty-four, Eugene and four partners incorporated Oronova, a start-up management and technology consulting services firm in Chicago. Over the next decade he grew the firm from a modest start-up to a diverse organization of over twenty professionals severing a variety of industries and markets.

Eugene left Oronova in 2006 to join an international research firm that specializes in providing clients with timely and actionable business direction at the strategic level. Later, Eugene accepted a position at Merrill Lynch Capital (MLC) where served on an internal consulting team building models and training material for lending and corporate finance teams.

In 2008, MLC was acquired and Eugene decided to peruse a lifelong passion in the Outdoor Industry. He accepted a role on the B2B team at Cabela’s in their corporate headquarters in Sidney, NE.  Eugene held several roles at Cabela’s and ultimately managed the development of a new, Strategic Portfolio Management, practice in the organization. Eugene led this practice until he left Cabela’s in 2014.

Eugene joined Hubbard Decision Research in 2015 where he now serves as Director of Business Development.

Eugene holds a B.B.A. in Finance from Loyola University and a M.B.A. in Finance from The University of Chicago Booth School of Business. While attending Booth, Eugene studied Finance and Economics at Stockholm Schools of Economics.

Matt Millar

Matthew Millar

Director of Consulting Operations

Matthew Millar is the Director of Consulting Operations at Hubbard Decision Research. Mr. Millar has used Applied Information Economics and his background in quantitative finance to assist clients across a diverse array of industries – including finance, oil & gas, commercial real estate, internet security, and pharmaceuticals; as well as in more boutique applications, such as agricultural research in the developing world and measuring the benefit of standards to the insurance industry. At HDR, he is also responsible for leading day to day operations, training, and leading client educational workshops and webinars.

Prior to joining HDR, Mr. Millar was a portfolio manager for the hedge fund Armored Wolf, managing a percentage of the funds and working directly with the CIO. Contributing both through direct returns and also through his improvements in the risk analytics system, Mr. Millar helped to build assets and analytic metrics for the hedge fund and associated mutual fund products. Mr. Millar’s work at the hedge fund was quantitatively driven, from algorithmic trading systems to building a model to track volatility and correlations among managers in the firm. Mr. Millar was commonly cited in commodity related articles for Reuters, and was a popular commentator for financialsense.com

Prior to his work in the financial field, Mr. Millar was a musician, playing cello for the Seattle Symphony and Seattle Opera. He has a Master of Science degree in Economics from the University of Oregon, where he specialized in monetary policy, econometrics, and the role of crude oil in the US economy.