Clarivate Appoints Former ProQuest CEO Matti Shem Tov as the Company's Next CEO

Leadership Transition - Clarivate Plc announced the appointment of Matti Shem Tov as the new CEO, effective August 9, 2024, succeeding Jonathan Gear, who will transition to a non-executive role until November 1, 2024 [1][2] - The Board and Jonathan Gear mutually agreed that new leadership is necessary for the next phase of Clarivate's value creation journey [2] Contributions and Achievements - Under Jonathan Gear's leadership, Clarivate restructured into three end-market segments, enhancing product innovation investments and customer commitment [2] - The restructuring has strengthened the company's balance sheet and positioned Clarivate to deliver tailored solutions globally [2] New CEO's Background - Matti Shem Tov has over 30 years of global leadership experience in software, data, and analytics, with a focus on driving innovation and growth [4] - He previously served as CEO of ProQuest and has held leadership roles in various companies, including Ex Libris and Surecomp [4] Future Outlook - Matti Shem Tov expressed his commitment to accelerating growth, increasing product innovation, and driving value creation for stakeholders [2][4] - The Board is confident that Shem Tov's expertise will help launch Clarivate into a new phase of accelerated organic growth [2]