Clarivate Appoints Former ProQuest CEO Matti Shem Tov because the Corporate’s Then CEO
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Clarivate Appoints Former ProQuest CEO Matti Shem Tov because the Corporate’s Then CEO


Well-known Government Jonathan Equipment to Step I’m sick as CEO and Member of the Board

LONDON, Aug. 6, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a important international supplier of transformative wisdom, nowadays introduced that the Board has appointed Matti Shem Tov, former CEO of ProQuest, because the Corporate’s then CEO, efficient August 9, 2024. Mr. Shem Tov will even fasten the Corporate’s Board of Administrators. Jonathan Equipment, Well-known Government Officer, will step ill as CEO and as a member of the Board at that while, and can transition right into a non-executive function till November 1, 2024.

“The Board and Jonathan have mutually agreed that now is the right time for new leadership who can help take Clarivate to the next phase of its value creation journey,” mentioned Andy Snyder, Chairman of the Clarivate Board. “I want to thank Jonathan for his many contributions to the Company. Under his leadership, Clarivate restructured into three end-market segments, which reinvigorated Clarivate’s product innovation investments and commitment to its customers, added terrific talent to the leadership bench, and helped strengthen the Company’s balance sheet. As a result, Clarivate is now well positioned to utilize the distinct expertise within each of our business segments to deliver exceptional and tailored solutions to our customers globally. With this foundation and the investments we are making in product innovation, we are confident in our ability to drive organic growth.”

Mr. Snyder persevered, “I am also pleased to welcome Matti back to Clarivate, where he will leverage his deep expertise in innovating and delivering new products to market to help launch Clarivate in its new phase of accelerated organic growth. Given Matti’s decades of leadership experience, the Board and I are confident that he is well suited to partner with our exceptional management team to lead Clarivate.”

“I am pleased to join Clarivate as its next CEO,” mentioned Mr. Shem Tov. “I have a tremendous amount of respect for Clarivate’s businesses and its mission of advancing innovation through research and knowledge sharing to solve the world’s most complex challenges. I am looking forward to working closely with our committed global colleagues and loyal customers to accelerate growth, increase product innovation and drive value creation for all our stakeholders.”

“It has been a privilege to lead this dedicated and passionate team, and I am proud of what we have achieved together,” Mr. Equipment mentioned. “The Company has made strong progress managing and integrating its portfolio of businesses while supporting the needs of customers and partners. After thorough discussions with the Board, it’s clear that this is the right time to make this transition. I am confident that Clarivate has a strong future ahead and I look forward to supporting the Company in my upcoming non-executive role.”

Mr. Shem Tov’s appointment follows a procedure led by way of the Board of Administrators and supported by way of Heidrick & Struggles, a important international govt seek company.

One at a time, Clarivate nowadays reported effects for the second one quarter ended June 30, 2024. Clarivate will host a convention name and webcast nowadays at 9:00 a.m. Jap Month to study the effects for the second one quarter and speak about the introduced management adjustments.

About Matti Shem Tov

Matti Shem Tov has over 30 years of world management enjoy with deep experience in tool, knowledge, and analytics, in addition to in riding innovation and enlargement. From June 2022 till March 2024, Mr. Shem Tov served as an working spouse at Lone View Capital, a personal fairness company. Previous to that, Mr. Shem Tov served as Well-known Government Officer of ProQuest LLC (“ProQuest”), a supplier of world knowledge, analytics and tool, to instructional, analysis and nationwide establishments, from September 2017 to June 2022, together with for a duration following Clarivate’s acquisition of ProQuest in December 2021. From 2003 till 2017, Mr. Shem Tov served as President and Well-known Government Officer of Ex Libris Ltd., important the corporate to develop into a well-known developer of cloud-based tool answers for tutorial, nationwide and analysis establishments international. Previous to becoming a member of Ex Libris, Mr. Shem Tov served as President of Surecomp Restricted, a world tool corporate focusing on business banking answers, nearest serving in numerous management roles around the corporate. Mr. Shem Tov won his Bachelor of Arts and his Grasp of Trade Management from Bar-Ilan College.

About Clarivate

Clarivate™ is a important international supplier of transformative wisdom. We trade in enriched knowledge, insights & analytics, workflow answers and professional services and products within the subjects of Academia & Govt, Highbrow Quality and Hour Sciences & Healthcare. For more info, please discuss with www.clarivate.com

Ahead-Taking a look Statements

This verbal exchange comprises “forward-looking statements” as outlined within the Non-public Securities Litigation Reform Occupation of 1995. Those statements, which categorical control’s wave perspectives regarding moment trade, occasions, traits, contingencies, monetary efficiency, or monetary situation, seem at numerous playgrounds on this verbal exchange and might worth phrases like “aim,” “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “see,” “seek,” “should,” “strategy,” “strive,” “target,” “will,” and “would” and homogeneous expressions, and diversifications or negatives of those phrases. Ahead-looking statements are neither historic information nor words of moment efficiency. Rather, they’re founded most effective on control’s wave ideals, expectancies, and guesses in regards to the moment of our trade, moment plans and techniques, projections, expected occasions and traits, the financial system, and alternative moment situations. As a result of forward-looking statements relate to the moment, they’re tricky to are expecting and plenty of of that are outdoor of our keep an eye on. Impressive components that would reason our unedited effects and monetary situation to range materially from the ones indicated within the forward-looking statements come with the ones components mentioned underneath the caption “Risk Factors” in our most up-to-date annual file on Method 10-Ok, at the side of our alternative filings with the U.S. Securities and Alternate Fee (“SEC”). On the other hand, the ones components will have to no longer be thought to be to be an entire observation of all attainable dangers and uncertainties. Alternative dangers and uncertainties no longer identified to us or that we recently deem immaterial might also impair our trade operations. Ahead-looking statements are founded most effective on knowledge recently to be had to our control and discuss most effective as of the future of this verbal exchange. We don’t think any legal responsibility to publicly serve revisions or updates to any forward-looking statements, whether or not on account of unutilized knowledge, moment trends or another way, excluding as another way required by way of securities and alternative appropriate rules. Please seek the advice of our community filings with the SEC or on our website online at www.clarivate.com.  

Investor Touch:

Mark Donohue, Head of Investor Members of the family 
[email protected]
215-243-2202

Media Touch:

Amy Bourke-Waite, Senior Director, Company Communications
[email protected] 

SOURCE Clarivate Plc



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