secwatch.observer — SEC 8-K summary
======================================

Issuer:     CLARIVATE PLC (CLVT)
CIK:        0001764046
Form:       8-K
Filed at:   2022-07-11T23:59:59+00:00
Accession:  0001104659-22-078813
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clarivate CEO Jerre Stead to retire Sept 1; Jonathan Gear named CEO-elect
-------------------------------------------------------------------------

- Jonathan Gear, former IHS Markit CFO, joins as CEO-elect on July 11 and becomes CEO on Sept 1.
- Jerre Stead will remain Non-Executive Chair after retiring as CEO on Sept 1.
- Gear's compensation: base salary $900k, target bonus 150%, initial equity grant $6.5M, sign-on RSU $3.5M.
- Gear previously led ~$2.6B revenue P&Ls at IHS Markit; holds BA from UC Berkeley and MBA from Stanford.
- Board increased from 13 to 14 members upon Gear's appointment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1764046/000110465922078813/0001104659-22-078813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1764046/000110465922078813/tm2220771d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-078813

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer