Clarivate appoints Matti Shem Tov as CEO effective Aug 9; Jonathan Gear steps down

CLARIVATE PLC

Gear receives $4.375M lump sum, pro-rated bonus, accelerated RSUs, and 18 months COBRA reimbursement.
Shem Tov gets $900k base salary, 100% target bonus, $3.5M initial equity grant, and $500k sign-on RSU.
Retention awards: Jonathan Collins $2M RSU; Bar Veinstein, Henry Levy, Gordon Samson each $1M RSU, cliff-vest one year.
Gear remains non-executive employee through Nov 1, 2024; departure not due to disagreement.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jonathan Gear

Chief Executive Officer

CLVT · CLARIVATE PLC

Effective: 2024-08-09
Successor: Matitiahu (Matti) Shem Tov
Filed: August 6, 2024, 7:59 PM ET

Jonathan Gear, Chief Executive Officer of Clarivate Plc (the “Company”) will depart from his position and step down as a member of the board of directors (the “Board”), effective August 9, 2024.

Appointed

Matitiahu (Matti) Shem Tov

Chief Executive Officer

CLVT · CLARIVATE PLC

Effective: 2024-08-09
Filed: August 6, 2024, 7:59 PM ET

On August 6, 2024, the Company announced that Matitiahu (Matti) Shem Tov, age 63, will assume the role of Chief Executive Officer and will join the Board, effective as of August 9, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Gear departed as Chief Executive Officer at CLARIVATE PLC.

Action: depart
Role: Chief Executive Officer

Exact text from the filing

Jonathan Gear, Chief Executive Officer of Clarivate Plc (the “Company”) will depart from his position and step down as a member of the board of directors (the “Board”), effective August 9, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matitiahu (Matti) Shem Tov changed role as Chief Executive Officer at CLARIVATE PLC.

Action: assume role
Role: Chief Executive Officer

Exact text from the filing

On August 6, 2024, the Company announced that Matitiahu (Matti) Shem Tov, age 63, will assume the role of Chief Executive Officer and will join the Board, effective as of August 9, 2024.

View on SEC.gov

CLARIVATE PLC filing history →

Source: SEC EDGAR

accession 0001104659-24-086317

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