Clarivate Plc, a global leader in providing trusted information and insights to accelerate the pace of innovation, has announced that Jerre Stead, Executive Chair and Chief Executive Officer, is retiring from his CEO role effective September 1, 2022.
With this transition, the board of directors has selected Jonathan Gear to succeed Mr. Stead. Mr. Gear is joining Clarivate as CEO-elect and a member of the board of directors on July 11, 2022. Mr. Gear will become Chief Executive Officer on September 1, 2022, at which time Mr. Stead will become Non-Executive Chair of the Board of Directors.
During Mr. Stead’s tenure as Clarivate CEO, the company has nearly tripled in size both in revenue and colleague population, delivered strong cash flow, completed multiple strategic acquisitions, and aligned into a customer- and colleague-centric enterprise. Mr. Gear brings 23 years of executive leadership experience in technology, data and information services companies, most recently as Chief Financial Officer of IHS Markit, where he helped guide the company through its successful merger with S&P Global. While at IHS Markit, Mr. Gear also served as President of the Energy, Transportation and CMS business segments, leading the P&Ls for approximately $2.6 billion in revenue. Mr. Gear holds a BA in Political Economics from the University of California-Berkeley and an MBA from Stanford University.
Click here to read the original press release.
