Mark Besca Appointed to Clarus’ Board of Directors
Clarus (NASDAQ: CLAR) has appointed Mark Besca to its Board of Directors, effective December 5, 2024. This appointment expands the Board to seven directors, with six being independent. Besca, who brings over 40 years of accounting and financial expertise, will also serve on the Board's Audit Committee.
Besca currently serves as Audit Committee Chair at Markel Group Inc. His previous experience includes a 40-year tenure at EY, where he held several leadership positions including Managing Partner of EY's New York City office and Northeast Managing Partner of EY's Assurance and Advisory Business. He holds an M.B.A from Columbia Business School and a B.B.A. in Accounting from Pace University.
Clarus (NASDAQ: CLAR) ha nominato Mark Besca nel suo Consiglio di Amministrazione, a partire dal 5 dicembre 2024. Questa nomina amplia il Consiglio a sette membri, di cui sei indipendenti. Besca, che porta con sé oltre 40 anni di esperienza in contabilità e finanza, farà anche parte del Comitato di Audit del Consiglio.
Besca attualmente ricopre il ruolo di Presidente del Comitato di Audit presso Markel Group Inc. La sua esperienza precedente include un periodo di 40 anni in EY, dove ha ricoperto diverse posizioni di leadership, tra cui quella di Managing Partner dell'ufficio di EY a New York e Northeast Managing Partner del Business di Assurance e Advisory di EY. Possiede un M.B.A. dalla Columbia Business School e un B.B.A. in Contabilità presso la Pace University.
Clarus (NASDAQ: CLAR) ha nombrado a Mark Besca en su Junta Directiva, a partir del 5 de diciembre de 2024. Este nombramiento amplía la Junta a siete directores, de los cuales seis son independientes. Besca, quien aporta más de 40 años de experiencia en contabilidad y finanzas, también formará parte del Comité de Auditoría de la Junta.
Besca actualmente se desempeña como Presidente del Comité de Auditoría en Markel Group Inc. Su experiencia previa incluye 40 años en EY, donde ocupó varios puestos de liderazgo, incluido el de Managing Partner de la oficina de EY en Nueva York y Northeast Managing Partner del negocio de Assurance y Advisory de EY. Tiene un M.B.A. de la Columbia Business School y un B.B.A. en Contabilidad de Pace University.
Clarus (NASDAQ: CLAR)는 2024년 12월 5일부터 마크 베스카를 이사회에 임명했습니다. 이번 임명으로 이사회는 7명의 이사로 확대되며, 그 중 6명은 독립 이사입니다. 베스카는 40년 이상의 회계 및 재무 전문 지식을 보유하고 있으며, 이사회의 감사위원회에서도 활동할 것입니다.
베스카는 현재 Markel Group Inc.의 감사위원회 의장을 맡고 있습니다. 그의 이전 경력은 EY에서 40년의 근무 기간을 포함하며, 그곳에서 뉴욕 사무소의 Managing Partner 및 EY의 Assurance와 Advisory 사업의 Northeast Managing Partner으로 여러 리더십 역할을 담당했습니다. 그는 Columbia Business School에서 M.B.A.를, Pace University에서 회계학 학사(B.B.A.)를 취득했습니다.
Clarus (NASDAQ: CLAR) a nommé Mark Besca au sein de son Conseil d'Administration, prenant effet le 5 décembre 2024. Cette nomination élargit le Conseil à sept administrateurs, dont six sont indépendants. Besca, qui apporte plus de 40 ans d'expertise en comptabilité et en finance, siégera également au Comité d'Audit du Conseil.
Besca est actuellement président du Comité d'Audit de Markel Group Inc. Son expérience antérieure comprend une carrière de 40 ans chez EY, où il a occupé plusieurs postes de direction, dont celui de Managing Partner du bureau de New York et de Northeast Managing Partner des affaires d'Assurance et de Conseil d'EY. Il détient un M.B.A. de la Columbia Business School et un B.B.A. en comptabilité de la Pace University.
Clarus (NASDAQ: CLAR) hat Mark Besca mit Wirkung zum 5. Dezember 2024 in seinen Vorstand berufen. Diese Ernennung erweitert den Vorstand auf sieben Mitglieder, von denen sechs unabhängig sind. Besca bringt über 40 Jahre Erfahrung in den Bereichen Rechnungswesen und Finanzen mit und wird auch im Prüfungsausschuss des Vorstands tätig sein.
Besca ist derzeit Vorsitzender des Prüfungsausschusses bei Markel Group Inc. Zu seiner früheren Erfahrung gehört eine 40-jährige Tätigkeit bei EY, wo er mehrere führende Positionen innehatte, darunter Managing Partner des EY-Büros in New York City und Northeast Managing Partner des Assurance- und Advisory-Geschäfts von EY. Er hält einen M.B.A. von der Columbia Business School und einen B.B.A. in Rechnungswesen von der Pace University.
- Addition of experienced financial expert to the Board and Audit Committee
- Strengthening of corporate governance with 6 out of 7 directors being independent
- Strategic addition during company's turnaround phase
- None.
SALT LAKE CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that the Company’s Board of Directors (the “Board”) appointed Mr. Mark Besca to serve on the Board, effective as of December 5, 2024. With Mr. Besca’s appointment, the Board will be comprised of seven directors, six of whom are independent. Mr. Besca was also appointed to the Audit Committee of the Company’s Board.
Mr. Besca has over 40 years of accounting and financial expertise serving in leadership roles as an advisor to Fortune 500 companies and as a public company board member. Since 2020, Mr. Besca has been a member of the board of directors and Audit Committee Chair of Markel Group Inc., a New York Stock Exchange listed financial holding company with diverse operations. Prior to his retirement in 2020, he spent 40 years at EY (formerly Ernst & Young, LLP) serving as lead and senior advisory audit partner to some of the largest public companies in the media and entertainment, consumer products and airline industries. From 2017 until 2020, Mr. Besca was the Leader of Long-Term Value and Stakeholder Capitalism initiative at EY. From 2012 to 2018, he served as Managing Partner of EY’s New York City office with over 11,000 professionals, and from 2009 to 2011, he was Northeast Managing Partner of EY’s Assurance and Advisory Business.
Mr. Besca received his M.B.A from Columbia Business School and graduated with a B.B.A. in Accounting from Pace University’s Lubin School of Business.
“We are very pleased to have Mark join the Clarus Board of Directors and look forward to his contributions as the Company takes the next steps in our turnaround,” said Warren Kanders, Clarus’ Executive Chairman. “With deep financial expertise and four-plus decades of experience serving public companies, Mark represents a valuable addition to our Board.”
Mr. Besca commented, “It is an honor to join Clarus’s Board during this pivotal period and help to unlock new growth opportunities. I am excited to work alongside the Board and management team to support the Company’s strategic roadmap and drive sustainable value for shareholders.”
About Clarus Corporation
Headquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide safe, simple, effective and beautiful products so that our customers can maximize their outdoor pursuits and adventures. Each of our brands has a long history of continuous product innovation for core and everyday users alike. The Company’s products are principally sold globally under the Black Diamond®, Rhino-Rack®, MAXTRAX®, TRED Outdoors® brand names through outdoor specialty and online retailers, our own websites, distributors, and original equipment manufacturers.
Forward-Looking Statements
Please note that in this press release we may use words such as “appears,” “anticipates,” “believes,” “plans,” “expects,” “intends,” “future,” and similar expressions which constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements in this release, include, but are not limited to, those risks and uncertainties more fully described from time to time in the Company's public reports filed with the Securities and Exchange Commission, including under the section titled “Risk Factors” in the Company's Annual Report on Form 10-K, and/or Quarterly Reports on Form 10-Q, as well as in the Company’s Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.
Company Contact:
Michael J. Yates
Chief Financial Officer
mike.yates@claruscorp.com
Investor Relations:
The IGB Group
Leon Berman / Matt Berkowitz
Tel 1-212-477-8438 / 1-212-227-7098
lberman@igbir.com / mberkowitz@igbir.com
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