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Clarivate Announces Change in Executive Leadership

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Clarivate (NYSE: CLVT) announced a leadership change with the departure of CFO Richard Hanks, effective December 16, 2021. His successor, Jonathan Collins, currently CFO of Dana (NYSE: DAN), will take over to drive the company's ongoing growth. Hanks will assist during the transition until April 1. Collins brings extensive experience from Dana and ProQuest, where he held senior financial roles. Clarivate's Executive Chairman praised Hanks for his contributions over the past five years and expressed confidence in Collins' ability to lead the financial strategy moving forward.

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  • Jonathan Collins brings extensive financial experience from Dana and ProQuest, positioning Clarivate for growth.
  • Hanks' support during the transition may ensure a smooth leadership handover.
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LONDON, Dec. 1, 2021 /PRNewswire/ -- Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a change to our executive leadership team. Clarivate Executive Vice President and Chief Financial Officer Richard Hanks is leaving the company and will be succeeded by Jonathan Collins, who is currently Executive Vice President and CFO of Dana Incorporated (NYSE: DAN). Collins will be joining Clarivate effective Dec. 16 as Executive Vice President and CFO. Hanks will remain with Clarivate until April 1 to support the CFO transition.

"I want to thank Richard for his leadership and for being a very important part in creating Clarivate's success for the past five years," said Clarivate Executive Chairman and Chief Executive Officer Jerre Stead. "We truly appreciate his passion for our customers, colleagues and shareowners."

Collins has been EVP and CFO of Dana since March 2016. At Dana, Collins led the financial, information technology, corporate strategy, and business development functions as well as the digital solutions and aftermarket businesses. Prior to joining Dana, Collins was Senior Vice President and CFO for ProQuest from 2013-2016 and Vice President Global Financial Operations from 2010-2013. He earned an MBA, with distinction, from the University of Michigan's Stephen M. Ross School of Business and holds a bachelor's degree from Cedarville University.

"We are very pleased to have someone with Jonathan's background to take over as CFO," Stead added. "His past six years as CFO of a public company, along with his previous experience with ProQuest, will be invaluable to our ongoing growth and success."

About Clarivate  

Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.

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SOURCE Clarivate Plc

FAQ

When will Jonathan Collins start as CFO of Clarivate?

Jonathan Collins will join Clarivate as CFO effective December 16, 2021.

Who is replacing Richard Hanks as CFO of Clarivate?

Jonathan Collins, currently CFO of Dana, will replace Richard Hanks as CFO of Clarivate.

What is Richard Hanks' role during the transition period?

Richard Hanks will assist Clarivate until April 1, 2022, during the transition to Jonathan Collins.

What experience does Jonathan Collins have?

Jonathan Collins has served as CFO of Dana since March 2016 and held senior roles at ProQuest prior.

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