Clarivate and Exor Sign Agreement Under Which Suzanne Heywood Will Be Nominated to Stand for Election to the Company's Board of Directors
LONDON and AMSTERDAM, March 4, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, today announced that Suzanne Heywood will be nominated for election to the Clarivate Board of Directors at the Company's next Annual General Meeting of shareholders on May 7, 2024. Under the terms of the agreement, Exor, which now owns 10.1% of Clarivate, may increase its participation up to 17.5% of Clarivate's outstanding ordinary share capital.
- Under the terms of the agreement, Exor, which now owns 10.1% of Clarivate, may increase its participation up to 17.5% of Clarivate's outstanding ordinary share capital.
- Jonathan Gear, CEO, Clarivate said: "We welcome Exor's commitment to our strategy as a long-term investor.
- Andy Snyder, Chairman of the Board, Clarivate, commented: "We look forward to Suzanne joining the Board.
- Suzanne Heywood is the COO of Exor and the Chair of CNH Industrial N.V. and Iveco Group.