Management ChangeJun 8, 2026, 05:11 PM
Clarivate Appoints Simon Webster as IP President; Mourad Departs
AI Summary
Clarivate Plc announced the appointment of Simon Webster as President of its Intellectual Property (IP) segment, effective June 10, 2026. Webster, former CEO of CPA Global, brings over two decades of leadership and expertise in the global IP ecosystem. He succeeds Maroun S. Mourad, who will depart from his position on June 9, 2026, and remain in an advisory role until September 30, 2026, receiving a $450,000 pro-rated bonus. The company also reaffirmed its full-year 2026 outlook.
Key Highlights
- Maroun S. Mourad to depart as President, Intellectual Property, effective June 9, 2026.
- Mr. Mourad will remain in a non-executive advisory role until September 30, 2026.
- Mr. Mourad's separation agreement includes a $450,000 pro-rated target annual bonus for 2026.
- Simon Webster appointed President, Intellectual Property, effective June 10, 2026.
- Mr. Webster previously served as CEO of CPA Global and Group CEO of Vistra.
- Clarivate reaffirmed its full-year 2026 financial outlook.
Price Impact
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