Jerre Stead has been leading Clarivate Plc since 2019, bringing a wealth of experience in management from his previous roles. He holds a Bachelor's degree from the University of Michigan, which laid the foundation for his career. During his time...

Jerre Stead has been leading Clarivate Plc since 2019, bringing a wealth of experience in management from his previous roles. He holds a Bachelor's degree from the University of Michigan, which laid the foundation for his career. During his time as CEO, he oversaw a substantial increase in his compensation, growing from $2.5 million in 2020 to $4.5 million in 2022, primarily driven by vested stock awards. Interestingly, he did not receive any bonuses in 2022 but still saw a significant portion of his pay come from stock vesting. Prior to Clarivate, he served as CEO at IHS Holding in multiple capacities, showcasing his long-term commitment to driving value in tech and data services companies. This track record highlights his ability to navigate complex industries and lead organizations through change and growth. His leadership style and decisions reflect a focus on aligning performance with overall company success.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Clarivate CEOs

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Jerre Stead

Ex-CEO of Clarivate

Education

Bachelor's degree from the University of Michigan

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1947 - 78 years ago

CEO of Clarivate for

3 years 4 months (May 2019 - Sep 2022)

Previous Experience

Chairman and CEO of several companies including IHS Markit and others.

Rivals

Competitors/colleagues of Jerre Stead

Holdings

See how much did Jerre Stead make over time.

Jerre Stead's holdings in Clarivate Plc reflect significant fluctuations over the years. In 2020, his total compensation was $2.5 million, with $1.5 million coming from vested stock. This number jumped dramatically in 2021 to $2.3 million, bolstered by a $500,000...

Jerre Stead's holdings in Clarivate Plc reflect significant fluctuations over the years. In 2020, his total compensation was $2.5 million, with $1.5 million coming from vested stock. This number jumped dramatically in 2021 to $2.3 million, bolstered by a $500,000 bonus linked to performance metrics like revenue growth. By 2022, his total compensation soared to $4.5 million, marked by substantial amounts in vested stock valued at $3.6 million. These figures indicate that he has considerable wealth tied up in his company, aligning his interests closely with shareholders. At one point, his net worth in these holdings represented a severe increase relative to his earlier earnings, signifying a robust performance from Clarivate during his watch.

Insider Trading

See recent insider trades of Jerre Stead.

CLVT

90,310 shares

CLVT

Mar 1, 2021

Received

Compensation History

See how much did Jerre Stead make over time.

In 2022, Jerre Stead received a total compensation of $4.5 million, up from $2.3 million in 2021. His pay structure consists largely of vested stock, which in 2022 was worth $3.6 million. Unlike previous years, he did not receive any bonuses, reflecting a shift in how his pay aligns with performance metrics. The compensation plan at Clarivate is designed focusing on long-term goals, tying executive pay directly to company success. The prior year's bonuses were based on hitting specific targets like revenue growth and adjusted EBITDA. Stead's increased compensation during his tenure indicates that the company's performance has been strong and potentially rewarding for shareholders. His compensation is strategically tied to shareholder interests, ensuring that he remains focused on driving the company forward.

Year

2022

Total Compensation

$4.09M

Salary

$501.10K

Board Justification

The compensation philosophy emphasizes aligning executive pay with performance and shareholder interests, focusing on attracting and retaining top talent while rewarding performance.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2022.

Other

$12.31K

Board Justification

Other compensation includes contributions to defined contribution plans and other benefits.

Restricted Stock

$3.58M(3.58M RSUs)

Board Justification

The value of the stock awards that vested in 2022, which includes performance-based stock units (PSUs) and restricted stock units (RSUs).

Performance Metrics

The performance metrics for determining compensation included revenue growth and adjusted EBITDA.

Other Clarivate CEOs

Here are other CEOs of Clarivate

Jonathan Gear

Ex-CEO of Clarivate

September 2022 - August 2024