Cision, PR Newswire‘s parent company, today announced it has appointed Abel Clark as CEO, effective immediately. Brandon Crawley, Managing Director at Platinum Equity was acting as Interim CEO.
“Since Platinum Equity’s acquisition of Cision, our focus has been on unlocking the value potential of the business,” said Crawley. “We are excited for Abel to help push this vision forward and confident that his customer-oriented approach and his extensive background in driving successful global growth strategies will be invaluable.”
Clark has extensive experience executing high-impact growth strategies and business transformations, with an impressive track record of leading strong and engaged teams to accelerate revenues and profitability.
“I am thrilled to be joining Cision at such an exciting time for the company and our customers,” said Clark. “Cision has a world-class global earned media management platform and we are best positioned to partner with our customers in order to deliver the next-generation of technology, workflow solutions and market insight.”
Most recently, Clark was CEO and Chairman of TruSight, a start-up backed by leading financial services companies, established to transform third party risk management. Under his leadership the business achieved rapid market adoption and customer expansion, positioning the company for long-term success.
Previously, Clark was the Global Managing Director of Thomson Reuters’ $5.5bn Financial division, serving 40,000 customers in over 100 countries. His focus on strategic growth opportunities, resource reallocation, business simplification and the shift from a product focus to a customer-led platform business resulted in an increased organic growth rate and substantial margin expansion. Prior to his role in the Financial division, Clark ran the $1.8bn trading systems business, Marketplaces, during which time he led the turnaround and re-positioning of the global foreign exchange business to achieve market leadership and sustainable growth. Earlier, he was the Chief Strategy Officer for Thomson Reuters Corporation and member of the Executive Committee.