Roger Werner Appointed to Clarus’ Board of Directors
08 Março 2024 - 8:55AM
Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”),
a global company focused on the outdoor enthusiast markets,
announced that the Company’s Board of Directors (the “Board”)
appointed Mr. Roger Werner to serve on the Board, effective as of
March 8, 2024. With Mr. Werner’s appointment, the Board will be
comprised of 6 directors, five of whom are independent.
Mr. Werner has over 40 years of executive leadership experience,
which includes building some of television’s most successful sports
networks. He joined ESPN as Chief Operating Officer in 1982 and was
named President and CEO in 1988. During his six years as COO and
two years as President and CEO, ESPN became the world’s largest and
most profitable cable television network. After leaving ESPN,
Werner helped build the Los Angeles-based Prime Ticket Network (now
Fox Sports West) into America’s largest and most valuable regional
cable network, and between 1995 and 2002, he developed Speedvision
(now Fox Sports 1) and Outdoor Life Network (now NBC Sports),
serving as both networks’ President and CEO. From 2006 to 2013, he
undertook a public company turnaround as President, CEO and
Co-Chairman of Outdoor Channel Holdings, Inc. (OUTD), where he
guided initiatives that significantly increased profitability and
improved corporate governance.
Mr. Werner remains active in the sports and automotive video
markets. He has been an advisor and a Director at The MotorTrend
Group, the largest producer of digital automotive related content
and a Discovery Communications company. He currently serves as
Chairman of ACCUS (the Automobile Competition Committee of the
United States).
Mr. Werner received his M.B.A from the University of Virginia’s
Darden School and graduated from Trinity College.
“Roger is an excellent addition to our Board, and we welcome his
extensive experience working with companies to enhance their growth
prospects and profitability,” said Warren Kanders, Clarus’
Executive Chairman. “As Clarus continues to focus on growing our
Outdoor and Adventure segments, we will benefit greatly from
Roger’s unique perspective and deep familiarity with automotive,
outdoor and sports enthusiast audiences and consumers.”
Mr. Werner commented, “Joining the Board at such an important
time for Clarus is a tremendous opportunity. I look forward to
collaborating with the Board and management team to help the
Company’s long-term vision come to fruition and create enduring
shareholder value.”
About Clarus CorporationHeadquartered in Salt
Lake City, Utah, Clarus Corporation is a global leading designer,
developer, manufacturer and distributor of best-in-class outdoor
equipment and lifestyle products focused on the outdoor enthusiast
markets. Each of our brands has a long history of continuous
product innovation for core and everyday users alike. The Company’s
products are principally sold globally under the Black Diamond®,
Rhino-Rack®, MAXTRAX®, TRED Outdoors® brand names through outdoor
specialty and online retailers, our own websites, distributors, and
original equipment manufacturers. Our portfolio of iconic brands is
well-positioned for sustainable, long-term growth underpinned by
powerful industry trends across the outdoor and adventure sport end
markets. For additional information, please visit
www.claruscorp.com or the brand websites at
www.blackdiamondequipment.com, www.rhinorack.com, www.maxtraxus.com
/ www.maxtrax.com.au, www.tredoutdoors.com, or www.pieps.com.
Forward-Looking StatementsPlease note that in
this press release we may use words such as “appears,”
“anticipates,” “believes,” “plans,” “expects,” “intends,” “future,”
and similar expressions which constitute forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are made based on our expectations and beliefs
concerning future events impacting the Company and therefore
involve a number of risks and uncertainties. We caution that
forward-looking statements are not guarantees and that actual
results could differ materially from those expressed or implied in
the forward-looking statements. Potential risks and uncertainties
that could cause the actual results of operations or financial
condition of the Company to differ materially from those expressed
or implied by forward-looking statements in this release, include,
but are not limited to, those risks and uncertainties more fully
described from time to time in the Company's public reports filed
with the Securities and Exchange Commission, including under the
section titled “Risk Factors” in the Company's Annual Report on
Form 10-K, and/or Quarterly Reports on Form 10-Q, as well as in the
Company’s Current Reports on Form 8-K. All forward-looking
statements included in this press release are based upon
information available to the Company as of the date of this press
release and speak only as of the date hereof. We assume no
obligation to update any forward-looking statements to reflect
events or circumstances after the date of this press release.
Company Contact:Michael J. YatesChief Financial
OfficerTel 1‐801-993‐1304mike.yates@claruscorp.com
Investor Relations:The IGB GroupLeon Berman /
Matt BerkowitzTel 1-212-477-8438 / 1-212-227-7098lberman@igbir.com
/ mberkowitz@igbir.com
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