HALIFAX, NS, March 11, 2021 /CNW/ - Clarke Inc.
("Clarke" or the "Company") (TSX: CKI) (TSX: CKI.DB)
announces the resignation of Stephen
Cyr as Chief Financial Officer of Clarke effective
June 25, 2021 and the appointment of
Tom Casey to the position of Chief
Financial Officer effective June 26,
2021. Mr. Cyr has been with the Company for 13 years, serving
as Chief Financial Officer since 2017. He will work closely
with the Company and Mr. Casey to ensure a smooth transition upon
his departure in June 2021.
Tom is a Chartered Professional Accountant and holds a Bachelor
of Commerce degree from Dalhousie University. Tom joined
Clarke as its Vice President of Finance in January 2020. He
was previously the Vice President of Finance of the Company's
subsidiary, Holloway Lodging Corporation, since 2017. Before
joining Holloway, Tom held various positions with Ernst & Young
in Halifax, Nova Scotia and
PricewaterhouseCoopers in Toronto,
Ontario and Halifax, Nova
Scotia.
"We thank Steve for his dedication and many contributions to the
success of Clarke over the years and wish him well in his future
endeavours," said George Armoyan,
Chairman, President and Chief Executive Officer of Clarke. "Tom has
been involved in the Company's financial functions since 2017 and
we are confident that he will transition smoothly into the Chief
Financial Officer position. We look forward to working with
him in this new role."
About Clarke
Halifax-based Clarke invests in
a variety of private and publicly-traded businesses and
participates actively where necessary to enhance performance and
increase its return. Clarke's securities trade on the Toronto Stock
Exchange (CKI; CKI.DB). For more information about Clarke, please
visit our website at www.clarkeinc.com.
Forward-Looking Statements
This press release may contain or refer to certain
forward-looking statements relating, but not limited to, Clarke's
expectations, intentions, plans and beliefs with respect to Clarke.
Often, but not always, forward-looking statements can be identified
by the use of words such as "plans", "expects", "does not expect",
"is expected", "budget", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or
equivalents or variations, including negative variations, of such
words and phrases, or state that certain actions, events or
results, "may", "could", "would", "should", "might" or "will" be
taken, occur or be achieved.
Forward-looking statements rely on certain underlying
assumptions that, if not realized, can result in such
forward-looking statements not being achieved. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual results of Clarke to be
materially different from the historical results or from any future
results expressed or implied by such forward-looking statements.
Risks and uncertainties include, among others, the Company's
investment strategy, legal and regulatory risks, general market
risk, potential lack of diversification in the Company's
investments, and interest rates and foreign currency fluctuations.
Although Clarke has attempted to identify important factors that
could cause actual actions, events or results or cause actions,
events or results not to be estimated or intended, there can be no
assurance that forward-looking statements will prove to be accurate
as actual results and future events could differ materially from
those anticipated in such statements. Other than as required by
applicable Canadian securities laws, Clarke does not update or
revise any such forward-looking statements to reflect events or
circumstances after the date of this document or to reflect the
occurrence of unanticipated events. Accordingly, readers should not
place undue reliance on forward-looking statements.
SOURCE Clarke Inc.