Clarke Inc. Provides Management Update

About this update from Clarke Inc.

[{"type":"text","content":"\n\n\n\nClarke Inc. Provides Management Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nHALIFAX, May 4, 2020\n\n\n\nHALIFAX, May 4, 2020 /CNW/ - Clarke Inc. (\"Clarke\") announces that Michael Rapps has resigned as President, CEO and a director of Clarke. Mr. Rapps will remain with Clarke through June 2020. \nFollowing Mr. Rapps' departure, George Armoyan, currently Executive Chairman of Clarke, will assume the responsibilities of President and CEO. \nGeorge Armoyan commented: \"Michael has been a trusted leader and an integral part of Clarke's success over the last eight years. The Clarke Board, my family and I thank Michael for his service, wish him success in his future endeavors and we look forward to working on opportunities together in the future.\"\nAbout Clarke Inc.\nClarke invests in public businesses, private businesses and real estate and participates actively in such investments to enhance their performance and maximize its return. Clarke's shares and debentures trade on the Toronto Stock Exchange under the symbols \"CKI\" and \"CKI.DB\". For more information about Clarke Inc., please visit our website at www.clarkeinc.com.\nForward-Looking Statements\nThis 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\", \"budgets\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\", \"believes\", or equivalents or 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. \nForward-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 oth...

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