Matti Shem Tov

Chief Executive Officer at CLARIVATE

Since August 9, 2024

Age

64 years

Education

Holds a Bachelor of Social Sciences and an MBA from Bar-Ilan University.

Tenure

Joined Clarivate on August 6, 2024, and assumed the Chief Executive Officer role on August 9, 2024 after serving in several senior leadership positions.

Also at CLARIVATE

Bar Veinstein

President, Academia & Government

Gordon Samson

President, Intellectual Property

Henry Levy

President, Life Sciences & Healthcare

About

Matti Shem Tov was born in 1960 and is a seasoned executive with over 30 years of global leadership experience in the software, data, and analytics industries.

He built his foundation in higher education by earning a Bachelor of Social Sciences and an MBA from Bar-Ilan University, which has supported his successful career trajectory.

Before joining Clarivate, he held key roles including President and Chief Executive Officer at Ex Libris Ltd., CEO at ProQuest LLC, and an operating partner at Lone View Capital, demonstrating his ability to lead across diverse sectors.

Upon joining Clarivate on August 6, 2024, he was appointed as Chief Executive Officer effective August 9, 2024, marking a new chapter in his executive career and the growth of the company.

$CLVT Performance Under Matti Shem Tov

Past Roles

Organization	Role	Date Range	Details
Lone View Capital	Operating Partner	June 2022 - March 2024	N/A
ProQuest LLC	Chief Executive Officer	September 2017 - June 2022	Included period following Clarivate's acquisition in December 2021
Ex Libris Ltd.	President and Chief Executive Officer	2003 - 2017	Led company to become a prominent developer of cloud-based software solutions
Surecomp Limited	President	N/A	Held various leadership roles before joining Ex Libris

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Annual Base Salary	$900,000	Annual	Base salary for 2024
Sign-On RSU Grant	$499,999 / 80,645 shares	Vest on 1st anniversary	Sign-on RSUs, subject to continued employment
Involuntary Termination Without Cause (Non-Change in Control)	$3,587,633	Upon termination event	RSUs: $887,633; Severance: $2,700,000
Involuntary Termination Without Cause (Change in Control)	$6,877,418	Upon change in control termination event	RSUs: $1,843,547; Severance: $3,600,000
Death or Disability	$3,277,418	Upon event occurrence	PSUs: $1,433,871; RSUs: $1,843,547
Other Compensation	$52,305	Annual	Other compensation for 2024

Performance Compensation

Data from FY 2024

Annual Incentive Plan (AIP) Components

Metric	Weight (%)	Performance Level Achieved	Amount Earned
Pre-bonus Adjusted EBITDA	90%	62%	$197,509
Voice of Customer	10%	90%	$31,743

Payment Details

Total AIP Payment: $229,252.
Target Amount: $352,695 (prorated based on hire date).
Maximum Cap: 200% of target ($705,390).
Conditions: Cash-based incentive; determined solely by annual performance metrics with no vesting schedule; individual modifier was not applied.
Evaluation Period: Annual.