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Thursday, May 17, 2012|
Navigator Equity Hedge Advisor Names a Successor
Like father, like son in the business world. Brendan Clark will takeover from his father Harry Clark as president of Clark Capital Management Group [profile]. The Clarks announced their plans for the Philadelphia-based independent investment advisory firm in a release today.
Harry Clark started his career in 1970, founded Clark Capital in 1986 and will remain chairman and CEO, developing the "overall vision of the firm" of the firm.
Brendan Clark will play a more instrumental role in executing the firm's overall strategy, executing its business development initiatives and managing its service support teams and marketing functions.
"As President, his goal will be to continue the 40 percent per annum growth achieved over the past three years," stated Harry Clark.
"Clark Capital achieved impressive growth during the 'Lost Decade' as our unique investment philosophy and process resonated with the financial advisor community and their clients," Brendan Clark stated. "We have embraced several strategic avenues to support future growth. We expect to continue to exceed our targets on all fronts. I am honored to step into the role of President and I look forward to driving the next phase of success at Clark Capital."
Brendan Clark joined Clark Capital in 2001.
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