- Push-out Score determined
- After about three years in the position
- Accolades and praise for Clark
- John Martins taking over
- Clark will remain as Chairman at Cross Country
- Clark made a lengthy statement and said 356 words
(exechange) — Boca Raton, Florida, January 19, 2022 — Kevin Clark, chief executive of Cross Country, leaves his position. As announced by Cross Country Healthcare Inc. in a news release and in a regulatory filing published on Wednesday, January 19, 2022, Kevin C. Clark leaves his post as chief executive officer at the staffing, recruitment and advisory firm, after about three years in the role, effective March 31, 2022.
Kevin Clark’s duties as CEO will be taken over by John A. Martins, currently Group President, Delivery at Cross Country Healthcare Inc.
No reason given
In the announcement, Cross Country did not explicitly explain the reason for the move.
Clark will remain as Chairman at Cross Country
“Kevin C. Clark, Co-Founder and CEO of the Company will transition from his current role as President and CEO effective March 31, 2022 to Chairman of the Company’s Board of Directors, where he will continue to lead Cross Country Healthcare’s strategic direction,” Cross Country said.
“Retire”
Cross Country said: “[E]ffective March 31, 2022 (the “Effective Date”), Kevin C. Clark, Co-Founder and Chief Executive Officer (“CEO”) of the Company, will retire and transition from his current role as President and CEO of the Company to Chairman of the Board.”
Share price increase since January 2019
The announcement follows an increase in Cross Country Healthcare Inc.’s share price of 192% since January 2019. January 2019 is the month in which Clark’s tenure as CEO began.
In the position of CEO since 2019
Kevin Clark became CEO of the Company in 2019.
Thomas C. Dircks, who has served as the Company’s Chairman since 2013, will continue to serve as an independent director of the Company’s Board of Directors.
Larry Cash will continue to serve as the Company’s lead director.
Kevin C. Clark became President, Chief Executive Officer, and a director of the Company’s Board on January 16, 2019.
Prior to joining the Company, he served as Chairman and Chief Executive Officer of Talivity, Inc., a provider of staffing, marketing and technology services, from 2015 to 2018.
Prior to that he served as Chairman and Chief Executive Officer of OGH, LLC, a healthcare staffing, technology and workforce solutions company, from 2002 to 2015, and as the Chairman and Chief Executive Officer of Pinnacor Inc. from 1999 to 2001, a provider of content and financial software application services.
From 1996 to 1998, Clark served as Chairman and Chief Executive Officer of Poppe Tyson, Inc., a global digital marketing agency, and from 1986 to 1994 he served as the Chairman and Chief Executive Officer of Cross Country, Inc., a healthcare staffing company, which he co-founded.
Clark earned his Bachelor of Business Administration from Florida Atlantic University.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Kevin Clark’s move on a scale of 0 to 10.
exechange reached out to Cross Country and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 4.2022 ($).