Clarivate appointed Simon Webster as president of its intellectual property segment, effective June 10, replacing Maroun S. Mourad, who will leave the company at the end of September after a transition period.
Webster is returning to the business he once led: he was CEO of CPA Global from 2015 to 2021, before CPA Global was sold to Clarivate in 2020. More recently, he was group CEO of Vistra from 2022 to 2025, where he oversaw a $6.5 billion merger with Tricor.
The leadership change comes as Clarivate said it is sticking with its full-year 2026 outlook, which it had already outlined on April 29.
Clarivate’s IP unit is a core part of the company’s innovation business, spanning IP management software, patent services, patent intelligence, brand IP solutions and litigation intelligence. The company said Webster’s background in software, technology-enabled services and information services makes him suited to push the segment toward “sustainable, recurring growth.”
Mourad’s departure closes a period in which Clarivate said the IP business made “strategic, financial, and operational progress.” Webster’s appointment is aimed at accelerating the next phase, with the company emphasizing AI-enhanced intelligence, stronger sales execution and tighter operating discipline. Following these announcements, the company's shares moved 0.61%, and are now trading at a price of $2.455. Check out the company's full 8-K submission here.
