. “I told the board, ‘I think it’s time we have someone that knows and has operated in these economic conditions and has a wealth of experience in finance and capital markets so we do not make mistakes there.’ ” Mr. Curtis “built my trust; it was abundantly clear we needed someone like him. We 100 per cent got the right person.”
The company “has gone through significant growing pains over the past year but we’re incredibly confident the future of Clearco is bright with Andrew Curtis as CEO,” Clearco director Santi Subotovsky, a general partner with investor Emergence, said in a statement. “I have been in plenty of situations like the one Clearco faces,” Mr. Curtis said. “You have a fundamentally strong business with attractive prospects, but which is going through some growing pains and facing a different macroeconomic environment than we’ve all been used to. You look at situations like this as dislocating and disruptive, but also as presenting extraordinary opportunities.”
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