TSX: CKI, CKI.DB; CKI.DB.A
HALIFAX, Jan. 13 /CNW/ - Clarke Inc. ("Clarke" or the "Company") today announced that Rob Normandeau, President and Chief Operating Officer of the Company, has been appointed to the Board of Directors of Clarke. He will assume the seat vacated by George Armoyan, who has requested a leave of absence from the Company to attend to personal family matters. Mr. Hugh Smith, who served as Chairman of the Company until December 31, 2008, will resume the post of Chairman.
Mr. Smith, on behalf of the Board and management, indicated strong support for Mr. Armoyan as he works to resolve those family issues that he will be addressing in the coming months.
The Company also reports that Michael Andlauer has resigned his position as director of the Company. In November of 2009 Andlauer Transportation Services Limited Partnership (ATS) sold its Retail Solutions Division to TransForce Inc. Mr. Andlauer will have an ongoing role with TransForce as a result of this transaction, and has elected to step down from the Clarke board to avoid any potential conflict. The Board extends its thanks to Mr. Andlauer for his service to Clarke.
Halifax-based Clarke Inc. invests in undervalued businesses and participates actively where necessary to enhance performance and increase return. Clarke's securities trade on the Toronto Stock Exchange (CKI, CKI.DB; CKI.DB.A); for more information about Clarke Inc., please visit our website at www.clarkeinc.com.
SOURCE Clarke Inc.
For further information: For further information: Rob Normandeau, President and COO, Clarke Inc., (902) 442-3000