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During that same time, we were the first investors and helped build the tech stack for a company calledHireVue, which was later sold toCarlyle. In the form of a joint venture, we quickly crafted an arrangement where we would take a minority interest and return as managers of Clearlink with the opportunity to become a majority stakeholder within a year. With offices in New York, Miami and London, Clarke Capitals headquarters is located in the state of Utah, which has been recognized for the 15th consecutive year as Americas Best Performing Economy.The firm generally focuses on, and has relocated a number of its portfolio companies headquarters to Utahs high growth region known as Silicon Slopes. Clarke Capital portfolio companies operate on 5 continents and are responsible for creating over 36,000 new jobs and billions in enterprise value. James is known for his positivity and his use of the word sensational. He is the first to greet VIPs in a room but also the newcomers and the entry-level faces around the table. Finding great people and building teams has been the driving success behind Clearlink, as well as Clarke Capital Partners. Similar to many kids growing up among the potato fields of southeast Idaho, Ive been working for as long as I can remember. named first vice chair, and Rick Nielsen will serve as second vice chair. We look forward to having these team members join us at our new world-class Global Headquarters in Draper and appreciate the efforts of all of our committed team members which includes those who work in office and those who will continue to work remotely as we accomplish our best work together, the statement read. And they decided to step up and write a check. "Between my wife Andrea who chairs UVUs Womens Success Center and I had been investing in other companies, I knew I wanted to continue serial entrepreneurship, and it was the right time. We at Clarke Capital Partners seek best-of-breed operators that work as hard as we do, see opportunity where others see decimation, and believe that there is no other way but can do., "With Clarke Capital, we got way more than just an investor, we found 'real partners' , the kind we'll look to for every deal we do now and in the future. which has since been acquired in 2016 by Sykes (NASDAQ: SYKE). How much money is James Clark worth at the age of 79 and whats his real net worth now? Utah Business provides award-winning, in-depth journalism on the tech and entrepreneurial businesses at the forefront of our nation's economy. Correction: An earlier version of this article stated Clearlink was founded in 2003, when it was founded in 2001. Clarke Capital Partners is a family office focused on fast-growing technology-enabled consumer companies. Clarke said he expects Clearlink to continue to grow, and said he doesn't expect downsizing or shifts in the company's personnel. In the form of a joint venture, we quickly crafted an arrangement where we would take a minority interest and return as managers of Clearlink with the opportunity to become a majority stakeholder within a year. You cannot copy or imitate what others have put together or whats worked for someone else. Clarke Capital Partners Let your imagination run wild, and it might come close to what I experienced. We believe that every great thing in life starts with desire, Clarke says. Donald Trumps real net worth? The Founder Seriesis a column by and about Utah founders and how they got to where they are today. Continue to the next page to see James Clark net worth, estimated salary and earnings. As the founder of Clearlinkwhich he exited through a transaction with Pamlico Capital in 2011 followed by another sale to Sykes in 2016Clarke developed a love for starting and scaling businesses. James Clarke Appointed as Chairman of the Board of Trustees for SALT LAKE CITY A Utah-based technology company has a new group at its helm and it's a familiar name to the company. Contour ended up being one of the largest intellectual property transactions in the last 10 years. Thats why we returnedwe had unfinished business with Clearlink. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Now the Clarke family hosts events at CUE throughout the year, such as Halloween parties, Christmas celebrations and pizza lunches. James Clark (born March 23, 1944) is famous for being entrepreneur. He is 79 years old and is a Aries. Chair Thompson has provided invaluable service and leadership during his time as of exceptional care, exceptional accountability, and exceptional results. Day by One of my least favorite statements is, Its not personal, its just business, James says. Theres not one of you here, and I challenge Reading or replaying the story in its Clarke Capital Partners5152 N Edgewood Drive Suite 375Provo, UT 84604. Although the Clarkes havent publicly stated how much theyve donated the past decade, its clear theyve spent more on others than themselves. Its also a great global story. With the acquisition brings a new CEO to Clearlink James Clarke, the man who initially founded Clearlink in November 2001 and is the current CEO at Clarke Capital. But that ability to execute is always about the people, and I think thats still ingrained within the culture at Clearlink. Clarke Capital Partners is always looking at opportunities and places to allocate, but we kept our eyes on Clearlink. His other income like annual salary and weekly earnings are under review. All rights reserved. The Clarkes contribute to causes which support the arts, education, & poverty alleviation through their private charitable foundation, the Labor & Honor Foundation. I pitched alignment to Odyssey Web and simply said to them, Im not going to pay upfront, but Ill pay you for every sale you generate through the website you build. It turned out to be a great relationship to align incentives in such a way that both businesses won. "It is the thrill of a lifetime to be back at Clearlink," Clarke said in an email. only for your personal, non-commercial use. Clearlink is still part of my soul, and were not done with each other yet. -, Retiring coal-fired power plants need a replacement. Requests for comment sent to Mr. Clarks new venture, CommandScape, and to his foundation werent immediately returned. Originally headquartered in Seattle, the company made a few wrong turns early on, so Clarke Capital stepped in to acquire the assets. Your email address will not be published. Then, Softbank, their financial sponsoramidst the challenges of their portfolio companies WeWork and Uberdecided they didnt believe in the companys ability to scale, so they closed up shop, took back the remainder of their capital, and we stepped in and acquired the business, Clarke says. The most expensive waterfront property ever sold in Australia is a $53.75 million Sydney estate with a championship-sized tennis court, harbor views and its own bar https://t.co/mAgudsky15 pic.twitter.com/twfhqfm7Kl. or superseded by additional information. Contour was acquired in one of the largest intellectual property transactions of the decade and PetIQ went on to become a billion-dollar company that Clarke helped take public as its chairman. They add accounting, legal, marketing, and general management expertise to any company that partners with them. Utah-based Clearlink under new management after partial About eight years ago, Elder Craig Zwick of The Church of Jesus Christ of Latter-day Saints called James and asked if he could lend his professional services and support. It was early 2000, and everyone was still talking about the internets many possibilities. James and Andrea along with their children Savannah, Ryan and Jack meet monthly to review the expenditures and opportunities of their family foundation. Promoting a CEO meant that I might escape the golden handcuffs that generally come with building and selling a business. Following a renovation by Parisian designer Laura Gonzalez, the Saint James Paris is more glamorous than ever but still a house of history with a strong sense of placeand a Relais & Chteaux experience in the heart of the 16th. Now, I dont necessarily believe that. James Clarke was appointed to the Board of Trustees in 2014. Mark went on to found a meteoric healthcare disruptor,Nomi Health. She wanted to help, and I took note of her generosity.. Some companies understand that desire and have incorporated it into their model. An unknown number of the demoralized workforce took him up on the offer to walk out. I had promised her that if she would believe in me enough to start a familyas we were married late by Utah standardsthat the business would be cash flow positive by the time our first child was born. This office is run by my partner James Harrison, who was absolutely key to consummating the deal. We will update Family, Sibling, Spouse, and Childrens information. His work in computer graphics enabled systems to render 3-D computer images. Although, that statement of appreciation is hard to square with the disdain Clarke showed for his employees, particularly working mothers, and the crushing disregard many of them clearly felt after their boss remarks. All Rights Reserved. In 2001, James founded and led online The brokerage declined to comment on the price reduction. Why Utahs independent bookstore network is thriving, Utah hydrologic outlook warns of rising waterways due to snowmelt as temperatures heat up, Higher densities may be coming soon to your SLC neighborhood, took to the workplace review site Glassdoor to vent their frustrations, $5 million contribution to Utah Valley University, poll done last year for McKinsey & Company. I knew retirement wasnt for me, he says. She would call me her nephew to ask for my counsel on how to direct her funds, James says. Copyright 2023 Utah Business. But I do believe that only the rarest of full-time caregivers can be a productive and full-time employee at the same time.. The Board That symbolizes how important we believe it is to be a good community partner. WebUniversity of Utah, University of New Orleans: University: N/A: College: N/A: High School: N/A: School: N/A: James H. Clark Net Worth: James H. Clarks net worth or net income is estimated to be $1 million $2 million dollars. I am a nobody who has to re-earn the respect of the people who make Clearlink the great company it is and even better as we move forward together. Its the combination of talent and the culture of people here who want to do and execute. Delivers the most important property news around the world to your inbox each weekday. Primary Income source Entrepreneur (profession). I managed teams selling satellite dishes and shared office space with fellow founders and entrepreneurs like Todd Pedersen, CEO and founder of Vivint; Ryan Smith, founder of Qualtrics and owner of the Utah Jazz; as well as Sean Clark, VP of MX. It is what drives us as a family.. That bus deal was instrumental in shaping how we would give in the future.. . The CEO in charge is evil and Id bet money that the company will be bankrupt by the end of the year if he is still in charge. It was not clear when the last listing was taken off the market. James Clarke Appointed as Chairman of the Board of Trustees for They didnt feel like me.. Having taken companies from millions to billions, Clarkes founders are operators first, investors second. , which was the third investor to acquire the company. Contour continues to grow well after its sale and under a new teams leadership. A couple hours later at dinner, I looked down the table and gave President Holland a thumbs up we had a deal, James says. His net worth at one time was over a billion dollars. By the end, I was about out of money and found myself saying, Ive just got to find a different way.. Theres this great desire for an up-and-coming cadre of entrepreneurs to do wonderful things right here in Utah. We took the key essence of it, brought it to Utah, and built a team around it, says former Contour CEO and Clarke managing partner, James Harrison. In total, the property has 44,187 square feet of living space, including 10 bedrooms, 14 bathrooms, a gym, a library and a wine cellar. In two years they raised nearly $300 million. James Clark - Net Worth and Salary James has served as chair or director on the boards of various private and public companies in the U.S. and abroad, including PetIQ (NSDQ:PETQ), where he previously served as Chair of the Board and today serves as Vice Chair to Jupiter Acquisition Corporation (NSDQ:JAQCU). Another well-known computer scientist is Jon Bentley. Our print and digital publications reach millions of executives across the state and our live and in-person events provide deep-dive access into the industries shaping our future. While in the midst of building Clearlink, we were investing in venture, and I learned that I loved to facilitate the growth/equity pattern. When I was a young man, my father would write a check to me for the jobs I would complete, and if I simply finished the job the memo line would read labor, James recalls.