Clarus (CLAR) Appoints James Walker III to its Board

Clarus Corporation (NASDAQ: CLAR), a global company focused on the outdoor and consumer enthusiast markets, announced the appointment of James Walker III to its board of directors.

Walker has over 30 years of experience in investing and asset management across multiple firms and industries. He currently serves as managing partner and founder of Vinson Ventures, LLC, a boutique investment firm where he focuses on building early-stage companies by actively working with founders and management. Walker was previously managing partner of Fir Tree Partners, a top 50 global alternative asset management firm, where he was a member of its real estate investment committee and chairman of the firm’s risk committee. Prior to Fir Tree Partners, Walker co-founded Black Diamond Capital Management where he served as managing partner. He began his career in investment banking at Kidder, Peabody & Co. and Bear Stearns.

Walker currently sits on the board of Starwood Real Estate Income Trust, a publicly registered REIT, where he is the lead independent director. Walker is also a strategic partner at Jadian Capital, a real estate private equity investment firm and a board member of Team USA, the foundation for the US Olympic Committee.

Walker received a B.S. in Economics from Boston College’s School of Management in 1984.

“Walker’s investing and operating experience spans many industries, including health and wellness, always focusing on overall markets and risk management, which will be a tremendous asset to Clarus,” said Clarus’ Executive Chairman Warren Kanders. “As we seek to continue to scale Clarus and execute on our growth initiatives, we are looking forward to incorporating Walker’s strategic thinking and global market expertise.”

Walker commented, “I am honored to be appointed to Clarus’ board of directors. As a mountaineer and avid user of Clarus’ brands, I am keenly aware of the Company’s leadership and ‘super-fan’ positioning in the outdoor markets it serves. I look forward to working with the board to continue to grow the brand portfolio to new levels, while focusing on maximizing shareholder value.”

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