Manhattan Associates names Eric Clark CEO, succeeding Eddie Capel effective February 12, 2025
Manhattan Associates said Eddie Capel will retire as President and CEO effective February 12, 2025, and be succeeded by Eric Clark, most recently CEO of NTT Data North America. Capel becomes Executive Vice-Chairman, and Clark joins the Board, which expands from eight to nine members. The filing discloses Clark's pay package, including a $800,000 base salary and an $8 million equity grant, and does not include any financial results.
Key points
- Eric Clark succeeds Eddie Capel as President and CEO effective February 12, 2025
- Clark's package includes an $800,000 base salary, an $800,000 target bonus and a $3 million cash signing bonus
- Initial equity grant of restricted stock units valued at $8 million at grant, vesting through February 14, 2028
- Capel joined Manhattan in June 2000 and has been CEO since January 2013
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.