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Blucora names Charles Schwab vet Clendening its new CEO

Mar. 15, 2016 9:14 AM ETAvantax, Inc. (AVTA) StockBy: Eric Jhonsa, SA News Editor
  • John Clendening, formerly an EVP and investor services co-head at Charles Schwab, has been named Blucora's (NASDAQ:BCOR) CEO and a board member, effective April 4.
  • Clendening succeeds William Ruckelshaus, who previously announced plans to step down. Ruckelshaus is also leaving the board. (8-K filing)
  • The CEO change comes amid Blucora's transformation into a financial services provider, via its acquisition of brokerage HD Vest and the planned sale of its Infospace and Monoprice units.

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