Mr Clark has managed CutterConsulting for the last eight years and has established a record of excellence that has gained the respect of clients and Cutter personnel alike. He is well-equipped to take on the added responsibilities of Cutter's other two business lines, CutterBenchmarking and CutterResearch, with his previous experience as President of DSTi and as COO of The Longview Group.

During Mr. Clark's tenure at Cutter Associates, he has been recognized as a thought leader in the area of investment systems strategy. Mr. Clark strengths come from his ability to combine architecture and business domain knowledge into workable solutions for investment companies. Mr. Clark has led strategy engagements for all types of companies including insurance, mutual funds, Institutional separate accounts, and private banking. More recently, he has worked on strategies for derivatives and risk management.

Mark Bobseine, President and Chairman of Cutter Associates, says "John Clark is a proven leader who has demonstrated great skill in delivering high quality solutions to clients."

Mr. Bobseine will remain as Chairman and concentrate on new initiatives for the company and managing relationships with existing clients.