Clark Aviation has always been owned by Alpha Aviation, no?
Taras B is correct, Clark Aviation simply went through a re-branding exercise to align its name with the main investor, C & C Alpha based in the UK. It was determined by some marketing consultant (not exactly rocket science in this case) that the persistent bad press over the last 5 years was irreversible so the rebrand exercise was the only option left.
Another driver for the change occurred closer to home. The Regional Director for Clark, P Singh, is being investigated in Singapore for allegations for corruption / bribery. He was the principle director who set up Clark Aviation with the English guy and it appears (alleged) that substantial sums of money (student fees) were removed at his direction, resulting in insuffucient funds to purchase aircraft (remember the 18 month - 2 year delay for the Clark cadets before their flying training started).
Anyhow, to answer the original question, same decision makers leading Clark (now Alpha) Aviation.