CLEAR Enhances Leadership Team: Key Appointments Announced
CLEAR Enhances Leadership Team with New Appointments
CLEAR, a leading secure identity platform, has recently made significant changes to its leadership team. Ken Cornick, who co-founded the company, is stepping down from his roles as President and Chief Financial Officer, transitioning into an advisory role. Under Cornick's leadership, CLEAR has evolved from serving 190,000 members to over 30 million members, showcasing its rapid growth and commitment to providing secure identity solutions.
Introducing Michael Barkin as the New President
Michael Barkin has been appointed as CLEAR's new President, effective March 31, 2025. Barkin, who has been a board member since 2019, brings a wealth of experience in financial leadership and strategic operations. His previous role as Executive Vice President and Chief Financial Officer at Vail Resorts equipped him with the skills necessary for fostering growth in competitive environments. Furthermore, his experience in private equity with KRG Capital and Bain Capital, alongside his consulting background at Bain & Company, makes him an invaluable asset as CLEAR enters its next phase of development.
Leadership Vision for CLEAR
CLEAR's CEO, Caryn Seidman Becker, expressed gratitude toward Ken Cornick for his dedication and contributions over his 15-year tenure. She noted, "It has been an amazing journey as we’ve scaled CLEAR and created a brand that stands for trust, safety, and frictionless experiences." Seidman Becker shared excitement about Michael Barkin's appointment, emphasizing his strategic vision and capability to help CLEAR achieve its ambitious goals. Michael Barkin himself expressed enthusiasm about joining CLEAR at such a pivotal time, stating, "I am honored to join CLEAR at such an exciting time, and I look forward to working with Caryn and the entire team to drive the company’s growth."
Welcoming Jen Hsu as Chief Financial Officer
In a complementary move, CLEAR has also appointed Jen Hsu as Chief Financial Officer, effective the same date. Jen brings exceptional financial expertise, previously serving at Chewy as the Vice President overseeing Corporate Development and Investor Relations. Her experience at financial powerhouses like JPMorgan and Goldman Sachs further validates her capability to spearhead CLEAR's financial strategies.
Prioritizing Growth and Innovation
Jen Hsu remarked on her excitement about joining CLEAR, stating, "Joining CLEAR at this pivotal moment is an exciting opportunity, and I’m honored to help shape its next chapter." Her focus will be on enhancing financial strategies and driving innovation, ensuring that CLEAR continues to set the standard for secure identity across various sectors. This strategic shift in leadership is expected to bring new energy and direction as CLEAR aims to strengthen its market presence even further.
The Future of CLEAR
Jeffery H. Boyd, the Lead Independent Director of CLEAR, acknowledged Ken Cornick's foundational role and contributions as a co-founder. He expressed confidence in the transition, stating, "We look forward to working with Ken in his advisory role and are fortunate to have Michael Barkin and Jen Hsu join the CLEAR management team." This leadership transition is indicative of CLEAR's long-term vision and commitment to creating frictionless experiences for its members, whether they are traveling, attending events, or accessing services through their devices.
CLEAR's Commitment to Security and Privacy
At the core of CLEAR's mission is the goal to create safe, easier experiences for its ever-growing membership. With a focus on privacy and security, CLEAR ensures that members retain control of their personal information and never sell member data. This ethos underscores the company's commitment to building trust and fostering a secure environment for its customers.
Frequently Asked Questions
What recent changes were announced in CLEAR's leadership?
CLEAR announced that Michael Barkin has been appointed as President, while Jen Hsu joins as Chief Financial Officer, with Ken Cornick transitioning to an advisory role.
What is Michael Barkin's background?
Michael Barkin previously served as Executive Vice President and CFO at Vail Resorts and has experience in private equity and strategy consulting.
Who is Jen Hsu and what experience does she bring?
Jen Hsu previously served as Vice President at Chewy, managing Corporate Development and Investor Relations, and has held senior finance roles at JPMorgan and Goldman Sachs.
What does CLEAR's mission entail?
CLEAR aims to create frictionless experiences for its members and is committed to privacy and security of personal information.
How has CLEAR grown since its founding?
SINCE its founding, CLEAR has expanded from 190,000 members to over 30 million members, reflecting its significant growth in the secure identity space.
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