Learn More on Lemonade's active insiders. Her foresight proved valuable: Clear Secure made its public market debut on Wednesday, and investor appetite sent shares soaring immediately upon its open. He was born in Brooklyn, New York . General Counsel, Chief Privacy Officer and Secretary. Ananda Baruah - Loop Capital Markets Operator Good morning and welcome to the Clear Second Quarter 2022 Earnings Conference Call. 2023 CNBC LLC. Caryn Seidman-Becker has been a member of our board of directors since July 2018. Search background report. When she and co-founder Ken Cornick began with CLEAR in 2010, they had a vision for a future that was both safer and more frictionless. But CLEAR doesnt want to only provide amazing travel experiences they want to make your whole life seamless. What does the future hold for the field of biometrics? But in 2002, it was almost unheard of. Verified Identity Pass, the company now known as CLEAR, was founded by Steven Brill in 2003 in an attempt to shorten the historically long lines at airports after the September 11th terrorist attacks. Her father is an economist at the Transportation Department in Washington. Clear CEO Caryn Seidman Becker discusses how biometrics are revolutionizing security in airports, stadiums and beyond, and how privacy and regulation will shape the future of identification technology. Prior to that, he was Director & Regional General Manager at Uber Technologies, Inc. (NYSE: UBER), where he oversaw ridesharing operations for various cities, states and regions across the U.S. Before that, Mr. Moshkani served as Founder and Chief Executive Officer of HireBrite, a technology company he founded that connects employers to students for jobs & internships. Kenneth Cornick has served as our President since 2010 and Chief Financial Officer since January 2020 and from our inception to 2017. When she and co-founder Ken Cornick began with CLEAR in 2010, they had a vision for a future that was both safer and more frictionless. Caryn Seidman Becker's vision to build a safer, more secure world to live, work and play came to life in 2010 when she and co-founder Ken Cornick launched CLEAR. Before CLEAR, Caryn and Ken started Arience Capital, a +$1 billion value-oriented asset management firm focused on investing in companies across a broad spectrum of industries including consumer,. From 2004 to 2012, Mr.Levine was the Associate General Counsel at Dealertrack (NASDAQ: TRAK), a software company, where he was responsible for merger and acquisition and technology transactions, and was part of the team that took Dealertrack public. Prior to that, he served as Director, Software Engineering, of Uber Technologies, Inc. (NYSE: UBER), a mobility service provider, from July 2019 to November 2020. When the financial crisis hit in 2008, Caryn - like thousands of other funds - closed her fund. We started in the hardest place: aviation. Get this delivered to your inbox, and more info about our products and services. Caryn Seidman Becker Chairman and CEO CLEAR New York, New York, United States 141K followers 500+ connections Join to connect CLEAR (by Alclear, LLC) University of Michigan Company Website. Find Caryn Seidman Becker Delta Sky September 19 2014 stock photos and editorial news pictures from Getty Images. By Penny Wrenn As the old saying goes, Dont mix business with pleasure. Based on this conventional wisdom, starting up a company with a friend is probably, well, not the wisest idea. Learn More on Caryn Seidman-Becker's contact information. This net worth estimate does not reflect any other investments that Ms. Seidman-Becker may own. Don't have an account? At my Friday night family dinner table, we. 2023 Secure Identity, LLC. Caryn Seidman-Becker is the Chairman and CEO of CLEAR. Seidman Becker stressed that everyone's . Caryn Seidman-Becker is the co-founder and CEO of CLEAR, the secure identity platform, which uses biometrics to make proving you are you simple. Please . In the last year, insiders at the sold shares 2 times. Wh en she and co-founder Ken Cornick began with CLEAR in 2010, they had a vision for a future that was both safer and more frictionless. Under her watch, Clear Secure has grown, generating $230 million in 2020 revenues from subscribers; it's in 38 airports and 26 venues nationwide. Caryn Seidman-Becker, Clear CEO, joins 'Closing Bell' to discuss travel demand and why she's bullish on the sector. You may opt-out by. I wanted to keep my family safe, our team safe, and I wanted to be part of the solution, she says. They started in the toughest environment, the airport, and today have a platform that gives more than 10 million members experiences that are secure, predictable and time-saving in more than 60 venues around the country. The New York-based company has been around for several years, but was bought out of bankruptcyand brought back to relevancein 2010 by Caryn Seidman-Becker, Clear's now-chairman and CEO. SYSTEM AND METHOD FOR USER ENROLLMENT IN A SECURE . Nicholas Peddy has served as our Chief Technology Officer since August 2022. I feel like that's my opportunity in the world: to make it a better place. When the financial crisis hit in 2008, Caryn - like thousands of other funds - closed her fund. The stock closed at $40.43, a 30% gain that puts Clears market cap at $5.8 billion and gives Seidman-Becker a stake worth approximately $826 million. Caryn led the acquisition of CLEAR in 2010 and has guided the revitalization and re-launch of the company. Clear showed resilience last year with a 78 percent member retention rate in 2020, compared to 86 percent in the pre-pandemic year of 2019. She lives in NYC with her husband Marc and three children. And it says that Clears aspiration was to be a biometric secure identity platform today in travel and tomorrow in verticals beyond., Seidman-Becker believes that Covid has accelerated contactless technology trends and consumer comfort with these tools, but some public figures are expressing concern over the privacy considerations around the biometric and health data that Clear collects. It takes a really long time to build a track record, and that can be very easily destroyed, says Seidman-Becker. View 2 Caryn Seidman-Becker and Neil Patrick Harris Photos Show Neil Patrick Harris With: David Burtka, David Furnish, Elton John, Katy Perry, Rachael Ray A lot of that friction results from the cumbersome requirements of pulling card-after-card from your wallet to prove that you are, without a doubt, you. Security and privacy, contact-tracing execution strategies and data volume will all need to be considered, according to members of Protocol's Braintrust. Caryn received a BA in Political Science from the University of Michigan. Caryn Seidman Becker Chairman and CEO CLEAR Published Jun 26, 2013 + Follow I am writing this post from an airplane after a brief family getaway before my two oldest children leave for. She lives in NYC with her husband Marc and three children. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In 2010, she and her co-founder, Ken Cornick, acquired the company out of bankruptcy and have grown it into a global company with locations in over 45 airports, hundreds of partners, and over 14 million members. Mr. Peddy has served on the Board of Directors of the Diversity Center of Seattle since January 2020. - Transparency and real-time feedback in the age of social media- The impact of COVID on CLEAR and creating CLEAR Health Pass- The importance of preparation - and EXTREME PREPARATION - on the path to excellence- Caryns ingredients for success- Her view on making money- Fill In The Blank For Excellence- And other topicsCaryn Seidman-Becker is the Chair and CEO of CLEAR, an expedited airport security service that allows its members to quickly pass through airport security lines. The Home Depot, the world's largest home improvement retailer, today announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR, to its board of directors, effective March 1, 2022. Caryn Seidman-Becker has been a member of our board of directors since July 2018. Topics Include:- What values her parents instilled in her- Her first job in NYC in risk arbitrage- Why she started her hedge fund Arience Capital Management- The decision to close Arience in late 2008- Advice for people who want to start over and pursue their passions- What is CLEAR? She bid $5.87 million at the bankruptcy option, renamed the company CLEAR, raised $150 million in capital from various investors including Delta Airlines and United Airlines, and took the company public on June 30, 2021. In addition, Mr.Cornick serves as a member of our board of directors. CLEARs Health Pass is just one more step in its mission to unlock your biometric data as your universal ID. But perhaps most importantly, they acquired a strong brand that customers genuinely appreciated. Mr. Hazenfield also previously served as vice president of HR for Staples Inc.s U.S. retail business and Staples.com. Rabbi David Kaye officiated at the St. Regis in New York. Got a confidential news tip? Previously, he spent nearly ten years at Amazon.com, Inc. (NASDAQ: AMZN), serving as Vice President of Consumable Customer Experience and Vice President of Mobile. Copyright 2022 Apple Inc. All rights reserved. We want to hear from you. We have with us here -- with us today, Ms. Caryn. Enter your email address below to get our daily insider buying and selling report. The estimated net worth of Caryn Seidman-Becker is at least $23,760.00 as of May 23rd, 2022. The corporate mailing address for Ms. Seidman-Becker and other Lemonade executives is 5 CROSBY STREET 3RD FLOOR, NEW YORK NY, 10013. What we realized quickly last March was that there was going to be another card in your wallet, and that was your vaccine card, Seidman-Becker said, noting that she had to carry a yellow fever vaccine card when she visited Kenya a few years ago, so the idea was not an entirely foreign concept when Covid hit. Seidman-Becker envisions a world where a rideshare service picks you up because it knows you and the driver is already vaccinated or recently tested negative. To help make your travels easier and more enjoyable, Ive collected the best travel tips from frequent flyers in The Female Quotient community. Caryn Seidman-Becker is the co-founder and CEO of CLEAR, the secure identity platform. Theyve also partnered with Uber to help travelers optimize their journey to the airport to catch their flight, and will soon partner with the TSA to bring pre-check services to flyers. Caryn also oversees (obsesses over) the . items of the navigation menu have some associated content which may provide additional information of interest. Chairman and Chief Executive Officer Caryn Seidman-Becker is the co-founder and CEO of CLEAR, the secure identity platform, which uses biometrics to make proving you are you simple. Download the free CLEAR app today to find locations and more. Caryn led the acquisition of CLEAR in 2010 and has guided the revitalization and re-launch of the company. CLEAR's trusted identity platform is paving the way for a future where you are you and your biometrics connect you to a secure and frictionless world. 2022 Secure Identity, LLC. . Prior to that, he served as the Director of Information Security, Compliance and Privacy at PetSmart, a pet superstore, from 2011 to 2014 and Director of Security for Sidley Austin, a law firm, from 2006 to 2011. She drives the overall direction and vision for the company as the CLEAR team works to build a world where it's simple to be you through its biometric network. Clear Secure, Inc. (NYSE: YOU) Q3 2022 Earnings Call Transcript November 14, 2022 Operator: Good morning, and welcome to CLEAR Quarter 3 2022 Earnings Conference Call. Of course, using these biological traits, or biometrics, to verify a person's identity makes some people nervous. Learn More about Caryn Seidman-Becker's net worth. Collections; Project #ShowUs; Creative Insights; Custom Content; EDITORIAL; VIDEO. Caryn leads 2000 team members who are all committed to growing CLEARs ability to create safe and easy member journeys and supporting its members, partners and communities. Advanced timed tickets are now available for the reopened 9/11 Memorial Museum. Rescued by a rebel warrior, she finds . A Division of NBCUniversal. CLEARs early investors included Delta Air Lines and United Airlines. The cofounder and CEO of biometric screening company Clear Secure had been watching the virus unfold around the world and knew she had to prepare for a time in which a fast-pass through the airport security line might not be a traveling priority. He also previously served as a special agent for the U.S. Secret Service and U.S. Army Criminal Investigative Division. Ms. Seidman-Becker has also served as a member of the board of directors and as a member of the audit committee of CME Group, Inc., a public financial market company. We are obsessed with our member experience. in Political Science from the greatest college on the planet - the University of Michigan. Its the partners that you partner with and the consistency, and then its driving that culture throughout the organization.. Using the biometric indicators you already carry on your person at all times, CLEAR is able to help verify your identity without a bunch of cumbersome forms of identification or documentation. Caryn Seidman Becker, Clear chairman & CEO Caryn Seidman Becker, Clear chairman & CEO of Integrated Biometrics strategic partner Clear, talks about the company's expansion plans to help travelers through airport security lines faster. Digital experiences are at our fingertips, streamed by the terabyte. If you're looking to find the email of Caryn Seidman Becker at Clear then you've come to the right place. The move towards a health-oriented product was not a pandemic pivot, either: Seidman-Becker says that before Covid lockdowns began, the company had started a pilot at a doctors office in Phoenix, Arizona that allowed patients to use their faces to check in for appointments. Co-founder and CEO of CLEAR Caryn Seidman-Becker attends CLEAR CONNECTS: A Day of Families Hosted by Neil Patrick Harris. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO). Photo: Matt Winkelmeyer/Getty Images Industries need to adapt to be able to bring down the risk of viruses and pathogens while also rebuilding consumer confidence during the coronavirus pandemic, Caryn Seidman-Becker, CEO of biometric identity company CLEAR, said at an Axios virtual event on Thursday. Sam Hallhas served as our Chief Product Officer since June2021. And so, after living through 9/11 and living through the financial crisis of 2008 and 2009, we think it's management's job to look around corners, she told Forbes on Wednesday. 2023 Forbes Media LLC. Some 67 organizations, including Danny Meyers Union Square Hospitality Group and the San Antonio Spurs AT&T Center, have signed on to use Health Pass for employees and customers. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years. That really is frictionless and delightful in person, she says. Kol Nidrei 5779/2018. Sign up for free newsletters and get more CNBC delivered to your inbox. Caryn and a colleague bought CLEAR's predecessor out of bankruptcy in 2010, and after raising $150 million from investors including Delta Airlines and United Airlines, she took the company public in June 2021 at a $4 billion valuation.Caryn serves on the boards of Home Depot and Lemonade, and in 2021 Forbes named Caryn the 27th wealthiest self-made woman in the United States. The most recent insider tranaction occured on November, 1st when insider John Sheldon Peters sold 4,265 shares worth more than $106,625.00. If over or misused, facial recognition technology risks a state of undetectable, constant government surveillance that can track ones movements and associations with organizations such as schools and places of worship., Seidman-Becker replied in June by saying, in part, We do not conduct passive monitoring and we do not collect images of non-members. She reiterated to Forbes that Clear will not sell or rent your data., A one-time college journalist for the Michigan Daily (she covered the sports beat), Seidman-Beckerstarted her career as a junior analyst at Arnhold and S. Bleichroeder, a New York investment shop, and by 29 shed raised $50 million to start her own hedge fund, Ariance Capital. Learn More on Lemonade's active insiders. They started in the toughest environment, the airport, and today . CS. Follow this author to stay notified about their latest stories. On the future of biometrics: "Security is a global secular challenge as [are] customer expectations and experiences. He also held HR business partner roles for Google Ads and Googles hardware business. Prior to Arience Capital, Caryn was at Arnhold and S. Bleichroeder and later with Iridian Asset Management. However, performing this kind of identity verification at scale, without compromising your privacy, is no simple task. Caryn received a BA in Political Science from the University of Michigan. Before CLEAR, Caryn and Ken started Arience Capital, a +$1 billion value-oriented asset management firm focused on investing in companies across a broad spectrum of industries including consumer, technology, aerospace and defense, and turnarounds. Hazenfield also previously served as our President since 2010 and has guided revitalization! Additional information of interest 2020 and from our inception to 2017 that genuinely. And services is 5 CROSBY STREET 3RD FLOOR, New York 2002, it was almost of. Caryn - like thousands of other funds - closed her fund CEO of CLEAR in 2010 and has the! By Neil Patrick Harris genuinely appreciated of may 23rd, 2022 the and... In the last year, insiders at the Transportation Department in Washington in 2008, was! Your universal ID board of directors since July 2018 no simple task welcome to the CLEAR Second Quarter Earnings! 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