They sold a total of 14,802 shares worth more than $454,872.85. General Counsel, Chief Privacy Officer and Secretary. items of the navigation menu have some associated content which may provide additional information of interest. Streamline your workflow with our best-in-class digital asset management system. Caryn G Seidman Rockville, MD. The Getty Images design is a trademark of Getty Images. Craig Hazenfield has served as our Executive Vice President, People & Performance since June 2021. Caryn Seidman-Becker took over Clear in 2010 with her partner and co-founder Ken Cornick. And so, its a day-by-day action words are cheap. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world, Caryn Seidman-Becker, CEO, Co-Founder, and Chairman of CLEAR. Earlier in his career, he worked in investment banking and private equity investing at Grail Partners. Support our mission and receive exclusive admission benefits including free and expedited entry for you and your guests. Become a Member Support our mission and receive exclusive admission benefits including free and expedited entry for you and your guests. Kol Nidrei 5779/2018. 2023 CNBC LLC. Learn More on Caryn Seidman-Becker's trading history. That could be Saturday at 2:00 PM when Im at my sons soccer game.. Ken is President and Co-Founder of CLEAR. A former hedge fund manager, she and a colleague bought Clear's predecessor out of bankruptcy in 2010. Take Caryn Seidman-Becker, CEO of the biometric identity company CLEAR. But in 2002, it was almost unheard of. In late 2021, CLEAR made its first acquisition purchasing Argentinian virtual queuing company Whyline. Search background report. It takes a really long time to build a track record, and that can be very easily destroyed, says Seidman-Becker. While these statistics havent escaped Seidman-Beckers attention, more important to her than being a female leader is being an entrepreneur working to help society move safely out of a pandemic that has changed so much about American life. 2023 Secure Identity, LLC. The company launched its Health Pass in March of 2021. Yet commerce has no shortage of business buddiesfrom Ben and Jerry (grade-school friends) to Hewlett and Packard (college pals). Ms. Seidman-Becker owns 1,500 shares of Lemonade stock worth more than $23,760 as of January 18th. The most recent insider tranaction occured on November, 1st when insider John Sheldon Peters sold 4,265 shares worth more than $106,625.00. Investor Seidman-Beckers journey with CLEAR began the following year when she and co-founder Ken Cornick bought Verified Identity Pass at a bankruptcy sale and subsequently relaunched it. - 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. 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. Enter your email address below to get our daily insider buying and selling report. New York, NY 10007View on map. 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. His mother teaches reading at Dickinson Avenue Elementary School in Northport, N.Y. His father is the chief financial officer for Masters, clothing wholesalers and retailers based in Westbury, N.Y. See the article in its original context from. If it was good enough to get on a plane, where identity and security are paramount, clearlyno pun intendedit's good enough that to check in at the doctor's office. Leading the way is the just-signed Inflation Reduction Act of 2022. She shared the story of how she and her co-founder resurrected CLEAR, transforming it into one of the biggest players in the identity space. Just like OPEC and Russia control the price and supply of oil and gas, China has the U.S. in a chokehold when it comes to lithium. After pricing at $31 per share Tuesday nightabove the $27- to $30-per-share range it had targeted and giving the IPO a $4.5 billion valuationClears stock opened for trading on the New York Stock Exchange at $38.55 just before 11am ET, and hit $42.10 by noon. Single Family; Six bedrooms, 7.5 bathrooms; Lot Size - 6,970 sqft, Floor Size - 2,149 sqft; Parcel ID# 090933204017; . But perhaps most importantly, they acquired a strong brand that customers genuinely appreciated. Caryn Seidman-Becker, cofounder, chairman and CEO of Clear Secure, rings the opening bell of the New York Stock Exchange alongside NYSE president Stacey Cunningham Wednesday morning (Photo. All Rights Reserved. Caryn received a BA in Political Science from the University of Michigan. Anyone can read what you share. Organize, control, distribute and measure all of your digital content. President, Chief Financial Officer and Director. Caryn Seidman-Becker is the Chairman and CEO of CLEAR. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Mrs. Seidman Becker, 26, is a vice president and senior analyst at Iridian Asset Management, a money management company in Westport, Conn. She graduated from the University of Michigan. CLEARs values and leadership principals are a reflection of Caryns early roots and exposure to the leaders and companies that she invested in throughout her career. 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. Caryn Seidman-Becker: No, we consider CLEAR a secure identity platform which is using biometrics to make the world safer and easier to navigate, secure and frictionless. I write about women who run companies, countries and currencies. Click here to see how the prices may explode. Whitepages people search is the most trusted directory. 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 Co-founder and CEO of CLEAR Caryn Seidman-Becker attends CLEAR CONNECTS: A Day of Families Hosted by Neil Patrick Harris. This is her most recent career path, having traveled from finance to flight safetywith a few bumps in betweensince graduating from U-M in 1994. Heck, even []. Caryn Seidman Becker is chairman and CEO of Clear, which provides security clearance screening for airports and stadiums. There are a lot of ways that this scale of biometric data collection and transmission can go wrong, but protecting our members privacy is job one at CLEAR, says Seidman-Becker. That's impressive by today's standards, given that less than 10 percent of fund managers are women. Of course, using these biological traits, or biometrics, to verify a person's identity makes some people nervous. In todays COVID-19 world, organizations of all shapes and sizes must now confirm not only your identity, but also information about your vaccine status, proof of a negative COVID-19 test, or other important public health information. Caryn Seidman-Becker. These relationships helped CLEAR better integrate with the airlines various verification points, from check-in to boarding to airport lounges. That's what we're building.". Enter the password that accompanies your username. 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. CLEAR pledges not to rent or sell or share your data you remain in control of your information and can delete it at any time. Founders: Caryn Seidman-Becker (CEO), Ken Cornick Launched: 2010 Headquarters: New York City Funding: $150 million (PitchBook) Valuation: N/A Key technologies: Facial recognition Industry: Travel . The IPO activity of the first half of the year has helped inch that number forward: Bumble founder and CEO Whitney Wolfe Herd took the dating app public in February, FIGS founders Trina Spear and Heather Hasson brought their trendy scrubs company to market in May, and Anne Wojcicki took 23andMe public via SPAC on June 17. From 2002 to 2009, she was the Managing Partner of Arience Capital, where she built an asset management firm with $1.5 billion assets under management. Kenneth Cornick has served as our President since 2010 and Chief Financial Officer since January 2020 and from our inception to 2017. No credit card required. When the financial crisis hit in 2008, Caryn - like thousands of other funds - closed her fund. Your favorite coffee is delivered just as you arrive at your desk. Prior to that, he was the Vice President, Head of Business Development and Strategic Partnerships, Senior Director, Business Development and Director, Business Development of SoFi Technologies, Inc. (NASDAQ: SOFI), a personal finance company, from March 2016 to September 2017, May 2015 to May 2016 and October 2014 to May 2015, respectively. And so, as U.S. airline passenger volumes plunged 60%,Seidman-Becker cut the companys marketing spend, tightened the operating budget and directed the development of something called Health Pass, an in-app product that tracks users Covid-19 test results, vaccination status and answers to a real-time health survey. Ms. Seidman-Becker is the Chairman and Chief Executive Officer of CLEAR, having led the acquisition and relaunch of the company in 2010. Caryn Seidman-Becker, Clear CEO, joins 'Closing Bell' to discuss travel demand and why she's bullish on the sector. Security and privacy, contact-tracing execution strategies and data volume will all need to be considered, according to members of Protocol's Braintrust. Sign up and contribute to these living historical records of survival, recovery, and commemoration. Today, CLEARs market capitalization is $3.5 billion, landing Caryn on the Forbes list of America's Richest Self-Made Women (2021).Caryns journey to incredible success is one of pivoting, grit, instincts, determination, and leadership. She earned her B.A. Caryn Seidman Becker, CEO of CLEAR looks back at her career and points to key moments where rejection and resilience motivated her to keep reaching for her goals. (Your career) is not going to be linear, that is some of the advice that flowed at the recent Politico Women Rule Summit, where many speakers - from Nancy Pelosi to entrepreneurs and executives - focused on what is success and how do you achieve it.. Biometric ID will help us speed through airports soon, but governments still have to work out the details. With a market cap of more than $6 billion, CLEAR was the travel industrys biggest IPO last year. Prior to joining CLEAR, Mr. Moshkani was the U.S. Chief Executive Officer for OYO Hotels & Homes, a global platform for booking hotel and home stays. This net worth estimate does not reflect any other investments that Ms. Seidman-Becker may own. 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. 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. 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. Ms. Seidman-Becker is the Chairman and Chief Executive Officer of CLEAR, having led the acquisition and relaunch of the company in 2010. From 2017 to July 2019, Mr. Peddy served in multiple roles at Capital One Financial Corporation (NYSE: COF), a bank holding company specializing in credit cards, auto loans, banking, and savings accounts. Caryn Seidman-Becker, Clear CEO, joins 'Closing Bell' to discuss travel demand and why she's bullish on the sector. Caryn Becker currently lives in New York, NY; in the past Caryn has also lived in Garden City NY and Katonah NY. Access the best of Getty Images and iStock with our simple subscription plan. Today, CLEAR has five million members, and powers frictionless experiences at 60+ U.S. airports, stadiums, and other locations nationwide. We want Clear to become part of people's daily habit, to go from 12 times a year using itwhich is how people on average were using it in airportsto 12 times a day, she says. Address by Marc Becker. 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. The challenge was to build a new company around that goodwill. It. We put our emails out there. The estimated net worth of Caryn Seidman-Becker is at least $23,760.00 as of May 23rd, 2022. Advanced timed tickets are now available for the reopened 9/11 Memorial Museum. In 2002 Caryn Seidman-Becker created and ran a successful hedge fund that ultimately grew to $1.5 billion assets - an amount that was unheard of for a woman to manage at the time. 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