CLEAR Announces Leadership Transition: Michael Barkin Joins as President, Jen Hsu Named CFO, and Ken Cornick to Step Down
CLEAR (NYSE: YOU) announced significant leadership changes as Ken Cornick, Co-Founder, President, and CFO, transitions to an advisory role. Michael Barkin, a board member since 2019 and former EVP/CFO of Vail Resorts, will assume the role of President effective March 31, 2025. Additionally, Jen Hsu, previously VP of Corporate Development at Chewy, has been appointed as CFO.
Under Cornick's 15-year tenure, CLEAR evolved from a travel-focused platform with 190,000 members to a comprehensive secure identity platform serving over 30 million members across physical and digital experiences. Barkin brings extensive strategic and operational experience from his roles at Vail Resorts, KRG Capital, and Bain Capital. Hsu contributes significant financial expertise from her leadership positions at Chewy, JPMorgan, and Goldman Sachs.
CLEAR (NYSE: YOU) ha annunciato importanti cambiamenti nella leadership, con Ken Cornick, Co-Fondatore, Presidente e CFO, che passerà a un ruolo di consulenza. Michael Barkin, membro del consiglio dal 2019 e ex EVP/CFO di Vail Resorts, assumerà il ruolo di Presidente a partire dal 31 marzo 2025. Inoltre, Jen Hsu, precedentemente VP dello Sviluppo Aziendale presso Chewy, è stata nominata CFO.
Sotto la guida di Cornick, durata 15 anni, CLEAR è passata da una piattaforma focalizzata sui viaggi con 190.000 membri a una piattaforma di identità sicura e completa che serve oltre 30 milioni di membri in esperienze fisiche e digitali. Barkin porta un’ampia esperienza strategica e operativa dai suoi ruoli in Vail Resorts, KRG Capital e Bain Capital. Hsu contribuisce con una significativa esperienza finanziaria dalle sue posizioni di leadership in Chewy, JPMorgan e Goldman Sachs.
CLEAR (NYSE: YOU) anunció cambios significativos en el liderazgo, ya que Ken Cornick, Co-Fundador, Presidente y CFO, pasará a un rol de asesoría. Michael Barkin, miembro de la junta desde 2019 y ex EVP/CFO de Vail Resorts, asumirá el cargo de Presidente a partir del 31 de marzo de 2025. Además, Jen Hsu, anteriormente VP de Desarrollo Corporativo en Chewy, ha sido nombrada CFO.
Bajo la dirección de Cornick durante 15 años, CLEAR evolucionó de una plataforma centrada en viajes con 190,000 miembros a una plataforma de identidad segura y completa que atiende a más de 30 millones de miembros en experiencias físicas y digitales. Barkin aporta una amplia experiencia estratégica y operativa de sus roles en Vail Resorts, KRG Capital y Bain Capital. Hsu contribuye con una significativa experiencia financiera de sus posiciones de liderazgo en Chewy, JPMorgan y Goldman Sachs.
CLEAR (NYSE: YOU)는 Ken Cornick(공동 창립자, 사장 및 CFO)가 자문 역할로 전환됨에 따라 중요한 리더십 변화를 발표했습니다. Michael Barkin은 2019년부터 이사회 멤버로 활동하며 Vail Resorts의 전 EVP/CFO로, 2025년 3월 31일부터 사장직을 맡게 됩니다. 또한, Jen Hsu는 이전에 Chewy에서 기업 개발 부사장으로 재직했으며 CFO로 임명되었습니다.
Cornick의 15년 재임 기간 동안, CLEAR는 190,000명의 회원을 보유한 여행 중심 플랫폼에서 3천만 명 이상의 회원에게 물리적 및 디지털 경험을 제공하는 포괄적인 안전한 신원 플랫폼으로 발전했습니다. Barkin은 Vail Resorts, KRG Capital 및 Bain Capital에서의 역할을 통해 광범위한 전략적 및 운영 경험을 제공합니다. Hsu는 Chewy, JPMorgan 및 Goldman Sachs에서의 리더십 직책을 통해 상당한 재무 전문성을 기여합니다.
CLEAR (NYSE: YOU) a annoncé des changements significatifs dans son leadership, Ken Cornick, co-fondateur, président et CFO, passant à un rôle de conseiller. Michael Barkin, membre du conseil depuis 2019 et ancien EVP/CFO de Vail Resorts, assumera le rôle de président à partir du 31 mars 2025. De plus, Jen Hsu, auparavant VP du développement d'entreprise chez Chewy, a été nommée CFO.
Sous la direction de Cornick pendant 15 ans, CLEAR a évolué d'une plateforme axée sur les voyages avec 190 000 membres à une plateforme d'identité sécurisée et complète servant plus de 30 millions de membres à travers des expériences physiques et numériques. Barkin apporte une vaste expérience stratégique et opérationnelle de ses rôles chez Vail Resorts, KRG Capital et Bain Capital. Hsu contribue une expertise financière significative de ses postes de direction chez Chewy, JPMorgan et Goldman Sachs.
CLEAR (NYSE: YOU) gab bedeutende Führungswechsel bekannt, da Ken Cornick, Mitbegründer, Präsident und CFO, in eine Beratungsrolle wechselt. Michael Barkin, seit 2019 Mitglied des Vorstands und ehemaliger EVP/CFO von Vail Resorts, wird ab dem 31. März 2025 die Rolle des Präsidenten übernehmen. Darüber hinaus wurde Jen Hsu, zuvor VP für Unternehmensentwicklung bei Chewy, zur CFO ernannt.
Unter Cornicks 15-jähriger Amtszeit entwickelte sich CLEAR von einer reisefokussierten Plattform mit 190.000 Mitgliedern zu einer umfassenden sicheren Identitätsplattform, die über 30 Millionen Mitglieder in physischen und digitalen Erlebnissen bedient. Barkin bringt umfangreiche strategische und operative Erfahrung aus seinen Rollen bei Vail Resorts, KRG Capital und Bain Capital mit. Hsu trägt bedeutende finanzielle Expertise aus ihren Führungspositionen bei Chewy, JPMorgan und Goldman Sachs bei.
- Significant platform growth from 190,000 to 30M+ members
- New President brings extensive strategic and operational experience
- New CFO adds strong financial expertise from major firms
- Co-founder remains involved in advisory capacity ensuring continuity
- Loss of experienced co-founder from executive position
- Potential disruption during leadership transition period
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), the secure identity platform, today announced that Ken Cornick, Co-Founder, President, and Chief Financial Officer, is stepping down from his executive positions and will transition to an advisory role. Cornick helped bring CLEAR’s vision of a global secure identity platform to life – starting in travel and expanding into enterprises to make experiences safer and easier both physically and digitally. In 2010, CLEAR started with just 190,000 Members and today has over 30 million Members on our secure identity platform.
CLEAR has named Michael Barkin as President, effective March 31, 2025. Barkin has served on CLEAR’s Board of Directors since 2019, bringing deep knowledge of CLEAR’s business and extensive strategic, operational and financial leadership experience. He previously served as Executive Vice President and Chief Financial Officer at Vail Resorts, where he played a key role in the company’s growth. Prior to Vail Resorts, Barkin held roles in private equity at KRG Capital and Bain Capital, as well as in strategy consulting at Bain & Company.
CLEAR also announced that Jen Hsu has been named Chief Financial Officer, effective March 31, 2025. Hsu brings deep financial expertise, most recently serving as Vice President, Head of Corporate Development and Investor Relations at Chewy, where she led corporate finance and investor relations. She previously held senior finance leadership roles at JPMorgan and Goldman Sachs.
“From the beginning, Ken’s dedication to CLEAR’s mission has been vital, and I am grateful for his countless contributions over the past 15 years. It has been an amazing journey as we’ve scaled CLEAR and created a brand that stands for trust, safety and frictionless experiences. I look forward to his continued partnership as a valued advisor,” said CLEAR CEO, Caryn Seidman Becker. “I’m thrilled to welcome Michael as our new President for the next phase of growth at CLEAR. Michael has been a great board member and now having him as our President and my partner is invaluable. His strategic vision, leadership and deep experience scaling businesses globally will help CLEAR achieve our vision. Additionally, Jen’s financial leadership will be a tremendous asset as we continue to expand our platform and drive long-term growth in members, bookings, and free cash flow.”
“I am honored to join CLEAR at such an exciting time,” said Michael Barkin. “CLEAR has built a valuable and trusted identity platform that makes experiences safer and easier, and I look forward to working with Caryn and the entire team to drive the company’s growth.”
"Joining CLEAR at this pivotal moment is an exciting opportunity, and I’m honored to help shape its next chapter," said Jen Hsu. "CLEAR is setting the standard for secure identity across industries, and I look forward to working with Caryn, Michael, and the rest of the team to strengthen its financial strategy, drive innovation, and create lasting value for Members, partners, staff, and shareholders."
“On behalf of the Clear Secure Board, I want to thank Ken Cornick for his contributions to CLEAR as a co-founder and leader since the Company’s formation,” said Jeffery H. Boyd, Lead Independent Director. “We look forward to working with Ken in his advisory role and are fortunate to have Michael Barkin, a valued member of our Board, and Jen Hsu, an impressive finance executive, join the CLEAR management team.”
About CLEAR
CLEAR's mission is to create frictionless experiences. With over 30 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.
Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10-K. The Company disclaims any obligation to update any forward-looking statements contained herein.
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