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CLEAR

SVP, Corporate Development at CLEAR

New York, New York, United StatesFull-timeFinancePosted about 2 months ago

About the Role

<p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">CLEAR is building THE secure identity company of the future. Our mission is to make experiences safer and easier—physically and digitally. With more than 38 million Members and a growing network of partners across the world, CLEAR's secure identity platform is transforming the way people live, work, and travel. Whether it’s at the airport, stadium, or throughout your everyday life, CLEAR unlocks the magic of frictionless experiences.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Reporting directly to the President of CLEAR, the SVP Corporate Development will be a strategic leader shaping the future of CLEAR through strategic deals, alliances, investments and mission-critical initiatives. This is a high-impact, high-visibility role, and a unique chance for a high performing, analytically minded professional to serve as a strategic leader driving material impact at the highest levels of the organization.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">CLEAR operates at the intersection of physical and digital identity and technology. In this rapidly evolving market, CLEAR is distinguished by its well-known secure identity brand, its deep expertise in identity technology and its strong balance sheet, all providing a unique platform for investing against the future growth drivers for the business and the industry. The SVP Corporate Development will lead the strategy, sourcing, execution and integration for full acquisitions, minority investments and other deal structures. The SVP will work closely with the C-Suite and Board, lead cross-functional teams, and help to define CLEAR’s next chapter.</span></p> <hr> <p>&nbsp;</p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;"><em><strong>What you'll do:</strong></em></span></p> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Partner with executive leadership to define CLEAR’s acquisition and investment growth strategy aligned to long-term business objectives</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Own M&amp;A and minority investment execution end-to-end, including sourcing, diligence, valuation, deal structuring, negotiation, and closing</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Lead post-investment governance for minority investments, including serving as a Board Observer or Director where appropriate, overseeing strategic alignment, monitoring performance against thesis, and driving value creation post-close</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Partner with business leaders to design and oversee post-merger integration plans that maximize strategic and financial value</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Lead critical cross-functional strategic projects in partnership with the President to drive key growth initiatives across the Clear+ and Clear1 business lines</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Develop and execute strategic alliances where investments act as a catalyst for commercial pilots, product integration, or distribution partnerships that materially accelerate CLEAR’s growth</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Monitor industry trends, emerging technologies, and competitive dynamics to inform acquisition strategy</span></li> </ul> <p>&nbsp;</p> <h3><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;"><strong><em>How you’ll measure success:</em></strong></span></h3> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Highly effective internal and external stakeholder management and relationships</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Ownership of impactful M&amp;A transactions, integrations and business outcomes from deals</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Executive alignment and stakeholder engagement across cross-functional initiatives</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">A reputation as a go-to strategist and leader who is able to drive outcomes and get things done quickly</span></li> </ul> <p>&nbsp;</p> <h3><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;"><strong><em>What you’re great at:</em></strong></span></h3> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">12+ years of experience independently leading all aspects of corporate development and M&amp;A transactions, preferably within consumer, travel or technology (Private Equity, Growth Equity and Corporate Development preferred)</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Successful deal sourcing and relationship building to drive deal pipeline</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Rigorous data-driven approach to strategic evaluation, due diligence and financial modeling&nbsp;</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Proven ability to lead complex, high-stakes projects involving multiple stakeholders</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Executive presence and crisp communication style- you’re comfortable in the room with internal and external C-level leaders and can influence teams across levels</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">A builder and problem-solver who is comfortable with ambiguity, fast-moving priorities, and scaling environments</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Humble, hard working and mission-driven with commitment to learn, grow, and take on increasing responsibility</span></li> </ul> <p>&nbsp;</p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;"><em><strong>How You'll be Rewarded:</strong></em></span></p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">At CLEAR, we help YOU move forward - because when you’re at your best, we’re at our best. You’ll work with talented team members motivated by our mission of making experiences safer and easier. Our offices are bright and energetic with an open concept and plenty of conference rooms and casual co-working spaces. We also offer catered lunches every day and have fully stocked kitchens. Outside of the office, we invest in your well-being and learning &amp; development with stipends and reimbursement programs.&nbsp;</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">We offer holistic total rewards, including comprehensive healthcare plans, family-building benefits (fertility and adoption/surrogacy support), flexible time off, annual wellness stipend, free OneMedical memberships for you and your dependents, a CLEAR Plus membership, and a 401(k) retirement plan with employer match. The total compensation range for this role is $800,000.00 - $950,000.00, depending on levels of skills and experience.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><em>This range represents the combined base salary, annual bonus incentive, and new hire equity package (in Restricted Stock Units) for this position at CLEAR. Additionally, this role will be eligible for refresh equity grants as part of our ongoing compensation program. Actual compensation will vary based on factors including, but not limited to, location, education, skills, experience, and performance. All stock based compensation will be subject to the terms and conditions of applicable agreements.</em></span></p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;"><em><span style="font-weight: 400;">CLEAR provides reasonable accommodation to qualified individuals with disabilities or protected needs. Please let us know if you require a reasonable accommodation to apply for a job or perform your job. Examples of reasonable accommodation include, but are not limited to, time off, extra breaks, making a change to the application process or work procedures, policy exceptions, providing documents in an alternative format, live captioning or using a sign language interpreter, or using specialized equipment.</span></em></span></p> <p>&nbsp;</p>