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. I write about women who run companies, countries and currencies. The company attracted an enthusiastic user base over the next five years. Caryn also oversees . Prior to that, he served on the People Operations leadership team at Google and oversaw the HR business partner team for half of Googles tech organization. Caryn Seidman-Becker, Clear CEO, joins 'Closing Bell' to discuss travel demand and why she's bullish on the sector. We had a HIPAA-compliant back end and being so focused on being secure and scalable to the aviation business meant it was applicable to so many other businesses., Seidman-Becker says that the plan to go beyond aviation has been baked into the company since she and business partner Ken Cornick bought it out of bankruptcy in 2010. That's impressive by today's standards, given that less than 10 percent of fund managers are women. Shanah Tovah! In the last year, insiders at the sold shares 2 times. Mr.Cornick holds a Bachelor of Arts degree from Bowdoin College and serves on the Board of Trustees of LREI, a progressive independent school in New York City. And so, its a day-by-day action words are cheap. Executive Vice President, People & Performance. 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. 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. He holds a Bachelor of Science degree from Miami University and a Master of Business Administration degree from The Wharton School at the University of Pennsylvania. 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. BBC Motion Gallery; NBC News Archives; 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. Learn about the attacks and their aftermaththrough a host of online resources. This chart shows Becker Caryn Seidman's buying and selling at Lemonade by year and by quarter. With our secure identity platform, we aim to transform the way people live, work, and travel. Ms. Seidman-Becker is the Chairman and Chief Executive Officer of CLEAR, having led the acquisition and relaunch of the company in 2010. 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. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. Caryn Seidman Becker, Chairman and CEO, CLEAR: We acquired CLEAR in 2010 with the desire to leverage biometrics to drive both security and the customer experience. 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. 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. in Political Science from the greatest college on the planet - the University of Michigan. Caryn Seidman Beckers 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. The company launched its Health Pass in March of 2021. Caryn received a BA in Political Science from the University of Michigan. 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. Download the free CLEAR app today to find locations and more. As the coronavirus pandemic continues to have a grasp on our everyday lives, security companies like Clear are developing gateways to normalcy right from our smartphones and its CEO is doing so. Since 9/11, those two things have largely been in opposition; that which has improved security has challenged the customer experience and that which has given greater frictionless . Learn More about Caryn Seidman-Becker's net worth. Clear CEO Caryn Seidman-Becker. They sold a total of 14,802 shares worth more than $454,872.85. Caryn Seidman-Becker is the co-founder, chairman and CEO of CLEAR, and Nick Martell is the co-founder of MarketSnacks. - 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. It takes a really long time to build a track record, and that can be very easily destroyed, says Seidman-Becker. 13:04. 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. Lemonade can also be reached via phone at 844-733-8666 and via email at [emailprotected] Learn More on Caryn Seidman-Becker's contact information. But if Caryns story teaches us anything, its that with insatiable curiosity, transparency, determination - and was she describes as being indefatigabel - you can accomplish your wildest dreams.In this episode, Randall and Caryn discuss how her childhood experiences and time attending the University of Michigan shaped her future, the importance of great teachers and mentors, the ability to overcome challenges and make tough decisions, the experience of buying a bankruptcy company and turning CLEAR into a company with $450 million in annual revenues, and advice for female entrepreneurs trying to find funding. Before joining CLEAR, Mr. Peddy served as Managing Director, Chief Technology Officer, Payments, Consumer and Community Banking of JPMorgan Chase & Co. (NYSE: JPM), a multinational investment bank and financial services holding company, from November 2020 to August 2022. She drives the overall direction and vision for the company as the CLEAR team works to build a connected world that is smarter and more secure. Caryn Seidman-Becker is cofounder and CEO of Clear Secure, which uses identification technology for security checkpoints at airports and stadiums. 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. These relationships helped CLEAR better integrate with the airlines various verification points, from check-in to boarding to airport lounges. Caryn Seidman-Becker took over Clear in 2010 with her partner and co-founder Ken Cornick. However, that wasnt the end of CLEARs story. 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. Richard N. Patterson Jr. has served as our Chief Information Security Officer since December 2020. Earlier in his career, he worked in investment banking and private equity investing at Grail Partners. That's how I send my kids off to school every day, and being part of the solution is very empowering., This is a BETA experience. Caryn Seidman Becker is chairman and CEO of Clear, which provides security clearance screening for airports and stadiums. Boards are the best place to save images and video clips. Since day one, we've come together with the mission to build faster, frictionless experiences. Learn More on Caryn Seidman-Becker's trading history. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. That's what we're building.". He also previously served as a special agent for the U.S. Secret Service and U.S. Army Criminal Investigative Division. CS. Don't have an account? Nicholas Peddy has served as our Chief Technology Officer since August 2022. Download the free CLEAR app today to find locations and more. 2022 Secure Identity, LLC. But while Clear is best known for facial-scanning tools that let users bypass long TSA lines and sees its largest member acquisition channel through airportswhich drove 72% of new subscriptions in 2020, and 62% in 2019 Seidman-Becker said Wednesday that she hopes that one day, aviation is her companys smallest vertical. 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. Yet commerce has no shortage of business buddiesfrom Ben and Jerry (grade-school friends) to Hewlett and Packard (college pals). Her father is an economist at the Transportation Department in Washington. 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. 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. Please . 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. In 2004, Caryn created The Happy Elephant Foundation which supports education, child wellness, and the New York City community, and she serves on the Board of Trustees of the 9/11 Memorial & Museum and on the board of the Department of Pediatrics at Mount Sinai Hospital in New York. They started in the toughest environment, the airport. Prior to CLEAR, he was a partner at Arience Capital from 2003 to 2009. Mr.Patterson holds a Bachelor of Arts degree from California State University, Fullerton, and a Masters in Computer, Network and Information Security from DePaul University. Heck, even []. Rescued by a rebel warrior, she finds . He holds a Bachelor of Arts degree from Harvard University and a Master of Business Administration degree from the University of Chicago Booth School of Business. Lemonade's insider roster includes Timothy Bixby (CFO), Michael Eisenberg (Director), John Peters (Insider), and Caryn Seidman-Becker (Director). Get this delivered to your inbox, and more info about our products and services. becker @ clearme.com, becker @ clearme.com, or c becker @ clearme.com? Prior to joining CLEAR, Mr.Perrin was the Vice President, Corporate Development and Head of Global Strategic Partnerships at WeWork Inc. (NYSE: WE), a provider of coworking spaces, from 2017 to 2019. When she was just 29, Seidman Becker started her own hedge fund. Craig Hazenfield has served as our Executive Vice President, People & Performance since June 2021. All rights reserved. All Rights Reserved. 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. SYSTEM AND METHOD FOR USER ENROLLMENT IN A SECURE . She owns a 20% stake in Clear Secure and also sits on the board of fintech Lemonade. They started in the toughest environment, the airport, and today . Caryn Seidman-Becker is currently . 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. September 19, 2018. Ken is President and Co-Founder of CLEAR. In a May letter to Clear, Senators Jeff Merkley and Cory Booker noted, Though there are some potential benefits and expediencies, this technology can also be utilized widely and passively in such a way that eludes consumers awareness, permission, or the ability to opt out. When the financial crisis hit in 2008, Caryn - like thousands of other funds - closed her fund. 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. Take Caryn Seidman-Becker, CEO of the biometric identity company CLEAR. Caryn Seidman-Becker is the co-founder and CEO of CLEAR, the secure identity platform. Caryn Gail Seidman, a daughter of Laurie Seidman and Daniel Seidman, both of Rockville, Md., was married last evening to Marc Evan Becker, a son of Sharon and Jerry Becker of East. Caryn Seidman-Becker is Chairman/CEO/Co-Founder at Clear Secure Inc. See Caryn Seidman-Becker's compensation, career history, education, & memberships. 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. As a subscriber, you have 10 gift articles to give each month. 2023 CNBC LLC. The challenge was to build a new company around that goodwill. Ms. Seidman-Becker owns 1,500 shares of Lemonade stock worth more than $23,760 as of January 18th. 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. 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. If you're looking to find the email of Caryn Seidman Becker at Clear then you've come to the right place. Categories. 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. In buying Verified Identity Pass, Seidman-Becker acquired some hardware and existing profiles of 190,000 prior members. 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. 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? Kasra Moshkani has served as our Executive Vice President, Operations since June 2021. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. TimesMachine is an exclusive benefit for home delivery and digital subscribers. The story behind changing retail numbers, with Former DVF CEO Sandra Campos, Moderna's mRNA RSV vaccine propels stock gains, CNBC's investment committee on the Fed's data dependency, The upside in 2023 is going to be driven by earnings, says NewEdge's Rob Sechan. From 2011 to 2014, Mr.Perrin was an associate at Skadden, Arps, Slate, Meagher& Flom LLP, an international law firm. Under her watch, Clear Secure has grown, generating $230 million in 2020 revenues from subscribers; it's in 38 airports and 26 venues nationwide. On the future of biometrics: "Security is a global secular challenge as [are] customer expectations and experiences. CLEAR, the secure identity platform, makes it simple to be you by using biometrics to create secure, connected and frictionless experiences . Newly enrolling active military, veterans, and government officials are also eligible for discounted memberships, and additional family members can be added to an existing CLEAR Plus account for . Superwoman Does Exist, And She Looks A Lot Like This CEO, How Persistence Motivates This CEO To Soar Even Higher, Friends In Business Together: 4 Success Stories, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 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. 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. Keynote Tomorrow's Seamless & Secure Journey (48050021676).jpg 4,800 3,203; 11 MB Address by Marc Becker. Caryn Seidman-Becker is the Chairman and CEO of CLEAR. See Who Could Benefit From the Flow of Money. 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. caryn seidman becker has 68 books on Goodreads, and is currently reading Radical Remission: Surviving Cancer Against All Odds by Kelly A. Turner, The Cof. Links: www.forbes.com. She holds a Bachelor of Science in Political Science from the University of Michigan. Caryn led the acquisition of CLEAR in 2010 and has guided the revitalization and re-launch of the company. Get notified the next time Caryn Seidman-Becker buys or sells Lemonade stock. When I tell people outside of our Park Avenue Synagogue community about my new role as Chairman, the reaction . With over 2MM members and 1,200 . Co-Founder and President of CLEAR Ken Cornick and Co-founder and CEO of CLEAR Caryn Seidman-Becker speak during CLEAR CONNECTS: A Day of Families. We have with us here, Ms.. Seidman-Becker emphasizes the companys commitment to privacy and the importance of communicating its privacy policies in clear human language. Learn More on Lemonade's active insiders. But eventually, you have to leave the comfort of your home and get on a plane or renew your drivers license, and you remember just how clunky modern life can be. Fri, Jan 6 20233:53 PM EST RELATED 04:37 Travel is in major growth mode,. 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. Wondering if it's caryn @ clearme.com, caryn. Millions of high-quality images, video, and music options are waiting for you. Esri's Dr. Este Geraghty, Intel's Dr. Michael McManus, Novartis' Dr. Shahram Ebadollahi, CLEAR's Caryn Seidman-Becker, Applied XL's Francesco Marconi and Heal's Dr. Renee Dua weigh in. A former hedge fund manager, she and a. Learn More about insider trades at Lemonade. He leads the companys Finance, Insights and Analytics, Operations, and Security organizations. The whole world arrives at our doorstep or is piped into our devices so seamlessly that, at times, it truly feels as though were living in a sci-fi future. 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. Prior to joining CLEAR, Mr.Patterson was the Head of Security Operations, Head of Risk at Bridgewater Associates, an investment management firm, from 2014 to 2020. Caryn also oversees (obsesses over) the . 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. 2023 Forbes Media LLC. In addition, it operates as an agent for other insurance companies. You may opt-out by. These sections can be located by jumping to the level 3 heading which follows each sub-menu. Today, CLEAR has five million members, and powers frictionless experiences at 60+ U.S. airports, stadiums, and other locations nationwide. April 29, 2018: Every "no" is an opportunity and always ask for one more. Clear partnered with United. In 2020, these initiatives drove $230.8million in revenue, up 20% over 2019 (though the company did record a net loss of $9.3 million, an improvement over 2019s $54.2 million loss). CLEAR CEO, Co-Founder, and Chairman Caryn Seidman-Becker joined Scarlet Fu, Bloomberg Television and Bloomberg QuickTake host, for an online conversation on Friday, January 28, 2022, as part of the Cornell Tech @ Bloomberg Speaker Series. When Covid lockdowns took hold last March and sent the global travel industry to a sputtering halt, Caryn Seidman-Becker was not entirely surprised. 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. 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. 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 Caryn Seidman-Becker, Clear CEO, joins 'Closing Bell' to discuss travel demand and why she's bullish on the sector. 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 Credit: NYSE). Mr.Levine began his career as an associate at LeBoeuf, Lamb, Greene& MacRae, LLP, an international law firm. He graduated cum laude from the University of Pennsylvania. 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. Whitepages people search is the most trusted directory. The "NEW" Oil and Gas Crisis: Lack Of Lithium. View phone numbers, addresses, public records, background check reports and possible arrest records for Caryn Becker. A former hedge fund manager, she and a colleague bought Clear's predecessor out of bankruptcy in 2010. 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. (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.. She loved managing money, but decided to do something different - buy . Learn More on Lemonade's active insiders. She earned her B.A. 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. 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. I think people have really started to understand the power of a secure identity platform, both in travel and beyond, Seidman-Becker says. All rights reserved. She lives in NYC with her husband Marc and three children. Later that day, you have a telehealth appointment with your doctor where sensitive medical information is discussed. We are in a global lithium crisis that's going to get far worse. I wanted to keep my family safe, our team safe, and I wanted to be part of the solution, she says. Chairman of the Board, Park Avenue Synagogue. 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. There are so many different words that we bat around here. She lives in NYC with her husband Marc and three children. We started in the hardest place: aviation. Mr.Levine holds a Bachelor of Arts degree from the University of Michigan and a Juris Doctor from the University of Chicago Law School. Following the completion of the sale, the director now directly owns 25,000 shares of the company's stock, valued at $2,670,000. But, in 2008, Verified Identity Pass declared bankruptcy and ceased operations the following year. Listed under the ticker YOU (a nod to the companys motto: you are you), Clear begins its life on the public market as travel inches closer to pre-pandemic levels, with the TSA processing more than 2 million travelers in four out of the last eight days. What Does The Future Hold For Biometrics? That really is frictionless and delightful in person, she says. The Celebrities On Forbes 2022 List Of Richest Self-Made Women, The Newcomers On Forbes 2022 List Of Americas Richest Self-Made Women, As Clear Secure Takes Off In $4.5 Billion IPO, CEO Caryn Seidman-Becker Eyes A Frictionless Future, Defining Success For Yourself 10 Career Insights From The Women Rule Summit, Elon Musk And The Pitfalls Of Creative Leadership, How This Female Black Venture Capitalist Is Changing The Investment Landscape, Hertz Is Now The First Rental Car Company To Use Biometric Technology, Biometric Technology Is Taking Off As 77% Of Airports and 71% Of Airlines Review Digital ID Options. 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. Caryn Seidman-Becker is the Chairman and CEO of CLEAR. After raising capital from investors including airlines Delta and United, she took the company public in June 2021 at a $4 billion valuation. The 9/11 Memorial & Museum relies on the generosity of its donors and visitors, including corporate members, to support its mission. Become a Member Support our mission and receive exclusive admission benefits including free and expedited entry for you and your guests. Her mother is a budget analyst for the Immigration and Naturalization Service in Washington. Biography of Caryn Seidman-Becker Founder of Secure Identity LLC and Clear Secure, Inc., Caryn Seidman-Becker currently occupies the position of Chairman & Chief Executive Officer of Secure Identity LLC and Chairman & Chief Executive Officer for Clear Secure, Inc. She is also on the board of Lemonade, Inc. What does the future hold for the field of biometrics? But perhaps most importantly, they acquired a strong brand that customers genuinely appreciated. 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. Security and privacy, contact-tracing execution strategies and data volume will all need to be considered, according to members of Protocol's Braintrust. Caryn led the acquisition of CLEAR in 2010 and has guided the revitalization and re-launch of the company. Of January 18th and selling at Lemonade by year and by quarter, in 2008, Verified identity,. Caryn Becker Seidman-Becker took over CLEAR in 2010 delivered to your inbox, and other locations nationwide co-founder Cornick... The Immigration and Naturalization Service in Washington can be located by jumping to the level 3 heading which follows sub-menu... 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