Clear Secure, Inc. (YOU) saw its stock price surge 8.54% in pre-market trading on Wednesday, driven by the company's impressive fourth-quarter 2024 earnings release and a significant reshuffle of its top leadership team.

The airport security technology firm reported adjusted earnings per share of $0.90, a significant beat over the Wall Street consensus estimate of $0.29. Revenue for the quarter also came in stronger than expected at $206.3 million, surpassing the $202.2 million analyst forecast. Clear Secure's upbeat Q4 results and positive Q1 revenue guidance appear to be the primary catalysts fueling the stock's pre-market surge.

Additionally, Clear Secure announced key changes to its executive leadership, with President and CFO Ken Cornick stepping down to an advisory role. Michael Barkin, formerly a board member, has been appointed as the new President, while Jen Hsu, previously the Head of Corporate Development at Chewy, will take over as CFO starting March 31st. This leadership transition also likely contributed to the stock's bullish pre-market performance.