Blackwater CEO Steps Down
Posted on Mar 2, 2009
Saying that he’s “taking on new challenges,” Blackwater Worldwide founder and CEO Erik Prince announced Monday that he’s resigning from his long-held position at the top of the security company, which has now changed its name to the spooky and sci-fi-tinged Xe.
Prince, in an e-mail to employees and independent contractors, said Danielle Esposito will become chief operating officer and executive vice president. Esposito has worked for the firm and its partners for nearly 10 years.
Blackwater/Xe’s president, Gary Jackson, is also retiring, Prince said.
The position of CEO will remain open, the company said.