Feral Jundi

Wednesday, June 1, 2011

Industry Talk: Xe Gets A New CEO And Some New Blood

Xe is starting to infuse some new blood into their game. Red McCombs, John Ashcroft and Bobby Ray Inman all make the list and here is a quick run down of each.

The Texas oil executive (Red McCombs) is a co-founder of Clear Channel Communications and a former owner of the Minnesota Vikings, Denver Nuggets and San Antonio Spurs.
In addition, former Attorney General John Ashcroft and retired Adm. Bobby Ray Inman, a former director of the National Security Agency, have been brought on board as independent directors.

Not to mention the new CEO Ted Wright who came from KBR. It will be interesting to see where the company goes from here. –Matt

Xe Services, successor to Blackwater, names new CEO
By Bill Sizemore
June 1, 2011
Xe Services, the security and training company formerly known as Blackwater, has named a new chief executive officer. He is one of several new faces joining the company as it tries to distance itself from a history of legal troubles and international controversy.
USTC Holdings, Xe’s parent company, announced Wednesday that Ted Wright will join the company as CEO effective June 13. Wright comes to Xe from Houston-based KBR, a global engineering, construction and services company, where he had been president for North American government and defense. He spent 30 years on active and reserve duty in the Air Force.

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