Richard Ledgett to Step Down as Director from root9B Holdings, Inc., Effective from October 1, 2017
July 25, 2017 at 05:25 pm EDT
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root9B Holdings, Inc. announced that on July 19, 2017, immediately following the 2017 Annual Meeting of Stockholders, Richard Ledgett informed the company's Board of Directors that he had determined not to become a director, which would have become effective October 1, 2017. Mr. Ledgett informed the Board that he has determined to pursue different opportunities than originally anticipated following his service as Deputy Director and senior civilian leader of the National Security Agency and service on the Board may potentially cause a conflict of interest.
root9B Holdings, Inc., formerly root9B Technologies, Inc., is engaged in providing cybersecurity, business advisory services principally in regulatory risk mitigation, and energy and controls solutions. The Company helps clients in various industries to provide cyber operations and solutions, mitigate risk, comply with regulations, and leverage and integrate technology. It operates through three segments: Cyber Solutions, IPSA International, Inc. (IPSA)/Business Advisory Solutions, and Energy and Controls Solutions. The Cyber Solutions segment provides cyber security and technology training capabilities, operational support and consulting services. The IPSA/Business Advisory Solutions segment delivers solutions in both regulatory compliance and risk mitigation. The Energy and Controls Solutions segment works with its customers to assess, design and install processes and automation. Its services include cyber operations assessments, forensics, exploitation and defense planning.