Root9B Holdings, Inc. Announces Resignation of Joseph Grano as Chief Executive Officer
April 13, 2017 at 04:21 pm EDT
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On April 7, 2017 Joseph Grano Jr., Chief Executive Officer of root9B Holdings, Inc. informed the Board of Directors of the company that he intends to step down as Chief Executive Officer following the expiration of his current employment agreement on May 25, 2017. It is expected that Mr. Grano will continue as a director of the company and serve as nonexecutive Chairman of the Board following his tenure as Chief Executive Officer. To succeed Mr. Grano, the Board appointed Eric Hipkins, President of root9B LLC, a wholly owned subsidiary of the company, as Chief Executive Officer, effective May 25, 2017. Mr. Hipkins, has served as Chief Executive Officer of root9B LLC since 2011 and a director of the Company since August 2016.
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.
ROOT9B HOLDINGS, INC. 
