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Erik Prince, founder of the Blackwater Worldwide security firm, announced Monday he has resigned as head of the company, recently renamed 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.
Originally posted by MikeboydUS
Don't worry Ze will get plenty of business this summer if everything goes to heck and the poo hits the proverbial fan.
Now the question is can I resist the 60 to 75 thousand dollar annual salary.
Originally posted by nastalgik
I have talked to Prince's son, Erik Prince Jr, a couple of times in the recent months and from what I could gather I am not surprised about his. Blackwater is going down the drain fast but that doesn't mean the other contractors are screwed. The new thing is intelligence contracting I guess. Or it was a few years ago. Xe? What kind of name is that? Seriously why not actually try and sound intimidating.
Blackwater Worldwide, the controversial private-security firm based in North Carolina, is changing its tarnished name in an effort to rebrand a battered reputation.
The parent company, Blackwater Worldwide, has been renamed Xe. Blackwater Lodge & Training Center -- the subsidiary that conducts much of the company's overseas operations and domestic training -- has been renamed U.S. Training Center Inc., reports the Associated Pres.