Blackwater Founder Steps Down as CEO

Now called Xe, security company regroups, changes focus

By Katherine Thompson, Newser Staff

Posted Mar 2, 2009 11:30 AM CST

(Newser) – Blackwater Security founder Erik Prince stepped down today as CEO of the private security company he built into one of the world's most respected—only to see it become reviled for a 2007 Baghdad massacre in which his testimony incurred congressional wrath, the AP reports.... Read full story »

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Blackwater Founder Steps Down as CEO

Now called Xe, security company regroups, changes focus

Iraq • CEO • Blackwater • resignation • Erik Prince

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More Newser Stories

Iraq Will Sue Blackwater Guards

Dismissal of manslaughter charges leaves Baghdad irate

Blackwater Helped CIA With Covert Raids

Guards took part in missions against suspected insurgents

Embattled Blackwater Maneuvering to Expand Role

Seeks new contracts despite massacre

Iraqis Vow to Prosecute Blackwater

Blackwater deaths called 'deliberate killings'

Maliki Again Takes Aim at Blackwater

Security firm no longer ‘valid’ in Iraq in wake of incidents, PM says

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