August 29, 2006 12:47 PM PDT
Intel exec to lead CIA capital arm
Intel executive and security industry veteran Christopher Darby has signed on to become the next chief executive officer at In-Q-Tel, the CIA's venture capital arm, In-Q-Tel said in a statement Tuesday. Darby was vice president of Intel's middleware products division and has held senior positions at security companies Sarvega, which was bought by Intel, and @stake, which was acquired by Symantec. He will take the helm at In-Q-Tel on Sept. 18, according to the statement.
In-Q-Tel had been looking for a new chief executive since April, when former U.S. cybersecurity chief Amit Yoran resigned only four months after his appointment. In-Q-Tel is charged with funding and developing new technologies for the intelligence community. Yoran resigned for personal reasons. For its CEO search, In-Q-Tel retained the services of the executive search firm Heidrick and Struggles.