PEOPLE

Spires moves from Learning Tree board to the C-suite

Richard Spires, the former CIO of the Homeland Security Department, has been named CEO of Learning Tree, the financially troubled IT and management training firm.

Spires most recently was CEO of Resilient Network Systems, but he has served on Learning Tree’s board since 2013.

He replaces David Collins, who is resigning but will remain chairman of the board and act as an advisor to company management.

“As we worked together on Learning Tree’s board over the past two years, I am impressed with Richard’s intelligence and his grasp of the company’s business,” Collins said in the company’s announcement.

In July, Learning Tree announced that NASDAQ was delisting the company because it no longer met their requirements for being publicly traded. The company moved to the OTCQX U.S. Market.

The company fell out of NASDAQ compliance when it longer met the equity requirement of $10 million. On the OTC market, the company is currently trading at $1.36 a share. Its 52-week range is 90 cents to $2.52. Its market value is about $16.4 million.

Spires was DHS CIO from 2009 to 2013 and gained a reputation for pushing for more efficient and effective management of the department's disparate IT systems. He also served as vice chairman of the Federal CIO Council and co-chair of the Committee for National Security Systems, which sets the standards for federal classified systems.

He also served at the IRS from 2004-2008, where he was CIO. He also led the IRS Business Systems Modernization program.

In the private sector, he was president and chief operating office of Mantas, a software company that was formed by SRA International and Safeguard Scientific in 2001. In total, he spent 16 years working at SRA.

Spires joined Resilient Network Systems in 2013 after leaving DHS. Resilient is a cybersecurity firm that enables trusted networks for better information sharing.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Fri, Oct 9, 2015

He's a really strong executive, but the company may not be up for renewal. Its carcass could be easily sold to a large firm

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.