Redhorse promotes CEO from within & gets new investor

John Zangardi, CEO, Redhorse

John Zangardi, CEO, Redhorse Courtesy of Redhorse

Redhorse Corp. moves its president up to the chief executive post after the government technology services company’s receipt of a new investment.

Redhorse Corp. has promoted its president to CEO amid the government technology services company’s receipt of a new investment by the venture firm Blue Delta Capital Partners.

Terms of that backing were not disclosed in Redhorse’s announcement Monday, which also revealed John Zangardi’s promotion to chief executive.

Zangardi is a former chief information officer at both the Homeland Security Department and Navy, plus a former acting Defense Department CIO.

Redhorse has also elevated Bryan Pruden to chief financial officer from his prior role as vice president of finance and accounting.

The company’s founder and now-former CEO David Inmon will transition to chairman of the new board of directors that includes Zangardi and two members from Blue Delta: General Partner Chris Torti and Renny DiPentima, the former SRA International CEO who sits on the investment firm's advisory board.

Blue Delta last month closed its latest fund at $215 million.