DigitalGlobe CFO steps down

By on 6 May, 2014
Yancey L. Spruill

DigitalGlobe CFO Yancey L. Spruill.

 

DigitalGlobe’s chief financial officer, Yancey L. Spruill, has announced that he will step down as CFO on October 1, 2014. DigitalGlobe has commenced a search for a new CFO, and has retained Heidrick & Struggles, an executive search firm, to assist with this process.

Spruill has announced the decision following a ten-year career with the company, during which he played a key leadership role in transforming DigitalGlobe from a small, privately-held satellite imagery provider with $60 million in revenue into an NYSE-listed company with $613 million in revenue in 2013.

Spruill joined DigitalGlobe in 2004 after a career as an investment banker and as a manufacturing engineer, and has served as the company’s CFO during his entire tenure.

He has over 14 years of professional experience across several industries. He served as a principal in the Investment Banking group at Thomas Weisel Partners from 2000 to 2004. His experience includes employment in the Mergers & Acquisitions department at Lehman Brothers Inc. and in Corporate Finance department at J.P. Morgan & Company.

Previous to this, he had a successful engineering career with Corning Incorporated and The Clorox Company. He earned a Bachelor’s Degree in Electrical Engineering from Georgia Tech, and a Masters of Business Administration from the Amos Tuck School of Business at Dartmouth College.

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