In-Q-Tel head resigns
- By Michael Arnone
- Apr 24, 2006
Amit Yoran resigned last weekend as CEO of In-Q-Tel, the CIA's independent venture-capital group, according to press reports today.
In In-Q-Tel's top spot only since Jan. 2, Yoran said he wanted to spend more time with his family and less time traveling to visit the group's investments nationwide, press reports said.
Yoran will continue working with In-Q-Tel as a consultant until a replacement is found, press reports said.
A rock star in the federal IT community, Yoran was president of Yoran Associates and served as national cybersecurity director from September 2003 to September 2004.
Some people in the intelligence community complain that the commercial technologies that In-Q-Tel has fostered have been worth the group's budget, which is $60 million this year, reports said.
In-Q-Tel is a private, nonprofit arm of the CIA. It identifies promising new intelligence and espionage technologies and invests in some of the entrepreneurial companies developing them.