For anyone still tracking Blackwater (I’m still watchful), you may recall that they changed their name back in 2009 due to all the bad publicity they were getting. It was changed again in December 2011, and Blackwater is now known as ‘Academi’, a misleadingly innocuous name by intention.
Blackwater –>Xe Services LLC –>Academi
Meanwhile, Blackwater founder, Erik Prince, went off and moved to the Middle East in a snit over Blackwater’s poor reputation in the U.S., well deserved as it was. From Academi’s Wiki page:
Prince announced his resignation as CEO on March 2, 2009. He will remain as chairman of the board but will no longer be involved in day-to-day operations. Joseph Yorio was named as the new president and CEO, replacing Gary Jackson as president and Prince as CEO. Danielle Esposito was named the new chief operating officer and executive vice president.[30]
In 2009, Prince announced that he would relinquish involvement in the company's day-to-day business and in December along with some of his ownership rights. He is also considering becoming a teacher.[31] In late 2010, Prince moved to Abu Dhabi to be able to spend more time with his family.[32]
In 2011 former NSA head and CIA executive Bobby Ray Inman became the head of Xe's board of directors.[33] In May 2011, Xe named Ted Wright as CEO.[34] Wright hired a new governance chief to oversee ethical and legal compliance and established a new board composed of former government officials, including Jack Quinn, former Clinton adviser, and John Ashcroft.[35] In June, 2011 the company named Suzanne Folsom its chief regulatory and compliance officer and deputy general counsel.[36] In July, Jack Quinn, former White House Counsel to President Bill Clinton and former Chief of Staff to Vice President Al Gore, was named as an Independent Director of the company.[37]
In December 2011, Xe changed its name again to "Academi". The name refers to Plato's Academy[2] and is meant, according to Ted Wright, to reflect a more "boring" image.[38]





















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