Longmont, Colo., September 13, 2004 – DigitalGlobe®, provider of the world’s highest resolution commercial satellite imagery and geospatial information products, has named a new chief financial officer (CFO) to its executive team.
Yancey Spruill joins DigitalGlobe as the company’s new CFO, bringing over 14 years of professional experience across several industries to the DigitalGlobe team. He comes to DigitalGlobe having most recently served as a principal in the Investment Banking group at Thomas Weisel Partners. Additionally, Spruill’s prior investment banking experience includes Lehman Brothers and J.P. Morgan & Company. Spruill also brings a strong operations background to DigitalGlobe, having had a successful engineering career with Corning Incorporated and The Clorox Company.
According to Henry Dubois, DigitalGlobe president and chief operating officer, “With the company’s ongoing growth it is imperative that we have increased depth and breadth on our management team. Having Yancey on board provides us additional financial expertise, while allowing me the opportunity to continue spending significant time with our valued customers and partners.”
“Yancey brings significant expertise to the DigitalGlobe executive team, and will play an integral role in transitioning DigitalGlobe to higher levels,” said Herb Satterlee, DigitalGlobe CEO and chairman. “I’m pleased to round out our management team’s attributes with Yancey’s qualities.”
“I am delighted to work with DigitalGlobe’s world-class management team, and excited about the opportunity to contribute to the company’s vibrant future,” said Spruill.
Spruill earned a bachelor’s degree in electrical engineering from Georgia Tech, and a Master’s of Business Administration from the Amos Tuck School of Business at Dartmouth College.
DigitalGlobe is the clear leader in the global commercial Earth imagery and geospatial information market. The company’s technical superiority and innovation, unparalleled commitment to customer service, extensive business partner network and open systems philosophy make DigitalGlobe the preferred supplier of satellite and aerial imagery and value-added products. In 2001, DigitalGlobe launched what remains the world’s highest resolution commercial satellite today, QuickBird. The company will launch its next-generation WorldView system no later than 2006, while the competition has no plans to launch a satellite comparable to either QuickBird or WorldView before 2008. QuickBird has collected and stored in its ImageLibrary hundreds of thousands of Earth image scenes covering over a hundred million square kilometers, and collects an additional one million square kilometers each week. These new and historical images are essential for customers who map and plan for change in our world. DigitalGlobe is based in Longmont, Colo., USA. For more information visit www.digitalglobe.com.