page_title: Academi
section_title: 2009–2010: Xe Services LLC
hierarchical_section_title: Academi / History / 2009–2010: Xe Services LLC
context_page_description: Academi is an American private military company founded in 1997 by former Navy SEAL officer Erik Prince as Blackwater, renamed as Xe Services in 2009 and known as Academi since 2011 after the company was acquired by a group of private investors. The company received widespread notoriety in 2007, when a group of its employees killed 14 Iraqi civilians and injured 20 in Nisour Square, Baghdad for which four guards were convicted in a U.S. court.
  Academi provides security services to the United States federal government on a contractual basis. Since 2003, the group has provided services to the Central Intelligence Agency. In 2013, Academi subsidiary International Development Solutions received an approximately $92 million contract for State Department security guards.
  In 2014, Academi became a division of Constellis Group along with Triple Canopy and other security companies that were part of the Constellis Group as the result of an acquisition.
context_section_description: In February 2009, Blackwater announced that it would be once again renamed, this time to "Xe Services LLC", as part of a company-wide restructuring plan. Subsequently, it reorganized its business units, added a corporate governance and ethics program, and established an independent committee of outside experts to supervise compliance structures.
  Prince announced his resignation as CEO on March 2, 2009. He remained as chairman of the board but was no longer 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.
  In 2009, Prince announced that he would relinquish involvement in the company's day-to-day business in December, along with some of his ownership rights.
caption: Xe logo