Thursday February 14, 2013 0 comments
DENVER -The Colorado Technology Association said it has formed a CEO succession planning committee to replace Steve Foster, who recently announced he would step down as CTA president and CEO.
Foster, who has led CTA for the past year, is taking a position as chief operating officer for GTRI, a Colorado-based provider of infrastructure and services for federal agencies and enterprise organizations.
Foster will return to his seat on the CTA board and continue to play an active role until a new president and CEO is selected.
"Eight years ago, I came to a Colorado Technology Association networking event as a young entrepreneur seeking help to understand the challenges of creating a successful technology company," Foster said.
"One year ago, after being active on the board for some time, I assumed the role of president and CEO of CTA. Since then, we have become a key partner in implementing the Governor's Colorado Blueprint and helping to accelerate the advancement of the tech industry here."
"CTA has built a great reputation and we are very appreciative of the leadership Steve has provided over the last 12 months," said Andrea Young, 2013 CTA board chair.
"We wish him the best at GTRI and are excited that he will remain involved during this interim phase as part of the search committee and will return to his original role as a board member."
CTA said the search for a new CEO/president could take from three to six months.