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News & Press: Colorado Technology Industry

CTA plans CEO Succession

Tuesday, February 12, 2013  
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Press Release

FOR IMMEDIATE RELEASE 
Date 02.12.13

Contact: Julie Chiron
Media Relations
303.592.4069
jchiron@coloradotechnology.org

Colorado Technology Association Plans CEO Succession

Steve Foster returns to board seat to take position at GTRI

DENVER – February 12, 2013 – The Colorado Technology Association (CTA) has formed a CEO succession planning committee after Steve Foster announced on January 29 that he will step down as the President and CEO of the organization to take a position as Chief Operating Officer at GTRI, a Colorado-based provider of infrastructure and services for federal agencies and enterprise organizations. Foster will return to his seat on the board and continue to play an active role during the interim phase.

"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. 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. In taking this new role as Chief Operating Officer of GTRI, I’m a living example of what is great about CTA. Our organization is dedicated to growing talent, facilitating connections, keeping tech business in Colorado and advancing our industry. I’m proud of this organization and look forward tocontinuing my efforts to propel growth in my role as a member of the board of directors,” said Steve Foster.

"CTA has built a great reputation and we are very appreciative of the leadership Steve has provided over the last 12 months. 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,” said Andrea Young, 2013 CTA Board Chair.

The CEO search committee will outline the long-term strategic objectives of the organization and consider the leadership qualities and experience needed to match the dynamics of the team and build on the organization’s successes. A typical executive search takes three to six months.

"We look forward to finding a successor who is as passionate and committed as the CTA team. We will take the time necessary to find a candidate who is a great fit for the long-term,” said Young.

About Colorado Technology Association:


The Colorado Technology Association represents Colorado’s technology industry. The technology industry is one of the fastest growing in Colorado, ranked third in the nation in high-tech workers with more than 100,000 highly paid tech professionals. We also work nationally to ensure Colorado’s technology voice is heard, through TECNA, a coalition of technology associations across the United States and Canada, as well as with TechAmerica, the national lobbying organization for federal issues. Since 1994, Colorado Technology Association has been involved in legislative issues and public policy to represent the technology industry in Colorado, and provides more than 50 programs, events and connections to support this industry. For more information on Colorado Technology Association please call (303) 592-4070 or visit www.coloradotechnology.org

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