Longmont, Colorado. September 3, 2014 – DigitalGlobe, a leading provider of commercial high-resolution earth observation and advanced geospatial solutions, today announced that Fred Graffam will become Interim Chief Financial Officer for the company, effective September 3, 2014. He assumes responsibility for financial operations as the company continues its search for a successor to departing CFO, Yancey L. Spruill. Spruill’s departure was announced previously on May 1, 2014.
Graffam has served as the company’s Vice President of Financial Planning & Analysis since July 2013. Prior to joining DigitalGlobe, Graffam served as Senior VP of Finance – North America and Asia Pacific for Level 3 Communications from 2012 to July 2013. In this role, Graffam led all financial operations for Level 3’s North America region with a particular focus on supporting growth and value creation for the business. Before serving at Level 3, Graffam spent 17 years with Comcast Corporation, serving as Senior VP of Comcast’s Beltway Region from 2008 to 2011 and as Senior VP-Finance, West Division from 2002 to 2008. He began his career in public accounting with Deloitte.
“We are pleased to be able to appoint Fred Graffam as Interim CFO. He has broad experience leading various finance roles for larger companies, and has proven his leadership at DigitalGlobe over the last year,” said Jeffrey R. Tarr, CEO. “Fred’s experience, coupled with the deep bench we have built within the finance organization, will ensure continuity in the management of our finance function while we complete our external search for a CFO.”
The transition of CFO responsibilities from Spruill to Graffam will be effective immediately, as Spruill departs to begin a new job outside DigitalGlobe.
“Yancey made significant contributions to DigitalGlobe’s success over the last decade,” said Tarr. “We wish him well in his new venture.”
DigitalGlobe recently released its first images from WorldView-3, the company’s sixth and most advanced super-spectral, high-resolution commercial satellite. WorldView-3 will collect super-spectral imagery at 0.31 meter resolution, delivering 5 times the clarity of the company’s nearest competitor. It is designed to collect up to 680,000 square kilometers of imagery per day, and sense both the visible spectrum as well as deeper into the infrared spectrum.