Founder Eric Gillespie fired from Govini board after child sex solicitation arrest

Founder Eric Gillespie fired from Govini board after child sex solicitation arrest


Anton Petrus | Moment | Getty Images

Govini has fired Eric Gillespie from its board of directors after the founder was charged with attempting to solicit sexual contact with a minor online.

“The actions of one depraved individual should not in any way diminish the hard work of the broader team and their commitment to the security of the United States of America,” the defense software startup said in a release late Wednesday.

The company said the 57-year-old had no access to classified information since stepping down as CEO nearly ten years ago.

On Monday, the Pennsylvania Attorney General’s Office charged Gillespie with four felonies, including multiple counts of unlawful contact with a preteen.

A judge denied bail for Gillespie, who lived in Pittsburgh, citing flight risk and public safety concerns.

At the time, the Pentagon officials told CNBC that they were investigating the arrest and the associated security risks.

Last month, the Arlington, Virginia-based startup surpassed $100 million in annual recurring revenue and announced a $150 million growth investment from Bain Capital.

Govini has a more than $900-million contract with the U.S. government and deals with the Department of War.



Source

Jim Cramer reveals the secret to finding a winning tech stock in this market
Technology

Jim Cramer reveals the secret to finding a winning tech stock in this market

CNBC’s Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally. “When it comes to tech companies, it’s not enough just to beat and raise anymore,” said the “Mad Money” host. “You need a shortage, or else your stock’s not gonna get much […]

Read More
Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer
Technology

Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer

Qualcomm shares staged a dramatic turnaround after the bell on Wednesday as CEO Cristiano Amon said on the earnings call that it would begin shipping data center chips to “a large hyperscaler” within the calendar year. The stock initially fell as much as 7% after the chipmaker reported second-quarter earnings that topped Wall Street estimates […]

Read More
Amazon’s cloud unit reports 28% sales growth, topping estimates
Technology

Amazon’s cloud unit reports 28% sales growth, topping estimates

Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025. Noah Berger | AWS | Reuters Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely […]

Read More