A. B. Krongard
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The US Director of Central Intelligence (DCI) George J. Tenet announced on March 16, 2001, the appointment of A.B. "Buzzy" Krongard to serve as Executive Director of the Central Intelligence Agency. The Executive Director is the third ranking position within the CIA and the incumbent functions essentially as the Chief Operating Officer of the Agency. For three years prior, Krongard had served as Counselor to the DCI.
A longtime consultant to DCIs, Krongard joined the Agency full time in February 1998, following a 29-year business career. During his private sector career, he served as Chief Executive Officer and Chairman of the Board of Alex Brown Incorporated, the nation’s oldest investment banking firm, and Vice Chairman of the Board of Bankers Trust.
Krongard received an A.B. degree with honors from Princeton University and a Juris Doctor degree with honors from the University of Maryland School of Law. He served three years of active duty as an infantry officer with the United States Marine Corps.
His hobbies include fox hunting, scuba diving and martial arts in which he holds black belt and equivalent rankings in several disciplines. He was elected to the Lacrosse Hall of Fame in 1981.
Mr. Krongard is a native of Baltimore, Maryland, and resides in Baltimore and McLean, Virginia. He was married to the late Patricia A. Lion and has three adult sons.
AB “Buzzy” Krongard resigned from the CIA shortly after the arrival of DCI Porter Goss in September 2004.
On March 18, 2005, Krongard was appointed as an outside US director to the Global Board of Directors organized to oversee and coordinate the worldwide operations of DLA Piper, one of the world’s leading law firms.
His name is brought up in conjunction with investigations into suspected 9/11-related insider trading because of timely Wall Street trades allegedly made through the investment bank he used to head.
