A. B. Krongard
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Alvin Bernard "Buzzy" Krongard (born October 25, 1936) was the executive director of the
Central Intelligence Agency The Central Intelligence Agency (CIA; ) is a civilian foreign intelligence service of the federal government of the United States tasked with advancing national security through collecting and analyzing intelligence from around the world and ...
. He was appointed by
George Tenet George John Tenet (born January 5, 1953) is an American intelligence official and academic who served as the Director of Central Intelligence (DCI) for the United States Central Intelligence Agency, as well as a Distinguished Professor in the Pr ...
on March 16, 2001. 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
Director of Central Intelligence The director of central intelligence (DCI) was the head of the American Central Intelligence Agency (CIA) from 1946 to 2004, acting as the principal intelligence advisor to the president of the United States and the United States National Se ...
(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 & Sons, the nation's oldest investment banking firm, and Vice Chairman of the Board of
Bankers Trust Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corp ...
. Krongard graduated with honors from
Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
with an A.B. in philosophy in 1958 after completing a senior thesis titled "The Nature and Meaning of Religious Propositions." He then received a
Juris Doctor A Juris Doctor, Doctor of Jurisprudence, or Doctor of Law (JD) is a graduate-entry professional degree that primarily prepares individuals to practice law. In the United States and the Philippines, it is the only qualifying law degree. Other j ...
degree with honors from the
University of Maryland School of Law The University of Maryland Francis King Carey School of Law (formerly University of Maryland School of Law from 1924 to 2011) is the law school of the University of Maryland, Baltimore and is located in Baltimore, Maryland. Founded in 1816, it i ...
. While at Princeton, Krongard played
lacrosse Lacrosse is a contact team sport played with a lacrosse stick and a lacrosse ball. It is the oldest organized sport in North America, with its origins with the indigenous people of North America as early as the 12th century. The game w ...
. In 1980, he was inducted as a member of the
National Lacrosse Hall of Fame The National Lacrosse Hall of Fame and Museum, is located in Sparks, Maryland, at the USA Lacrosse headquarters. Prior to moving to its present location in 2016, the hall of fame and museum was located in Baltimore, Maryland, on the Homewood c ...
. Krongard played for the storied amateur Mount Washington Lacrosse Club. He served three years of active duty as an
infantry Infantry, or infantryman are a type of soldier who specialize in ground combat, typically fighting dismounted. Historically the term was used to describe foot soldiers, i.e. those who march and fight on foot. In modern usage, the term broadl ...
officer in the
United States Marine Corps The United States Marine Corps (USMC), also referred to as the United States Marines or simply the Marines, is the maritime land force service branch of the United States Department of Defense. It is responsible for conducting expeditionar ...
. Krongard resigned from the CIA shortly after the arrival of DCI
Porter Goss Porter Johnston Goss (; born November 26, 1938) is an American politician who served as the head of the Central Intelligence Agency from 2004 to 2006. He was the last Director of Central Intelligence (DCI) from 2004 to 2005, then became the fir ...
in September 2004. While at the CIA, he was the connection between
Erik Prince Erik Dean Prince (born June 6, 1969) is an American businessman, investor, author, and former U.S. Navy SEAL officer, and the founder of the private military company Blackwater. He served as Blackwater's CEO until 2009 and as its chairman u ...
of
Blackwater Security Consulting Constellis, formerly Blackwater, is an American private military contractor founded on December 26, 1997, by former Navy SEAL officer Erik Prince. It was renamed Xe Services in 2009, and was again renamed to Academi in 2011, after it was acquire ...
and the CIA. Through his influence, Blackwater was able to receive its first black contract. 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 DLA Piper is a law firm with offices in over 40 countries across the Americas, Asia Pacific, Europe, Africa, and the Middle East. It was founded in 2005 through the merger between three law firms: San Diego–based ''Gray Cary Ware & Freiden ...
, one of the world's largest law firms.


Family

Krongard is the brother of State Department Inspector General
Howard Krongard Howard J. "Cookie" Krongard (December 12, 1940 – May 3, 2023) was an American attorney and government official who served as Inspector General of the Department of State during the George W. Bush administration. After being accused of averting ...
. Krongard is a native of
Baltimore, Maryland Baltimore is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland. With a population of 585,708 at the 2020 United States census, 2020 census and estimated at 568,271 in 2024, it is the List of United States ...
, and resides in Baltimore, Maryland and
McLean, Virginia McLean ( ) is an Unincorporated area#United States, unincorporated community and census-designated place in Fairfax County, Virginia, United States. The population of the community was 50,773 at the 2020 United States census, 2020 census. It is ...
. He was married to the late Patricia A. Lion and has three adult sons. He is Jewish. Patrica Lion's sister,
Margo Lion Margo Allison Lion (October 13, 1944 – January 24, 2020) was a producer for plays and musicals both on Broadway and off-Broadway, known for her role in producing the stage and screen hit ''Hairspray''. Combined, the works Lion produced won 20 ...
, is a
Broadway theatre Broadway theatre,Although ''theater'' is generally the spelling for this common noun in the United States (see American and British English spelling differences#-re, -er, American and British English spelling differences), many of the List of ...
producer. On 31 July 2004 Krongard married Cheryl Gordon (née Cheryl Gruetzmacher), at that time a senior executive for
Apollo Management Apollo Global Management, Inc. is an American Asset Management, asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including ...
. She has since become a director of
Legg Mason Legg Mason, Inc. was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020. As of December 31, 2019, the company had $730.8 billion i ...
and
US Airways US Airways was a major airline in the United States. It was originally founded in History of aviation in Pittsburgh, Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. In 1953, it ...
.


Controversies


9/11

Krongard's name was brought up in conjunction with investigations into suspected 9/11-related insider trading because of timely
Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...
trades made through the investment bank he used to head, Alex. Brown. The
9/11 Commission Report ''The 9/11 Commission Report'', officially the ''Final Report of the National Commission on Terrorist Attacks Upon the United States'', is the official report into the events leading up to the September 11, 2001 terrorist attacks. It was prep ...
stated:
A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 (2001) as part of a strategy that also included buying 115,000 shares of
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, p ...
on September 10. Similarly, much of the seemingly suspicious trading on September 10 was traced to a specific U.S.-based options trading newsletter…which recommended these trades.


Blackwater

At a November 14, 2007
House oversight committee The Committee on Oversight and Government Reform is the main investigative United States congressional committee, committee of the United States House of Representatives. The committee's broad jurisdiction and legislative authority make it one o ...
hearing about Blackwater, investigating allegations of improper interference by Krongard's brother, Howard, in Justice Department investigations of Blackwater and other State Department contractors, Chairman
Henry Waxman Henry Arnold Waxman (born September 12, 1939) is an American politician and lobbyist who was a U.S. representative from California from 1975 to 2015. He is a member of the Democratic Party. His district included much of the western part of the ...
stated that A. B. Krongard was on "Blackwater's advisory board". Howard Krongard at first denied that his brother had any connection with Blackwater, saying:
I can tell you, very frankly, I am not aware of any financial interest or position he has with respect to Blackwater. When these ugly rumors started recently, I specifically asked him. I do not believe it is true that he is a member of the advisory board that you stated. And that's something I think I need to say.Brother of State Dept. Official Linked to Blackwater
Matthew Jaffe,
ABC News ABC News most commonly refers to: * ABC News (Australia), a national news service of the Australian Broadcasting Corporation * ABC News (United States), a news-gathering and broadcasting division of the American Broadcasting Company ABC News may a ...
, November 14, 2007
However, when confronted with a July 26 letter from Blackwater founder and CEO
Erik Prince Erik Dean Prince (born June 6, 1969) is an American businessman, investor, author, and former U.S. Navy SEAL officer, and the founder of the private military company Blackwater. He served as Blackwater's CEO until 2009 and as its chairman u ...
to Buzzy Krongard asking him to join Blackwater's advisory board, followed by a September 5 letter welcoming Krongard to the board and a report from Rep.
Elijah Cummings Elijah Eugene Cummings (January 18, 1951October 17, 2019) was an American politician and civil rights advocate who served in the United States House of Representatives for from 1996 until his death in 2019, when he was succeeded by his predecess ...
stating that Buzz Krongard had been expected to attend a Blackwater board meeting earlier that week, Krongard said he had called his brother during the ensuing break in the hearings and learned of this
conflict of interest A conflict of interest (COI) is a situation in which a person or organization is involved in multiple wikt:interest#Noun, interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates t ...
for the first time, saying "I'm not my brother's keeper, and we don't discuss our business with each other". He then recused himself from the investigation. Committee chairman
Henry Waxman Henry Arnold Waxman (born September 12, 1939) is an American politician and lobbyist who was a U.S. representative from California from 1975 to 2015. He is a member of the Democratic Party. His district included much of the western part of the ...
issued a memorandum The ballad of Cookie and Buzzy Krongard. - By Bonnie Goldstein - Slate Magazine
/ref> summarizing the discrepancies between the two brothers' recollections of what Buzzy told Howard.


References

{{DEFAULTSORT:Krongard, Alvin Bernard 1936 births Living people People of the Central Intelligence Agency University of Maryland Francis King Carey School of Law alumni Baltimore City College alumni George W. Bush administration controversies Princeton University alumni Mount Washington Lacrosse Club players American chief operating officers