FedBid splits into two, names Jordan CEO of new public sector company
FedBid is splitting off its federal sector from its commercial sector business. It has named Joe Jordan as the CEO of the new public sector organization.
FedBid’s founder and former CEO Ali Saadat will head up the other organization, focused on the private sector, and remain chairman of the board.
FedBid’s move comes three months after a scathing report by the Veterans Affairs Department inspector general about the conduct of some of its senior executives, including Saadat.