Hugh Price (intelligence)
Encyclopedia
Hugh E. "Ted" Price is a former Deputy Director for Operations of the U.S.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 Central Intelligence Agency
Central Intelligence Agency
The Central Intelligence Agency is a civilian intelligence agency of the United States government. It is an executive agency and reports directly to the Director of National Intelligence, responsible for providing national security intelligence assessment to senior United States policymakers...

 and is currently chairman of Lehman Brothers
Lehman Brothers
Lehman Brothers Holdings Inc. was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA , doing business in investment banking, equity and fixed-income sales and trading Lehman Brothers Holdings Inc. (former NYSE ticker...

 India.

Price graduated from Yale
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...

 before serving four years in the United States Marine Corps
United States Marine Corps
The United States Marine Corps is a branch of the United States Armed Forces responsible for providing power projection from the sea, using the mobility of the United States Navy to deliver combined-arms task forces rapidly. It is one of seven uniformed services of the United States...

. While with the CIA he held the positions of Director of Personnel, Director of Counterintelligence, as well as Deputy Director for Operations. In 1994, he received a letter of reprimand
Letter of reprimand
A letter of reprimand is a United States Department of Defense procedure involving a letter to an employee or soldier from his or her superior that details the wrongful actions of the person and the punishment that can be expected...

 over his role in the Aldrich Ames
Aldrich Ames
Aldrich Hazen Ames is a former Central Intelligence Agency counter-intelligence officer and analyst, who, in 1994, was convicted of spying for the Soviet Union and Russia...

 spy case while director of counterintelligence.

After leaving the Central Intelligence Agency, Price joined the private security business Kroll Inc.
Kroll Inc.
Kroll is a risk consultancy firm based in Midtown Manhattan, New York City. and established in 1972.- History:Kroll was founded in 1972 by Jules B. Kroll as a consultant to corporate purchasing departments...

 as head of its crisis management group. He joined Lehman Brothers in December 2001 as head of Global Security.

In 2005 Price married Lisa Spiro, former communications head at Salomon Brothers
Salomon Brothers
Salomon Brothers was a bulge bracket, Wall Street investment bank. Founded in 1910 by three brothers along with a clerk named Ben Levy, it remained a partnership until the early 1980s, when it was acquired by the commodity trading firm Phibro Corporation and then became Salomon Inc. Eventually...

 and UBS
UBS AG
UBS AG is a Swiss global financial services company headquartered in Basel and Zürich, Switzerland, which provides investment banking, asset management, and wealth management services for private, corporate, and institutional clients worldwide, as well as retail clients in Switzerland...

.
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