Devcon Security Names Hafen as CEO, Replaces Ginsburg

HOLLYWOOD, Fla. — Three weeks after announcing Richard Ginsburg joined the firm as its new CEO, Devcon Security announced this week that Steve Hafen has now been appointed to the position.

An announcement released by Devcon publicizing Hafen’s appointment did not provide details about Ginsburg’s departure from the company.  

Ginsburg, a SSI Hall of Fame member, formerly served as president and CEO Protection 1, where he led the firm for nine years. He resigned from Devcon on March 13, according to a statement posted on his Web site.

“A lot of people have reached out to me in the past few days regarding what I am doing. I was recently working under a consulting agreement as the CEO of Devcon Security,” he stated. “Last Tuesday, the 13th, I resigned from that engagement. As you would expect, I cannot elaborate on the reasons. I, as well as my executive team, continue to look at a number of opportunities in the security industry. I will be also be active with my speaking engagements and consulting as I have been.”

Hafen joined Devcon Security in January as the company’s COO, according to Devcon’s Web site. He previously served as COO of Pinnacle Security. Devcon and Pinnacle, which are both owned by Golden Gate Capital, began a shared services partnership earlier this year.


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