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Phyllis Newhouse
Founder/CEO of ShoulderUp | CEO of ShoulderUP Technology Acquisition Corp SUAC.U (NYSE) | CEO of Xtreme Solutions, Inc. | Celebrated Veteran
Phyllis Newhouse is a prominent entrepreneur, investor, and retired military senior officer with an impressive career spanning multiple industries.12 Here's an overview of her accomplishments and roles:
Career Highlights
CEO and Founder:: Newhouse is the CEO and Founder of ShoulderUp Technology Acquisition Corp (NYSE: SUAC), a special purpose acquisition company (SPAC) focused on mergers and acquisitions in the technology and cybersecurity space.13 The company closed an upsized $300 million IPO in November 2021.1
Xtreme Solutions, Inc.:: She is also the Founder and CEO of Xtreme Solutions, Inc. (XSI), an Atlanta-based cybersecurity firm that provides IT and cybersecurity services to federal and private sectors.23
Athena Technology Acquisition Corp:: In 2020, Newhouse co-founded and served as CEO of Athena Technology Acquisition Corp, another SPAC that closed a $250 million IPO in March 2021.1
Entrepreneurship and Philanthropy
ShoulderUp:: Newhouse founded ShoulderUp, a nonprofit organization, alongside Academy Award-winning actress Viola Davis. The organization is dedicated to connecting and supporting women on their entrepreneurial journeys.13
Women in Business:: She is passionate about women-led businesses and teaches aspiring entrepreneurs to recognize and capitalize on their leadership skills.1
Military Background
Newhouse is a retired military senior officer who specialized in National Security and established the Cyber Espionage Task Force during her service in the United States Army.3
Awards and Recognition
- First woman to win an Ernst & Young (EY) Entrepreneur Of The Year® award in the technology category13
- Inducted into the Enterprising Women Hall of Fame in 20191
- Recognized as part of Inc.'s Mighty 25 in 20203
- 2019 Culture Creator Honoree for the finance category3
Board Memberships
Newhouse serves on several boards, including:
- Sabre Corporation's board of directors3
- Technology Association of Georgia (TAG)3
- Business Executives for National Security (BENS)3
- Girls Inc., a nonprofit organization3
Phyllis Newhouse's diverse experience in technology, cybersecurity, entrepreneurship, and military service has established her as a respected leader and innovator in multiple fields.