Virtually nothing is known about the background and identity of the man who would become the second Spymaster. Much like the original, the man that would become the new Spymaster was trained by
Taskmaster. The student known only as "Number One" survived and deemed worthy of the name "Spymaster". Taskmaster charged the new Spymaster to retrieve the golden angel ornament from atop of the Christmas tree at Stark Enterprises as a field test in order to graduate before sending him to
Justin Hammer.
Iron Man decided to let Spymaster walk away with the prize instead of endangering the lives of children in the area.
Iron Man eventually captured Spymaster and sent him to prison. During this time, he was attacked by a group of other prisoners to persuade him from giving up the identity of Spymaster. While in the infirmary he was killed by an agent of
Sinclair Abbot in order for Abbot to assume the identity of Spymaster.