SafeNet Inc. appoints Chris Fedde as President & Chief Executive Officer
SafeNet, Inc. has appointed Chris Fedde as President and Chief Executive Officer. Fedde succeeds Mark Floyd, who has left the company to pursue other opportunities. Fedde, who has been with SafeNet since 2001 and has served as President and COO since 2006, assumes the position of President and CEO effective immediately.
"We want to thank Mark Floyd for his dedication and leadership over the past two years," said, Alex Slusky, a member of SafeNet's board of directors. "During his tenure, the company successfully completed the integration of Aladdin, improved its infrastructure and operations and strengthened its financial foundation. We appreciate all of his efforts and wish him every success in the future.
"The board looks forward to working with Chris Fedde to build on the company's momentum at a time of tremendous opportunity," continued Slusky. "Chris has been an integral member of SafeNet's management team for a decade and a driving force behind the company's strategic transformation. He is the ideal person to take on the CEO role at this point in the company's development."
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