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SafeNet names Chris Fedde as CEO

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Fedde succeeds Mark Floyd, who has left the company to pursue other opportunities

BANGALORE, INDIA: SafeNet, Inc., a provider of information security services, announced on Wednesday the appointment of Chris Fedde as president and chief executive officer.

Fedde succeeds Mark Floyd, who has left the company to pursue other opportunities, said a press release. 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,” he added.

Slusky said Chris has been an integral member of SafeNet’s management team for a decade and a driving force behind the company’s strategic transformation.

“SafeNet is defined by our innovative solutions that address the most critical information security challenges in the world. Our success over the past 25 years has been the result of our dedicated employees who work continuously to mitigate the ever-evolving threat landscape facing our customers,” said Chris Fedde.

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