SafeNet Appoints Chris Fedde CEO

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

June 15, 2011

2 Min Read


BALTIMORE June 14, 2011 SafeNet, Inc., a global leader in information security, announced today the appointment of Chris Fedde as president and chief executive officer. Mr. Fedde succeeds Mark Floyd, who has left the company to pursue other opportunities. Mr. 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.”

Starting his SafeNet career in 2001, Fedde has been an integral part of the company’s leadership team and has been instrumental in building SafeNet’s strong presence in the federal government and commercial sectors.

“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,” Fedde said. “SafeNet is stronger than ever today and, moving forward, we will continue to provide leading-edge solutions to the world’s most demanding security challenges in both the commercial and government sectors.”

About SafeNet, Inc. Founded in 1983, SafeNet is a global leader in information security. SafeNet protects its customers’ most valuable assets, including identities, transactions, communications, data, and software licensing, throughout the data lifecycle. More than 25,000 customers across both commercial enterprises and government agencies, and in over 100 countries, trust their information security needs to SafeNet.

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