Virtual Event: Threat Detection and Incident Response Summit - Watch Sessions
Connect with us

Hi, what are you looking for?


Management & Strategy

SafeNet Appoints New President and CEO

Long-time President and COO Assumes Top Executive Position

SafeNet CEO Chris Feed

Long-time President and COO Assumes Top Executive Position

SafeNet CEO Chris Feed

SafeNet, Inc., a global information security firm, today announced that Chris Fedde has been appointed president and chief executive officer, effective immediately. Fedde has been with SafeNet since 2001 and has served as president and COO since 2006.

Fedde succeeds Mark Floyd who served as CEO since July 2009 and has left the company to pursue other opportunities.

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

SEC filings show SafeNet Holding Corporation, parent company of SafeNet, reporting 2007 revenue of $300.2 million, 2008 revenue of $329 million and $403.7 in revenue for 2009. In the first quarter of 2010, revenue was $107.8 million. The company was taken private back in 2007 by private equity firm Vector Stealth Holdings. SafeNet has over 25,000 customers in 100 countries and over 1,500 employees worldwide.

Advertisement. Scroll to continue reading.
Written By

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.


Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.


Twenty-one cybersecurity-related M&A deals were announced in December 2022.