BALTIMORE, March 11, 2014 /PRNewswire/ -- SafeNet, Inc., a global leader in data protection solutions, today announced that Jon McCabe has been appointed to the position of Chief Financial Officer (CFO), effective immediately. He succeeds Mike Branca, who has left the company to pursue other opportunities. In this role, Mr. McCabe will be responsible for SafeNet's global finance functions, including accounting, financial planning and analysis, controllership, treasury, and tax. Mr. McCabe will report directly to Dave Hansen, SafeNet's President and Chief Executive Officer.
"Jon has been a key member in our finance organization and is widely respected within the company for his insights and leadership," said Dave Hansen. "Jon brings nearly thirty years of financial experience, and I am delighted that he will be joining our senior leadership team as we move forward with our strategy to be the leading provider of data protection and software monetization solutions."
Mr. McCabe joined SafeNet in 2010, as vice president of financial planning and analysis, where he was responsible for the company's strategic and operating financial plans and performance, pricing strategy and administration, and operational performance assessment and decision support across all aspects of the business. Prior to joining SafeNet, Jon held a similar financial role at McAfee, Inc., as well as various accounting, finance, and business operations roles at Verizon and Genuity prior to McAfee. Jon holds a Bachelor of Science in Business Administration degree from The Ohio State University, and is a Certified Management Accountant.
"This is an exciting time for our industry and SafeNet," said Mr. McCabe. "We are the market leader in each of our key technology solutions, more partners are incorporating our data protection products into their portfolios, and data security is top of mind for cloud deployments. All of these present exceptional growth opportunities for the company. I look forward to working with Dave and the entire leadership team to achieve our objectives."
About SafeNet, Inc. Founded in 1983, SafeNet, Inc. is one of the largest information security companies in the world, and is trusted to protect the most sensitive data for market-leading organizations around the globe. SafeNet's data-centric approach focuses on the protection of high-value information throughout its lifecycle, from the data center to the cloud. More than 25,000 customers across commercial enterprises and government agencies trust SafeNet to protect and control access to sensitive data, manage risk, ensure compliance, and secure virtual and cloud environments. Learn more about SafeNet on Twitter, LinkedIn, Facebook, YouTube, and Google+.