Palisade Systems, the major player in Data Loss Prevention solutions for mid-size and small businesses, appointed Spencer Snedecor as the company’s new chief executive officer. In addition, Snedecor has also joined Palisade Systems board of directors.

"We are very pleased to announce that Spencer Snedecor has agreed to join Palisade Systems as our new CEO," said Adam Claypool of DeWaay Investment Partners and Palisade board member, in a press release. "We believe that Mr. Snedecor's extensive background in the computer network security industry coupled with his proven record in driving profitability and growth will be a tremendous asset to lead Palisade Systems."

Snedecor holds more than 30 years of experience in driving technology companies. He has successfully led three companies: Secure Computing, a computer and network security company; Covelight Systems, a security and transaction monitoring company; and PGP (News - Alert) Corporation, a security software company – to three successful exits.

In the year 2010, PGP Corporation, a company focused on email privacy and authentication software that Snedecor co-founded, was acquired by Symantec Corporation for $300 million. As principal with Ten X Consulting, he most recently, provided executive leadership in early adopter markets for next generation IT security products and solutions.

"Joining Palisade Systems is an exciting opportunity for me to lead a company with a history of safeguarding customer data across a number of industries including healthcare, financial, government and educational organizations," said Snedecor, in a press release. "Palisade Systems has a great reputation for its DLP technology and I look forward to developing and delivering technology and solutions to satisfy the data protection needs of mid-market organizations."

Snedecor has also held leadership positions as vice president of worldwide channel sales for Guidance Software, a computer software company and as vice president of sales for the "Network Security Business Unit" of McAfee, a computer and network security company.

With Snedecor's addition to the company, interim CEO Don Schoen will now serve on the board of directors for Palisade Systems.