Safeguard Scientifics, Inc. (NYSE:SFE) today announced that Scott A. Snyder, Ph.D. has joined the company as Senior Vice President, Managing Director, and (its inaugural) Chief Technology and Innovation Officer. Dr. Snyder is a recognized thought leader and has more than 25 years of experience in business leadership, strategic planning and technology management for Fortune 500 companies and startup ventures.

“More than ever, technology is eliciting dramatic shifts in market opportunities and determining where value is being created and destroyed,” said Stephen T. Zarrilli, President and CEO of Safeguard. “Safeguard has historically been a pioneer in identifying and capitalizing on technology-enabled market shifts. By creating a new position focused on technology and innovation, we are strengthening our ability to lead the next wave of opportunities in an era of continuous digital disruption. Scott has been a part of the Safeguard community since 2006 having served on our Advisory Board. He’s been on the front lines of Safeguard’s evolution and is an integral member of our ecosystem. We’re thrilled to have Scott join our team full-time to help shape Safeguard’s long-term strategy and actively support our partner companies as they evaluate new opportunities based on their own innovations and technologies. His deep technology experience and entrepreneurial experiences will prove to be invaluable.”

Dr. Snyder comes to Safeguard from Mobiquity Inc., a leader in delivering innovative mobile and digital solutions for enterprises, where he was President and Chief Strategy Officer. He will continue to be Chairman of Mobiquity’s Advisory Board. Dr. Snyder has held executive positions with several Fortune 500 companies including GE, Martin Marietta, and Lockheed Martin, has been the CEO of a leading strategic planning firm, Decision Strategies International, and has also started business ventures in software including OmniChoice, a CRM/Analytics applications provider, and Strategic Radar, which provides software-based solutions for monitoring changes in the strategic environment. He also serves on the Board of Directors for Fulton Financial Corporation (FFC).

Dr. Snyder has authored a book entitled, “The New World of Wireless: How to Compete in the 4G Revolution”, and has been a long-time thought leader in the mobile communications space. In addition, he is a chapter author in the books “The Network Challenge: Strategy, Profit, and Risk in the Interlinked World” and “Inside the Minds: Small Business Growth Strategies: Goals for Successful CEOs.” Dr. Snyder is a Senior Fellow in the Management Department at the Wharton School, an Adjunct Faculty Member in the School of Engineering and Applied Science at the University of Pennsylvania, and has lectured at MIT, Babson, Duke, and INSEAD on Digital Innovation, Decision-making, Business and IT Strategy, Next Generation Wireless, Product Design and Development, and Business Intelligence. Dr. Snyder founded and directs the Wireless Innovation Council, which is made up of leading companies focused on cross-sector mobile innovation opportunities. He also holds two patents for on-line decision aids and has been quoted as a thought leader in numerous publications including the Los Angeles Times, The Wall Street Journal, the Philadelphia Inquirer and the Philadelphia Business Journal.

“I have a passion for creating things, and Safeguard provides a powerful platform for entrepreneurs and innovators to grow their businesses by leveraging broad expertise and a high-impact ecosystem,” said Dr. Snyder. “Social, mobile, analytics, cloud and internet of things technologies are transforming companies and industries everywhere by creating step changes in economics and driving capabilities to the edge with empowered end-users. There has never been a better time to harness this new wave of technologies to create new ventures with lasting market impact. I’m thrilled to be joining a company that for over sixty years has been paving the way for innovation and a team who has the depth and breadth of expertise to make a lasting impact on our world.”

Dr. Snyder earned his B.S., M.S., and Ph.D. in Systems Engineering from University of Pennsylvania.

About Safeguard Scientifics
Safeguard Scientifics (NYSE:SFE) provides capital to technology-driven businesses in healthcare, financial services and digital media. Within these verticals, Safeguard targets companies that leverage various foundational elements including big data analytics, blockchain, cloud computing, security, Internet of Things, machine learning and/or mobile. Safeguard deploys between $5 million and $25 million over the course of its partnership with a company, initially investing in a Series A or Series B round and opportunistically in a Seed round. Safeguard has a distinguished track record of fostering innovation and building market leaders that spans more than six decades. For more information, please visit www.safeguard.com or follow us on Twitter @safeguard.