Netgear, Inc. Announces Retirement of Barbara V. Scherer from the Board of Directors
March 27, 2024 at 04:05 pm EDT
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NETGEAR, Inc. announced that On March 21, 2024, Barbara V. Scherer informed the Board of Directors of her decision not to stand for re-election to the Board at the 2024 Annual Meeting of Stockholders (the ?Annual Meeting?). Ms. Scherer will continue as a member of the Board until her current term expires at the Annual Meeting. Her decision not to stand for re-election was not due to any disagreement with the Company on any matter relating to the Company?s operations, policies or practices.
NETGEAR, Inc. is engaged in providing networking technologies and Internet-connected products for consumers, businesses and service providers. The Company operates through two segments: Connected Home, and NETGEAR for Business. The Connected Home segment focuses on consumers and provides high-performance, dependable and easy-to-use premium WiFi networking solutions such as WiFi 6, WiFi 6E and WiFi 7 Tri-band and Quad-band mesh systems and routers, 4G/5G mobile products, smart devices such as Meural digital displays, and subscription services that provide consumers a range of value-added services. The NETGEAR for Business segment focuses on businesses and provides solutions for business networking, wireless local area network (LAN), audio and video over Ethernet for Pro AV applications, security and remote management. The Company conducts business across three geographic territories: the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC).