04/16/2026 | Press release | Distributed by Public on 04/16/2026 15:09
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On April 12, 2026, Bradley L. Maiorino, a member of the Board of Directors (the "Board") of NETGEAR, Inc. (the "Company"), informed the Company that he will not stand for re-election at the upcoming 2026 Annual Meeting of Stockholders (Annual Meeting).
Mr. Maiorino's decision was made solely due to increased demands from his new full-time executive role and is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
Mr. Maiorino will continue to serve as a director, Chair of the Company's Cybersecurity Committee (the "Cybersecurity Committee"), and member of the Company's Audit Committee (the "Audit Committee") until the Annual Meeting. The Board will appoint Directors to replace his Committee seats and post them on the Company's Committee Governance website before the date of the Annual Meeting.
The Company thanks Mr. Maiorino for his 8 years of service and dedication to the Company and its stockholders.