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NetApp Appoints Frank Pelzer to the Board of Directors

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NetApp (NASDAQ: NTAP) has announced the appointment of Frank Pelzer to its Board of Directors, expanding the board to ten members. Pelzer, currently Chief Operating Officer at Spotnana, brings extensive experience in cloud and as-a-service companies. Previously, he served as CFO of F5 and held leadership positions at SAP, Concur, Deutsche Bank AG, and Credit Suisse Group.

The appointment strengthens NetApp's board composition, with 90% independent directors and 40% appointed within the last five years. Pelzer currently serves on the Board of Directors at Freshworks and Direct Travel, having previously served on the boards of Duck Creek Technologies and Benefitfocus.

NetApp positions itself as the intelligent data infrastructure company, focusing on unified data storage and integrated operational services with AI capabilities, serving as the only enterprise-grade storage service natively embedded in major cloud platforms.

NetApp (NASDAQ: NTAP) ha annunciato la nomina di Frank Pelzer nel suo Consiglio di Amministrazione, ampliando il consiglio a dieci membri. Pelzer, attualmente Chief Operating Officer di Spotnana, porta con sé una vasta esperienza nel settore del cloud e delle aziende as-a-service. In precedenza, ha ricoperto il ruolo di CFO di F5 e ha avuto posizioni di leadership in SAP, Concur, Deutsche Bank AG e Credit Suisse Group.

La nomina rafforza la composizione del consiglio di NetApp, con il 90% dei membri indipendenti e il 40% nominati negli ultimi cinque anni. Pelzer attualmente fa parte del Consiglio di Amministrazione di Freshworks e Direct Travel, avendo precedentemente ricoperto ruoli nei consigli di Duck Creek Technologies e Benefitfocus.

NetApp si posiziona come azienda di infrastruttura dati intelligente, concentrandosi su archiviazione dati unificata e servizi operativi integrati con capacità di intelligenza artificiale, servendo come l'unico servizio di archiviazione di livello enterprise nativamente integrato nelle principali piattaforme cloud.

NetApp (NASDAQ: NTAP) ha anunciado el nombramiento de Frank Pelzer en su Junta Directiva, ampliando la junta a diez miembros. Pelzer, actualmente Director de Operaciones en Spotnana, aporta una amplia experiencia en empresas de nube y como servicio. Anteriormente, fue CFO de F5 y ocupó cargos de liderazgo en SAP, Concur, Deutsche Bank AG y Credit Suisse Group.

El nombramiento refuerza la composición de la junta de NetApp, con un 90% de directores independientes y un 40% nombrados en los últimos cinco años. Pelzer actualmente forma parte de la Junta Directiva de Freshworks y Direct Travel, habiendo servido anteriormente en los consejos de Duck Creek Technologies y Benefitfocus.

NetApp se posiciona como la empresa de infraestructura de datos inteligente, enfocándose en almacenamiento de datos unificado y servicios operativos integrados con capacidades de inteligencia artificial, sirviendo como el único servicio de almacenamiento de nivel empresarial integrado de manera nativa en las principales plataformas de nube.

NetApp (NASDAQ: NTAP)는 Frank Pelzer를 이사회에 임명했다고 발표하며 이사회를 10명으로 확대했습니다. 현재 Spotnana의 COO인 Pelzer는 클라우드 및 서비스형 기업에서 광범위한 경험을 가지고 있습니다. 이전에는 F5의 CFO로 재직했으며 SAP, Concur, Deutsche Bank AG 및 Credit Suisse Group에서 리더십 직책을 역임했습니다.

이번 임명은 NetApp 이사회의 구성을 강화하며, 90%가 독립 이사로 구성되고 40%는 최근 5년 이내에 임명되었습니다. Pelzer는 현재 Freshworks 및 Direct Travel의 이사회에서 활동하고 있으며, 이전에는 Duck Creek Technologies와 Benefitfocus의 이사회에서도 근무했습니다.

NetApp은 통합 데이터 저장소와 AI 기능이 통합된 운영 서비스를 중심으로 하는 지능형 데이터 인프라 회사로 자리잡고 있으며, 주요 클라우드 플랫폼에 기본적으로 통합된 유일한 엔터프라이즈급 저장 서비스로 기능하고 있습니다.

NetApp (NASDAQ: NTAP) a annoncé la nomination de Frank Pelzer au sein de son Conseil d'Administration, portant le conseil à dix membres. Pelzer, actuellement Directeur des Opérations chez Spotnana, apporte une vaste expérience dans les entreprises de cloud et de services. Auparavant, il a été CFO de F5 et a occupé des postes de direction chez SAP, Concur, Deutsche Bank AG et Credit Suisse Group.

Cette nomination renforce la composition du conseil de NetApp, avec 90 % de directeurs indépendants et 40 % nommés au cours des cinq dernières années. Pelzer siège actuellement au Conseil d'Administration de Freshworks et Direct Travel, ayant précédemment été membre des conseils de Duck Creek Technologies et Benefitfocus.

NetApp se positionne comme l'entreprise d'infrastructure de données intelligentes, se concentrant sur le stockage de données unifié et des services opérationnels intégrés avec des capacités d'IA, servant comme le seul service de stockage de niveau entreprise intégré nativement dans les principales plateformes cloud.

NetApp (NASDAQ: NTAP) hat die Ernennung von Frank Pelzer in seinen Vorstand bekannt gegeben und damit den Vorstand auf zehn Mitglieder erweitert. Pelzer, der derzeit Chief Operating Officer bei Spotnana ist, bringt umfangreiche Erfahrungen in der Cloud- und as-a-Service-Branche mit. Zuvor war er CFO von F5 und hatte Führungspositionen bei SAP, Concur, Deutsche Bank AG und Credit Suisse Group inne.

Die Ernennung stärkt die Zusammensetzung des Vorstands von NetApp, der zu 90 % aus unabhängigen Direktoren besteht, von denen 40 % in den letzten fünf Jahren ernannt wurden. Pelzer ist derzeit Mitglied des Vorstands von Freshworks und Direct Travel und war zuvor in den Vorständen von Duck Creek Technologies und Benefitfocus tätig.

NetApp positioniert sich als das Unternehmen für intelligente Dateninfrastruktur, das sich auf einheitliche Datenspeicherung und integrierte Betriebsdienste mit KI-Funktionen konzentriert und als der einzige unternehmensgerechte Speicher-Service fungiert, der nativ in großen Cloud-Plattformen eingebettet ist.

Positive
  • Board strengthened with experienced technology and financial executive
  • 90% of board members are independent directors
  • 40% of board members appointed within last 5 years, indicating regular board refreshment
  • New director brings valuable cloud and as-a-service business expertise
Negative
  • None.

SAN JOSE, Calif.--(BUSINESS WIRE)-- NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that Frank Pelzer, Chief Operating Officer at Spotnana, has joined its Board of Directors. This brings the number of directors on the NetApp Board of Directors to ten, nine of whom are independent and 40% of whom have been appointed within the last five years.

“I am delighted to welcome Frank to our Board,” said George Kurian, Chief Executive Officer at NetApp. “Frank's impressive history of helping companies scale, along with his ability to strengthen software value and enhance its recognition at infrastructure companies, will be invaluable as we continue to grow and innovate in the era of data and intelligence.”

“Frank's sharp business acumen and extensive background in modern financial operations within cloud and as-a-service companies make him the perfect addition for the next chapter of NetApp's growth,” said Mike Nevens, Board Chair. “He will play a key role in driving NetApp's strategic initiatives and strengthening our commitment to delivering long-term shareholder value.”

“It’s an exciting time to be a part of NetApp,” said Frank Pelzer. “With its intelligent data infrastructure platform, NetApp occupies a unique position in the market and has a visionary outlook for the future. I look forward to leveraging my insights and experience to support the company in achieving its goal of enabling customers to unlock the full potential of their data.”

Frank Pelzer serves as Spotnana’s Chief Operating Officer. Prior to joining Spotnana, Frank was the CFO of F5, a security and app services company. He previously served as the President and COO of the Cloud Business Group at SAP and CFO of Concur and has also held senior leadership positions at Deutsche Bank AG and Credit Suisse Group. He currently serves on the Board of Directors at Freshworks and Direct Travel and previously served on the board of directors of Duck Creek Technologies and Benefitfocus as well as several private companies. He has a B.A. from Dartmouth College and an M.B.A. from the Tuck School of Business at Dartmouth College.

About NetApp

NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data, operational and workload services to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.

NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

Media Contact

Kenya Hayes

NetApp

kenya.hayes@netapp.com

Investor Contact

Kris Newton

NetApp

kris.newton@netapp.com

Source: NetApp

FAQ

What experience does Frank Pelzer bring to NetApp's (NTAP) board?

Frank Pelzer brings experience as COO of Spotnana, former CFO of F5, and leadership roles at SAP's Cloud Business Group, Concur, Deutsche Bank AG, and Credit Suisse Group, along with extensive board experience.

How many directors are now on NetApp's (NTAP) board after Pelzer's appointment?

NetApp's board now consists of 10 directors, with 9 being independent and 40% appointed within the last five years.

What is NetApp's (NTAP) current market positioning?

NetApp positions itself as the intelligent data infrastructure company, providing unified data storage and integrated services with AI capabilities, and is the only enterprise-grade storage service natively embedded in major clouds.

Which other companies' boards does Frank Pelzer currently serve on besides NTAP?

Frank Pelzer currently serves on the Board of Directors at Freshworks and Direct Travel.
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