NETGEAR gets new CEO
NETGEAR has announced a huge change in its leadership structure. Patrick C.S. Lo, the company’s co-founder, CEO, and Chairman of the Board, is set to retire from his executive role. Lo, who has been instrumental in shaping NETGEAR’s trajectory since its inception, will continue to provide his expertise as a strategic advisor until July 2024, ensuring a smooth transition.
Following a rigorous selection process, Charles (CJ) Prober has been appointed as the new CEO, a decision that has garnered the full support of the Board. Prober’s extensive background in consumer electronics, software, and subscription services aligns with NETGEAR’s strategic objectives, positioning him as the ideal successor to lead the company’s future initiatives.