NetApp Expands Board with New Director Appointment

Story Highlights
NetApp Expands Board with New Director Appointment

NetApp ( (NTAP) ) has provided an update.

On March 21, 2025, NetApp’s Board of Directors expanded its board from nine to ten members and appointed Frank Pelzer as a new director. Pelzer, who will serve on the Audit Committee, is recognized as a financial expert and brings extensive experience in modern financial operations within cloud and as-a-service companies. His appointment is expected to drive NetApp’s strategic initiatives and enhance shareholder value as the company continues to innovate in data and intelligence.

More about NetApp

NetApp is an intelligent data infrastructure company that provides unified data storage, integrated data, operational and workload services. It aims to transform data infrastructure for businesses by offering seamless flexibility and superior cyber resilience, governance, and application agility. NetApp’s services are embedded in major cloud platforms, enabling continuous optimization of performance and efficiency through observability and AI.

YTD Price Performance: -18.32%

Average Trading Volume: 1,974,793

Technical Sentiment Signal: Hold

Current Market Cap: $19.48B

For a thorough assessment of NTAP stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App