Netgear Names New CEO With An Eye On Software, Subscription Experience
Summary
Netgear Names New CEO With An Eye On Software, Subscription Experience Following a year-long search for its next leader as well as declining revenue and a falling stock price, the SMB networking company has brought on Charles (CJ) Prober as its new CEO to help set up Netgear as a more dominant player in the consumer and business networking industry, according to the company. SMB networking specialist Netgear has appointed Charles (CJ) Prober as the companys new CEO, effective immediately. The announcement comes as Netgear has been dealing with a cratering stock price — shares are down 30 percent over the past 12 months — as well as declining revenue and a net loss. Prober, for his part, has more than 20 years of experience in the tech industry, having most recently served as president for Life360 Inc., a company that provides location-based services, including sharing and notifications, via its family social networking app. He has also held positions such as CEO for consumer technology and asset tracking company Tile, which was acquired by Life360 in 2022, chief operating officer for GoPro, and senior vice president of digital publishing at Electronic Arts (EA).
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