Nutanix, Inc. Appoints Mark Templeton as Board Member
July 25, 2023 at 04:05 pm EDT
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On and effective as of July 24, 2023, the Board of Directors of Nutanix, Inc. upon recommendation of the Board?s Nominating and Corporate Governance Committee, approved an increase in the size of the Board from eight to nine members and appointed Mark Templeton as a Class I director. Mr. Templeton has not been named to any committee of the Board at this time. Based on the Board?s review of Mr. Templeton's independence and the Board?s consideration of whether Mr. Templeton (i) meets the objective tests for independence set forth in the listing rules of The Nasdaq Stock Market LLC and (ii) has a material relationship with the Company that would interfere with the exercise of independent judgment in carrying out the responsibilities of a director, the Board determined that Mr. Templeton is an independent director.
Nutanix, Inc. provides an enterprise cloud platform, Nutanix Cloud, which consists of software solutions and cloud services. The Company's solutions deliver a consistent cloud operating model across edge, private-, hybrid- and multi cloud environments for all applications and their data. Its solutions allow organizations to simply run and move their workloads, including enterprise applications, databases, end user computing and virtual desktop infrastructure (VDI) services, container-based modern applications, and analytics applications, between on-premises and public clouds. It operates a subscription-based business model to provide its customers to choose the licensing. The Companyâs Nutanix Cloud Infrastructure (NCI) offers hybrid cloud infrastructure combine its core Hyperconverged Infrastructure (HCI) software stack (AOS), native, enterprise-grade hypervisor (AHV), virtual networking, disaster recovery, network and data security and Kubernetes container runtime.