AI
Dynatrace Announces Board Appointments
BOSTON, July 01, 2026--Dynatrace (NYSE: DT), the leading AI-powered observability platform, today announced the appointments of George Riedel and Dan Streetman to its Board of Directors, effective immediately. These appointments follow constructive and collaborative engagement with Starboard Value LP ("Starboard").
About this update from Dynatrace, Inc.
Dynatrace to Hold Investor Day Following Announcement of Second Quarter Fiscal Year 2027 Financial Results Appointments Follow Constructive Engagement with Starboard BOSTON, July 01, 2026 --( BUSINESS WIRE )--Dynatrace (NYSE: DT), the leading AI-powered observability platform, today announced the appointments of George Riedel and Dan Streetman to its Board of Directors, effective immediately. These appointments follow constructive and collaborative engagement with Starboard Value LP ("Starboard"). Mr. Riedel brings significant experience as a CEO and senior executive at technology companies, as well as many years of board chair and independent director experience at both private and public technology companies. Mr. Streetman is the CEO of Tanium, a privately held cybersecurity and systems management company that is leveraging AI to drive meaningful growth and profitability, and he brings decades of senior leadership experience in autonomous IT, enterprise software, and information technology. "George and Dan are experienced leaders whose valuable financial, operational, and business strategy expertise in technology broadly, and software and AI specifically, will serve as great resources for our management team in advancing our strategy to create value for shareholders," said Jill Ward, Chair of Dynatrace's Board of Directors. "We appreciate our engagement with Starboard and look forward to executing on our shared vision for Dynatrace's future." "This is an exciting and dynamic time for Dynatrace as we continue to capitalize on an AI-first world and the additions of George and Dan to our Board will further our commitment to this priority," said Rick McConnell, Chief Executive Officer of Dynatrace and a member of the Board of Directors. Dynatrace also announced its plans to hold an Investor Day following its announcement of Q2 fiscal 2027 financial results to outline its path to the "Rule of 50" 1 in fiscal 2029. The company reiterated its intention to continue returning significant capital to shareholders under its $1 billion share repurchase authorization and plans to communicate a capital return framework at the Investor Day. Dynatrace and Starboard intend to engage substantively in the coming months. Mr. McConnell continued, "We are continuing to execute our strategic plan to deliver balanced growth and profitability. We are also focused on refining our equity investor communications, including through our upcoming Investor Day, as we execute to achieve Dynatrace's operational and financial objectives."