John McAdam will step down from F5 Networks board

Longtime F5 Networks board member John McAdam, who previously served as the company’s president and CEO for more than 16 years, told the company earlier this week he will step down. McAdam decided it was the right time for him to transition off the board because of its succession efforts and not due to any disagreement with the company, according to an statement F5 released Friday. He also noted numerous board and advisory positions with other organizations, including Seattle-based cloud cybersecurity…