NetApp Management
Management criteria checks 2/4
NetApp's CEO is George Kurian, appointed in Jun 2015, has a tenure of 9.17 years. total yearly compensation is $17.74M, comprised of 5.6% salary and 94.4% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth MX$800.31M. The average tenure of the management team and the board of directors is 2.9 years and 8 years respectively.
Key information
George Kurian
Chief executive officer
US$17.7m
Total compensation
| CEO salary percentage | 5.6% |
| CEO tenure | 9.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.9yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 26 2024 | US$18m | US$1m | US$986m |
| Jan 26 2024 | n/a | n/a | US$940m |
| Oct 27 2023 | n/a | n/a | US$692m |
| Jul 28 2023 | n/a | n/a | US$1b |
| Apr 28 2023 | US$11m | US$1m | US$1b |
| Jan 27 2023 | n/a | n/a | US$1b |
| Oct 28 2022 | n/a | n/a | US$1b |
| Jul 29 2022 | n/a | n/a | US$949m |
| Apr 29 2022 | US$19m | US$991k | US$937m |
| Jan 28 2022 | n/a | n/a | US$1b |
| Oct 29 2021 | n/a | n/a | US$942m |
| Jul 30 2021 | n/a | n/a | US$855m |
| Apr 30 2021 | US$14m | US$968k | US$730m |
| Jan 29 2021 | n/a | n/a | US$592m |
| Oct 30 2020 | n/a | n/a | US$687m |
| Jul 31 2020 | n/a | n/a | US$793m |
| Apr 24 2020 | US$9m | US$950k | US$819m |
| Jan 24 2020 | n/a | n/a | US$1b |
| Oct 25 2019 | n/a | n/a | US$991m |
| Jul 26 2019 | n/a | n/a | US$989m |
| Apr 26 2019 | US$13m | US$925k | US$1b |
| Jan 25 2019 | n/a | n/a | US$1b |
| Oct 26 2018 | n/a | n/a | US$335m |
| Jul 27 2018 | n/a | n/a | US$268m |
| Apr 27 2018 | US$13m | US$925k | US$116m |
Compensation vs Market: George's total compensation ($USD17.74M) is above average for companies of similar size in the MX market ($USD6.07M).
Compensation vs Earnings: George's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
George Kurian (57 yo)
9.2yrs
Tenure
US$17,741,459
Compensation
Mr. George Kurian serves as an Independent Director of The Cigna Group (formerly known as Cigna Corporation) since January 2021. He has been the Chief Executive Officer of NetApp, Inc since June 1, 2015 an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.2yrs | US$17.74m | 0.15% $ 800.3m | |
| President | 4.1yrs | US$9.49m | 0.033% $ 175.5m | |
| Executive VP & CFO | 4.4yrs | US$6.76m | 0.091% $ 486.4m | |
| Executive VP | 3.3yrs | US$4.29m | 0.0064% $ 33.9m | |
| Executive VP & Chief Product Officer | 2.6yrs | US$7.56m | 0.066% $ 348.7m | |
| VP, Controller & Chief Accounting Officer | less than a year | no data | 0.00082% $ 4.4m | |
| VP of Corporate Communications & Investor Relations | 6.6yrs | no data | no data | |
| Chief Marketing Officer | 1.5yrs | no data | no data | |
| Executive VP & CHRO | less than a year | no data | no data | |
| Senior Vice President of Engineering - Hybrid Cloud Group | no data | no data | no data | |
| Managing Director of NetApp India Marketing & Services | no data | no data | no data | |
| Chief Diversity Officer | 1.5yrs | no data | no data |
2.9yrs
Average Tenure
52yo
Average Age
Experienced Management: NTAP *'s management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.2yrs | US$17.74m | 0.15% $ 800.3m | |
| Independent Director | 20.2yrs | US$368.12k | 0.0017% $ 8.9m | |
| Independent Director | less than a year | US$299.29k | 0% $ 0 | |
| Independent Director | 14.7yrs | US$358.12k | 0.010% $ 54.0m | |
| Independent Chairman of the Board | 14.7yrs | US$536.27k | 0.0056% $ 29.6m | |
| Independent Director | 10.9yrs | US$373.12k | 0.021% $ 110.1m | |
| Independent Director | 4.5yrs | US$393.12k | 0.0062% $ 33.1m | |
| Independent Director | 6.8yrs | US$363.12k | 0.0093% $ 49.5m | |
| Independent Director | 6.8yrs | US$380.62k | 0.012% $ 63.6m | |
| Independent Director | 3.5yrs | US$358.12k | 0.0017% $ 8.9m |
8.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: NTAP *'s board of directors are considered experienced (8 years average tenure).