NetApp Management
Management criteria checks 4/4
NetApp's CEO is George Kurian, appointed in Jun 2015, has a tenure of 8.83 years. total yearly compensation is $11.37M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $26.36M. The average tenure of the management team and the board of directors is 3.3 years and 7.6 years respectively.
Key information
George Kurian
Chief executive officer
US$11.4m
Total compensation
| CEO salary percentage | 8.8% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
Returns On Capital At NetApp (NASDAQ:NTAP) Have Stalled
Apr 09
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50
Mar 19NetApp: AI Could Support More Upside - Initiating With A Buy
Mar 05NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50
Mar 05Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 02NetApp Q3 Earnings Preview: Key Things To Consider
Feb 28Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)
Feb 18NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing
Jan 31Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?
Dec 25NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear
Dec 07NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly
Nov 23Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors
Nov 08NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate
Oct 23NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50
Sep 23NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet
Sep 07NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50
Aug 27Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?
Aug 15If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity
Jul 31Returns At NetApp (NASDAQ:NTAP) Are On The Way Up
Jul 16NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50
Jun 23Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly
Jun 20NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50
Jun 05An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued
May 15NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger
Apr 13Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?
Mar 21NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly
Mar 07NetApp, Inc.'s (NASDAQ:NTAP) Intrinsic Value Is Potentially 44% Above Its Share Price
Feb 08With EPS Growth And More, NetApp (NASDAQ:NTAP) Makes An Interesting Case
Jan 26Returns At NetApp (NASDAQ:NTAP) Are On The Way Up
Jan 12NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50
Dec 28NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Jan 26 2018 | n/a | n/a | US$16m |
| Oct 27 2017 | n/a | n/a | US$641m |
| Jul 28 2017 | n/a | n/a | US$576m |
| Apr 28 2017 | US$9m | US$875k | US$481m |
Compensation vs Market: George's total compensation ($USD11.37M) is about average for companies of similar size in the US market ($USD13.37M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Kurian (56 yo)
8.8yrs
Tenure
US$11,370,423
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 | 8.8yrs | US$11.37m | 0.13% $ 26.2m | |
| President | 3.8yrs | US$6.82m | 0.021% $ 4.3m | |
| Executive VP & CFO | 4.1yrs | US$4.43m | 0.070% $ 14.5m | |
| Executive VP | 2.9yrs | US$2.91m | 0.0046% $ 961.0k | |
| Executive VP & Chief Product Officer | 2.3yrs | US$5.37m | 0.017% $ 3.5m | |
| VP, Controller & Chief Accounting Officer | no data | no data | no data | |
| Senior VP & Chief Information Officer | 7.5yrs | no data | no data | |
| VP of Corporate Communications & Investor Relations | 6.3yrs | no data | no data | |
| Chief Marketing Officer | 1.2yrs | 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 |
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: NTAP's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.8yrs | US$11.37m | 0.13% $ 26.2m | |
| Independent Director | 19.8yrs | US$343.23k | 0.016% $ 3.2m | |
| Director | less than a year | no data | no data | |
| Independent Director | 14.3yrs | US$333.23k | 0.010% $ 2.1m | |
| Independent Chairman of the Board | 14.3yrs | US$511.19k | 0.0072% $ 1.5m | |
| Independent Director | 10.6yrs | US$361.35k | 0.021% $ 4.3m | |
| Independent Director | 4.2yrs | US$345.73k | 0.0062% $ 1.3m | |
| Independent Director | 6.4yrs | US$338.23k | 0.0076% $ 1.6m | |
| Independent Director | 6.4yrs | US$365.10k | 0.012% $ 2.5m | |
| Independent Director | 3.2yrs | US$333.23k | 0.0017% $ 345.1k |
7.6yrs
Average Tenure
61.5yo
Average Age
Experienced Board: NTAP's board of directors are considered experienced (7.6 years average tenure).