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Nick Noviello CFO, NetApp

Succeeding Steve Gomo retiring by end of the year

NetApp, Inc announced that Steve Gomo, executive vice president and chief financial
officer, has made the decision to retire, effective December 31, 2011. Nicholas
R. Noviello, senior vice president of finance and global controller, will
succeed Gomo as CFO on January 1, 2012.

 

The transition in leadership is the
result of a planned management succession process.

netapp_steve_gomo Gomo, 59, joined NetApp in
2002
and is responsible for the company’s finance, workplace resources, and
investor relations functions.

"Steve has played a key role in NetApp’s success over
the past nine years,
" said Tom Georgens, president and CEO of NetApp.
"He personifies NetApp’s high-integrity culture and has helped us build a
successful business model, a sound financial strategy, and a strong balance
sheet. Under Steve’s leadership, we have developed an accomplished finance team
to continue to execute our strategic plan.
"

Georgens added: "I am pleased that Nick Noviello will
become NetApp’s CFO upon Steve’s retirement. Nick has demonstrated commitment
to NetApp’s vision and values and he has been an outstanding leader within the
finance organization.
"

Noviello, 42, joined NetApp in 2008 as vice president and
corporate controller and was subsequently promoted to senior vice president of
finance and global controller. He has been a key contributor to NetApp’s
financial strategy and operational cadence, and has been actively engaged in
decisions around NetApp’s business model, international finance, tax, capital
allocation, and mergers and acquisitions. Before NetApp, Noviello held
positions at Honeywell International and PricewaterhouseCoopers (PWC). At Honeywell,
he was CFO of two global multibillion-dollar business units, led large
international teams, drove business partnerships, ran investor relations, and
was a key contributor to strategy and operational performance.

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