Total Compensation of Top NetApp Executive Officers
$19,273,341 in FY21 for president Cesar Cernuda
By Jean Jacques Maleval | January 4, 2023 at 2:01 pmIn a SEC filing (page 52) published on September 10, 2021, NetApp, Inc. revealed the compensation earned during the FY19, FY20 and FY21 by its main executive officers, below completed by the figures of FY16, FY17 and FY18.
Note that, in FY21, the company recorded sales of $5,744 million up 6% from FY20, with net income of $730 million.
Name and Position | Year |
Salary | Total Compensation | Y/Y Growth |
Cesar Cernuda, president (1) |
2021 | $675,869 | $19,273,341 |
NA |
George Kurian, CEO | 2016 | $786,538 | $9,514,323 | NA |
2017 | $875,000 | $9,005,241 | -5% | |
2018 | $925,000 | $12,859,367 | +43% |
|
2019 | $925,000 | $13,164,969 |
+2% |
|
2020 | $950,000 | $9,491,209 |
-28% |
|
2021 | $968,269 | $14,358,852 |
51% |
|
Brad Anderson, EVP hybrid cloud group |
2020 | $538,154 | $4,042,268 |
NA |
2021 | $560,577 | $4,550,290 |
13% |
|
Henri P. Richard, former EVP WW field and customer operations (2) |
2017 | $530,962 | $6,863,545 | NA |
2018 | $575,000 | $5,496,934 | -20% | |
2019 | $600,000 | $5,910,460 |
+8% | |
2020 | $600,000 | $3,666,420 |
-38% | |
2021 | $69,321 | $70,790 |
/9 |
|
Michael J. Berry, EVP and CFO |
2020 | $69,231 | $4,311,081 | NA |
2021 | $611,538 | $5,215,690 |
21% | |
Matthew K. Fawcett, SVP, chief strategy and legal officer, and secretary |
2018 | $500,000 | $2,702,818 | NA |
2019 | $520,000 | $3,187,614 |
+18% | |
2020 | $548,000 | $2,209,179 |
-31% | |
2021 | $558,538 | $5,910,460 |
168% |
(1) Cernuda commenced employment in 1FQ21.
(2) Richard became EVP, WW field and customer operations in May 2016, and employment was terminated in 1FQ21.
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June 23, 2021: Total Compensation of Top NetApp’s Executive Officers