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Total Compensation of Top NetApp Executive Officers

$19,273,341 in FY21 for president Cesar Cernuda

In 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.

Read also:
June 23, 2021: Total Compensation of Top NetApp’s Executive Officers

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