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Total Compensation of NetApp’s Executive Officers

$12,859,367 for CEO George Kurian

In a SEC filing (page 45) published on August 2018, NetApp, Inc. revealed the compensation earned during the fiscal years ended in April 2016, 2017 and 2018 by its main executive officers.

Up to now we found only three executives in the storage industry with compensation higher than $12,859,367 earned here by George Kurian, CEO and president, NetApp:

  • Steve Milligan, CEO, WD: $19,738,381
  • D. Mark Durcan, former CEO, Micron: $15,701,652
  • Sanjay Mehrotra, president and CEO, Micron: $15,373,026
Name
and Position
Year
Salary Total Compensation Y/Y Growth
George Kurian, CEO and president 2016 $786,538 $9,514,323 NA
  2017 $875,000 $9,005,241 -5%
  2018 $925,000 $12,859,367 +43%
Henri P. Richard**, EVP WW field and customer operations 2017 $530,962 $6,863,545  NA
  2018 $575,000 $5,496,934  -20%
Ronald J. Pasek*, EVP and CFO 2016 $31,731 $31,939 NA
  2017 $550,000 $4,821,288 +1,510%
  2018 $585,000  $5,307,902 10%
Joel D. Reich, EVP and GM, storage systems and software business unit 2016 $419,454 $2,878,463 NA
  2017 $475,000 $3,621,182 +26%
  2018 $513,000  $4,434,244  +22%
Matthew K. Fawcett, SVP, general counsel and secretary 2016 $489,231  $3,209,989  NA
  2017 $500,000  $2,702,818 -16%
  2018 $520,000  $3,187,614  +18%

* Pasek became EVP and CFO in March 2016.
** Richard became EVP, WW field and customer operations, in May 2016.

Read also:
NetApp: Fiscal 4Q18 Financial Results
All figures increasing thanks to AFAs, but annual net income deeping
2018.05.25 | Press Release | [with our comments]
NetApp: Fiscal 4Q17 Financial Results
All-flash array annualized net revenue run rate of $1.70 billion, up 140% Y/Y
2017.05.26 | Press Release | [with our comments]
NetApp: Fiscal 4Q16 Financial Results
Revenue decreased year-over-year for eleven consecutive quarters and for third fiscal year.
2016.05.27 | Press Release | [with our comments]

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