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| Name | Position | External Roles | Short Bio | Start Date |
|---|---|---|---|---|
George Kurian ExecutiveBoard | Chief Executive Officer and Director | Board Member at Cigna Corporation | George Kurian has been CEO since June 1, 2015, leading NetApp's strategic direction and growth. He joined NetApp in April 2011 and has held various leadership roles. | 2015-06-01 |
César Cernuda Executive | President | Non-Executive Director at Gestamp, Advisory Board Member at Georgetown University and IESE Business School | César Cernuda joined NetApp in July 2020, leading global go-to-market strategies. He previously held leadership roles at Microsoft. | 2020-07 |
Elizabeth M. O'Callahan Executive | Executive Vice President, Chief Legal Officer, and Corporate Secretary | None | Elizabeth M. O'Callahan has been with NetApp since 2013, serving as Chief Legal Officer since January 2022. | 2022-01 |
Harvinder S. Bhela Executive | Executive Vice President and Chief Product Officer | None | Harvinder S. Bhela joined NetApp in January 2022, leading product and engineering teams. He previously spent 25 years at Microsoft. | 2022-01 |
Michael J. Berry Executive | Executive Vice President and Chief Financial Officer | Board Member at Rapid7, Inc. and Certinia | Michael J. Berry has been CFO since March 2020, overseeing finance and IT. He plans to transition out by May 2025. | 2020-03 |
Wissam Jabre Executive | Executive Vice President and Chief Financial Officer | Board Member at MKS Instruments, Inc. | Wissam Jabre joined NetApp as CFO in March 2025, with a strong track record in finance leadership roles at Western Digital and Dialog Semiconductor. | 2025-03-10 |
Anders Gustafsson Board | Director | Chair of the Board at Zebra Technologies, Director at International Paper Company | Anders Gustafsson joined NetApp's board in November 2023, with a background in leading business transformations at Zebra Technologies and Spirent Communications. | 2023-11-15 |
Carrie Palin Board | Director | SVP and CMO at Cisco Systems, Board Member at EnterpriseDB | Carrie Palin joined NetApp's board in 2021, with over 20 years of experience in marketing leadership roles at major tech companies. | 2021 |
Deborah L. Kerr Board | Director | Managing Director at Warburg Pincus, Board Member at Vodafone Group, Chico's FAS, defi Solutions, TRC, Certified Group | Deborah L. Kerr has been a director since 2017, with expertise in cloud and digital transformation. | 2017 |
Deepak Ahuja Board | Independent Director | Chief Business and Financial Officer at Zipline | Deepak Ahuja joined NetApp's board in 2020, bringing extensive financial leadership experience from Tesla and other companies. | 2020 |
Gerald Held Board | Director | Board Member at Informatica Corporation and Copia Global Inc. | Gerald Held has been a director since 2009, contributing his extensive experience in technology and strategic consulting. | 2009 |
June Yang Board | Director | Board Member at UiPath, Inc. | June Yang joined NetApp's board in 2024, bringing expertise in AI and cloud technologies from her roles at Google Cloud and VMware. | 2024-09-11 |
Scott F. Schenkel Board | Director | Board Member at Pinterest, Inc. | Scott F. Schenkel has been a director since 2017, with a strong background in finance and leadership roles at eBay and General Electric. | 2017 |
T. Michael Nevens Board | Chair of the Board | Board Member at Ciena Corporation, Emeritus Senior Advisor at Permira Funds | T. Michael Nevens has been a director since 2009 and Chair of the Board since 2015, providing governance and strategic insights. | 2009 |
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Operating cash flow decreased 25% year-over-year in Q1 due to higher incentive compensation payouts and payments for strategic SSD purchases; how do you plan to manage cash flow going forward to ensure sufficient liquidity while maintaining these investments?
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Despite a strong revenue performance, free cash flow declined 28% year-over-year, yet you returned $507 million to shareholders through share repurchases and dividends; is this level of shareholder returns sustainable given the decrease in free cash flow?
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You aim to achieve public cloud gross margins of 75%-80%, but haven't disclosed current margin levels; what are your current public cloud gross margins, and what challenges do you anticipate in reaching your long-term targets?
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With the CFO announcing his retirement amid an uncertain macroeconomic environment, how are you ensuring that this leadership transition won't disrupt your strategic plans and operational execution?
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Given that flash storage constitutes only about 40% of your installed base while hard drives still dominate, what strategies are you employing to accelerate the migration to flash, and how do you address potential customer hesitation due to economic uncertainties?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Instaclustr US Holding, Inc. | 2022 | Acquisition valued at approximately $498M with a structured allocation (cash, intangible assets, goodwill, and other assets/liabilities); it was undertaken to expand NetApp’s cloud offerings and managed services capabilities. |
CloudCheckr | 2022 | Acquisition valued at approximately $347M in cash with allocations including intangible assets, goodwill, and other assets/liabilities; it aims to deliver a cloud optimization platform that enhances cost efficiency, security, and compliance, driving incremental revenue. |
Fylamynt | 2022 | Acquisition priced at approximately $27M (with $22M at closing and a $5M indemnity holdback, of which $4M is expected within 12 months) to acquire cloud automation technology that integrates with the Spot platform and strengthens cloud operations. |
Recent developments and announcements about NTAP.
Earnings
New Earnings (Q3 2025)
·6 days agoView full earnings summary →NetApp’s Q3 results show strong product momentum (AFF, AMC, ASA) and robust Keystone growth, but operating cash flow declined ~$241M YoY. Despite deal slippage and cautious US/EU markets, leadership remains confident in mid-to-high single-digit growth through FY27.
8-K Filings
8-K Filing
·Feb 19, 2025, 9:34 PMFinancial ExhibitsLeadership ChangesView full 8-K filing →NetApp announces Wissam Jabre as EVP & Chief Financial Officer effective March 10, 2025, succeeding Mike Berry. His total compensation includes $7.5M in service-vested RSUs and a $6.5655M bonus subject to retention.