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    George Kurian

    Chief Executive Officer and Director at NetApp Inc
    Board
    Since June 1, 2015
    Age
    57 years
    Education
    Holds a BS degree in Electrical Engineering from Princeton University and an MBA from Stanford University.
    Tenure
    Joined NTAP in April 2011 as Senior Vice President of the Storage Solutions Group, later advancing to roles including Senior Vice President of the Data ONTAP Group and Executive Vice President of Product Operations, before becoming Chief Executive Officer and a Board Director on June 1, 2015.

    Also at NetApp Inc

    CC
    C\u00e9sar Cernuda
    President
    EMO
    Elizabeth M. O'Callahan
    Executive Vice President, Chief Legal Officer, and Corporate Secretary
    HSB
    Harvinder S. Bhela
    Executive Vice President and Chief Product Officer

    About

    George Kurian serves as the Chief Executive Officer and a member of the Board of Directors at NTAP. He joined in April 2011, beginning his journey as the Senior Vice President of the Storage Solutions Group, later steering the Data ONTAP Group and serving as the Executive Vice President of Product Operations. His leadership has been central to advancing NTAP’s technology strategy and product portfolio.

    Before his tenure at NTAP, he honed his expertise at leading organizations such as Cisco Systems, Akamai Technologies, Oracle Corporation, and as a management consultant with McKinsey & Company. These roles provided him with deep insights into both technology and strategic business management.

    In addition to his corporate responsibilities, he contributes as a board member at Cigna Corporation, participating in the compliance and people resources committees. He holds a BS degree in Electrical Engineering from Princeton University and an MBA from Stanford University, reflecting a solid foundation in both technical and managerial disciplines.

    $NTAP Performance Under George Kurian

    Past Roles

    OrganizationRoleDate RangeDetails
    NetAppExecutive Vice President of Product OperationsSeptember 2013 to May 2015Oversaw all aspects of technology strategy, product, and solutions development
    NetAppSenior Vice President of the Data ONTAP GroupDecember 2011 to September 2013Responsible for the Data ONTAP group
    NetAppSenior Vice President of the Storage Solutions GroupApril 2011 to December 2011Led the storage solutions group
    Cisco SystemsVice President and General Manager of the Application Networking and Switching Technology Group2002–2011Held several positions at Cisco, including this leadership role
    Akamai TechnologiesVice President of Product Management and Strategy1999–2002Held leadership role in product management and strategy
    McKinsey & CompanyManagement ConsultantN/AWorked as a Management Consultant
    Oracle CorporationLeader of Software Engineering and Product Management TeamsN/ALed Software Engineering and Product Management teams

    External Roles

    OrganizationRoleDate RangeDetails
    The Cigna GroupBoard MemberCurrentServes on the compliance committee and people resources committee

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,000,000 Annual (Fiscal 2024)Fixed cash compensation, deemed competitive within NetApp's Compensation Peer Group
    401(k) Matching Contributions$6,000 Annual (Fiscal 2024)Matching contributions under the tax-qualified 401(k) plan, capped at $6,000
    Life Insurance Premiums$7,482 Annual (Fiscal 2024)Dollar value of life insurance premiums paid by the company

    Performance Compensation

    Data from  FY 2024

    Annual ICP (Cash Incentive Plan)

    Metric (with weight)Target/RangeDetails
    Revenue (40%) 90% to 110% of targetFocus on driving growth and market performance
    Adjusted Operating Income (40%) 85% to 115% of targetReflects profitability; performance evaluated on AOI benchmarks
    Management Business Objectives (20%) Not explicitly quantifiedSplit into 10% for Strategic/Leadership and 10% for DEI&B, emphasizing comprehensive business objectives
    Target Award Percentage170% of salaryIncentive bonus set at 170% of base salary, unchanged from fiscal 2023

    Long-Term Equity Incentive Compensation

    Service-Vested RSUs

    Equity AwardGrant Date / Fair ValueVesting ScheduleDetails
    Service-Vested RSUsGrant Date: July 13, 2023 <br>Fair Value: $3,406,589 25% vests after 1 year; remaining awarded quarterly over the subsequent 3 years Provides long-term alignment with service; no performance conditions attached

    Performance-Based Restricted Stock Units (PBRSUs)

    Equity Award (Performance-Based)Target Fair Value / Target SharesVesting ConditionsPerformance Metrics & Details
    TSR-Based PBRSUsTarget Fair Value: $7,551,020 <br>Target Shares: 69,250 Vest at the end of a 3-year performance period (Fiscal 2024–2026) Based on 3-year cumulative Total Shareholder Return relative to a peer group; payout range 0%–200%
    Billings-Based PBRSUsTarget Fair Value: $3,419,642 <br>Target Shares: 69,250 Vest based on annual Billings targets over a 3-year period (Fiscal 2024–2026) Tied to annual Billings performance with thresholds at 50% (34,625 shares) and a maximum at 200% (138,500 shares)