Last $35.87 USD
Change Today -0.175 / -0.49%
Volume 3.5M
NTAP On Other Exchanges
As of 8:10 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

netapp inc (NTAP) Snapshot

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01/23/14 - $45.96
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05/2/13 - $33.61
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netapp inc (NTAP) Details

NetApp, Inc. engages in design, manufacture, and marketing of networked storage solutions. The company supplies enterprise storage and data management software and hardware products and services. It offers FAS Storage Platform based on Data ONTAP, an operating system (OS) that supports storage area network (SAN) and network-attached storage (NAS) environments; storage efficiency technologies, such as FlexVol, FlexClone, and Deduplication technologies; and storage management and application integration software comprising OnCommand management software that controls, automates, and analyzes shared storage infrastructures. The company also offers fabric-attached storage unified storage systems for the storage of data on various OS platforms and network infrastructures; V-Series network-based virtualization solutions that provide SAN and NAS access to the data stored in heterogeneous storage arrays; data protection software products; data retention and archive products; storage security products; and StorageGRID, an object storage software to manage petabyte-scale object-oriented repositories of images, video, and records for enterprises and service providers. In addition, it offers and E-Series systems for data storage. Further, the company provides professional services, technical support solutions, and customer education and training to help customers in managing their data. It sells its products to energy, financial services, government, high technology, Internet, life sciences and healthcare services, manufacturing, media, entertainment, animation and video postproduction, and telecommunications sectors in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1992 and is headquartered in Sunnyvale, California.

13,060 Employees
Last Reported Date: 06/17/13
Founded in 1992

netapp inc (NTAP) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $926.3K
President and Head of Go-To-Market Operations
Total Annual Compensation: $595.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $468.8K
Senior Vice President of Legal, General Couns...
Total Annual Compensation: $406.3K
Compensation as of Fiscal Year 2013.

netapp inc (NTAP) Key Developments

QuickLogic Corporation Amends its Lease Agreement with NetApp

QuickLogic Corporation entered into a fourth amendment to lease (the “Amendment”) with NetApp, Inc. to extend the current term of the lease of its principal place of business for an additional three years from December 31, 2015 through December 31, 2018.

NetApp, Inc. Announces Executive Changes

NetApp, Inc. announced several changes to its board of directors. After a twenty-year career at the company, where he served previously as CEO and currently as chairman of the board, Dan Warmenhoven has decided to retire from his position and will not seek re-election. Warmenhoven will serve out his current term on the board until the company's Annual Meeting of Stockholders in September 2014. Tom Georgens, CEO of the company, has been elected chairman of the board and assumes the associated duties effective immediately. Additionally, Nicholas Moore, lead independent director has announced his intention to retire from the board and will not seek re-election. Michael Nevens will become lead independent director, effective immediately. Moore will serve out his current term on the board until the company's Annual Meeting of Stockholders in September 2014, and will facilitate the transition of lead independent director duties to Nevens. Nevens was appointed to the company's board in December 2009. He serves as a senior advisor to Permira. He also serves on the board of directors of Altera and Ciena Corporation. Nevens serves on the board of trustees of the San Jose Museum of Art. He is a member of the Advisory Council of the Mendoza College of Business at the University of Notre Dame, where he has been an adjunct professor of Corporate Governance and Strategy.

NetApp, Inc. Promotes Robert Salmon to President and Head of Go-to-Market (GTM) Operations

NetApp, Inc. announced that Robert Salmon has been promoted to president and head of Go-to-Market (GTM) Operations. Salmon previously served as executive vice president of worldwide Field Operations for NetApp. Salmon joined NetApp in 1994 as one of the first members of the sales organization where he laid the groundwork for the sales culture at NetApp; a culture focused on customer success. Since 2004, he has led the sales organization through several game-changing transitions, established long-term technology and GTM partnerships and is a key architect in NetApp's customer segmentation and selling model.


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