George Kurian is the current CEO of NetApp, Inc., a role he has held since June 1, 2015. He has a solid background in technology and business, with a Bachelor’s degree in Electrical Engineering from Princeton University and an MBA...

George Kurian is the current CEO of NetApp, Inc., a role he has held since June 1, 2015. He has a solid background in technology and business, with a Bachelor’s degree in Electrical Engineering from Princeton University and an MBA from Stanford. Before becoming CEO, he served as Executive Vice President of Product Operations at NetApp and also worked at Cisco and Akamai Technologies. George is known for his strategic leadership style, focusing on aligning executive compensation with company performance. Under his guidance, NetApp has seen fluctuations in stock performance, particularly with significant insider trading activity peaking in 2024. For instance, in May 2023, he reported insider trading values nearing $46.74 million, reflecting his confidence in the company's future. Interestingly, his total compensation in 2023 was $11.37 million, which included no bonuses, indicating a strong focus on long-term performance rather than immediate gains. George’s path in technology leadership shows a commitment to driving shareholder value while navigating the challenges of a competitive market.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other NetApp CEOs

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George Kurian

CEO of NetApp

Education

BS in Electrical Engineering from Princeton University, MBA from Stanford University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1970 - 55 years ago

CEO of NetApp for

10 years 2 months (Jun 2015 - Present)

Previous Experience

Served as Executive Vice President of Product Operations, overseeing technology strategy and product development.

Rivals

Competitors/colleagues of George Kurian

A

Gary E. Dickerson

CEO of Applied Materials

2023 Compensation

Stock

$40.73M

Salary

$1.03M

Bonus

$1.63M

Other

$241.98K

Total Holdings

$268.96M

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Jay Chaudhry

Founder and CEO of Zscaler

2022 Compensation

Stock

$41.51M

Salary

$23.66K

Bonus

$0.00

Other

$0.00

Total Holdings

$61.56M

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Jen-Hsun Huang

Founder and CEO of Nvidia

2023 Compensation

Stock

$61.63M

Salary

$1.00M

Bonus

$4.00M

Other

$2.49M

Total Holdings

$5.89B

D

Michael S. Dell

Founder and CEO of Dell Technologies

2023 Compensation

Stock

$0.00

Salary

$950.00K

Bonus

$2.03M

Other

$47.41K

Total Holdings

$14.07B

Holdings

See how much did George Kurian make over time.

George Kurian's insider trading activity offers insights into his confidence in NetApp's performance. He has participated in significant trades, with notable values hitting $9.08 million in September 2019, which steadily increased over the months. The peak came in June 2023...

George Kurian's insider trading activity offers insights into his confidence in NetApp's performance. He has participated in significant trades, with notable values hitting $9.08 million in September 2019, which steadily increased over the months. The peak came in June 2023 when his transactions reached around $46.74 million. His trades indicate that he frequently buys and sells within a range, adjusting to market responses. From 2023 onwards, his trading activity suggests a focused strategy, maximizing the value of his holdings as the company's stock performed well. These holdings represent a major portion of his net worth, demonstrating his ongoing belief in NetApp's strategies and growth potential.

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Total Stock Sold

$50.48M

NTAP

$50.48M

781,772 NTAP shares

What if they kept their stock?

If George Kurian didn't sell their stock, today they would have:
Extra NTAP781,772 shares worth $33.84M.
This is -32.97% and $16.64M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of George Kurian.

No insider trades found for this CEO.

Compensation History

See how much did George Kurian make over time.

In 2023, George Kurian's total compensation was $11.37 million, which is made up of a $1 million salary and about $13,482 in other compensation that covers benefits like health insurance. He did not receive any bonuses or vested stock this year, as the company focuses on long-term performance incentives instead. This aligns with his strategic philosophy of linking pay to company success, ensuring that rewards come from hitting performance targets over time rather than short-term gains. His pay structure emphasizes the importance of financial metrics like revenue and adjusted operating income, showcasing a commitment to driving long-term value for shareholders.

Year

2023

Total Compensation

$1.01M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to align executive pay with performance metrics that drive long-term shareholder value, focusing on both financial and strategic objectives.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal 2023.

Other

$13.48K

Board Justification

Other compensation includes benefits such as health insurance and retirement contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus is on performance-based awards that vest over a multi-year period.

Performance Metrics

Performance metrics for fiscal 2023 included revenue and adjusted operating income, with a focus on achieving specific financial targets.

Other NetApp CEOs

Here are other CEOs of NetApp

Thomas Georgens

Ex-CEO of NetApp

August 2009 - June 2015