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Tech — Hardware

NetApp Executive Compensation (FY26)

NTAP · San Jose, CA · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (DEF 14A): July 28, 2026
328 figures on this page: 318 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Companies named in the disclosed peer group include Adobe, Akamai, Arista Networks, Cadence Design Systems and F5 Networks, among others, and the Performance Peer Group includes Cisco Systems, Commvault, Dell Technologies, Synopsys and Teradata. George Kurian, Chief Executive Officer, received $22,157,635 in total compensation for fiscal 2026, and Kurian's total moved 4.2% lower from the $23,127,224 reported for fiscal 2025. Shareholders supported the say-on-pay proposal with 93.9% of votes cast for or against in favor at the meeting held September 10, 2025 for fiscal 2025.
Chief executive, fiscal 2026
◇
George Kurian
Latest say-on-pay support
=
September 10, 2025
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — George Kurian: $23,127,224 → $22,157,635 (4.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is NetApp's chief executive and what were they paid?
George Kurian, Chief Executive Officer, received $22,157,635 in total compensation for fiscal 2026. Kurian's total moved 4.2% lower from the $23,127,224 reported for fiscal 2025.
What was NetApp's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.9% of votes cast for or against in favor at the meeting held September 10, 2025 for fiscal 2025.
Which companies are in NetApp's peer group?
Companies named in the disclosed peer group include Adobe, Akamai, Arista Networks, Cadence Design Systems and F5 Networks, among others. The Performance Peer Group includes Cisco Systems, Commvault, Dell Technologies, Synopsys and Teradata.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
George Kurian
Chief Executive Officer
◇—◇—◇—◇◇
Cesar Cernuda
President
◇—◇—◇—◇◇
Michael Berry
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Harv Bhela
Executive Vice President and Chief Product Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
George Kurian
Chief Executive Officer
◇—◇—◇—◇◇
Cesar Cernuda
President
◇—◇—◇—◇◇
Harvinder Bhela
Executive Vice President and Chief Product Officer
◇—◇—◇—◇◇
Michael Berry
Former Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Elizabeth O’Callahan
Executive Vice President, Chief Administrative Officer and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
George Kurian
Chief Executive Officer
◇—◇—◇—◇◇
Cesar Cernuda
President
◇—◇—◇—◇◇
Harvinder Bhela
Executive Vice President and Chief Product Officer
◇—◇—◇—◇◇
Michael Berry
Former Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
George Kurian
Chief Executive Officer
◇—◇—◇—◇◇
Wissam Jabre
Executive Vice President and Chief Financial Officer
◇◇◇———◇◇
Cesar Cernuda
President
◇—◇—◇—◇◇
Harvinder Bhela
Executive Vice President and Chief Product Officer
◇—◇—◇—◇◇
Michael Berry
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Elizabeth O’Callahan
Executive Vice President Chief Administrative Officer and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Syam Nair
Executive Vice President and Chief Product Officer
◇◇◇—◇—◇◇
George Kurian
Chief Executive Officer
◇—◇—◇—◇◇
Wissam Jabre
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Cesar Cernuda
President
◇—◇—◇—◇◇
Elizabeth O'Callahan
Executive Vice President and Chief Administrative Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Cesar CernudaPSU◇◇◇—◇—◇
Cesar CernudaPSU◇◇◇—◇—◇
Cesar CernudaRSU◇——◇——◇
George KurianPSU◇◇◇—◇—◇
George KurianPSU◇◇◇—◇—◇
George KurianRSU◇——◇——◇
Harvinder S. BhelaPSU◇◇◇—◇—◇
Harvinder S. BhelaRSU◇——◇——◇
Wissam JabrePSU◇◇◇—◇—◇
Wissam JabreRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Wissam JabrePSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Cesar CernudaRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Syam NairPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
George KurianRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Elizabeth O'CallahanRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Wissam Jabre
Executive Vice President and Chief Financial Officer · Change-in-control agreement
Change-in-control multiple◇
Benefits continuation on change in control◇
Elizabeth O'Callahan
Executive Vice President and Chief Administrative Officer · Change-in-control agreement
Change-in-control multiple◇
Benefits continuation on change in control◇
George Kurian
Chief Executive Officer · Change-in-control agreement
Change-in-control multiple◇
Benefits continuation on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
T. Michael Nevens
Board chair
◇◇————◇
Deepak Ahuja
◇◇————◇
Carrie Palin
◇◇————◇
Frank Pelzer
◇◇————◇
Anders Gustafsson
◇◇————◇
Gerald Held
◇◇————◇
Deborah L. Kerr
◇◇————◇
June Yang
◇◇————◇
Paul Fipps
◇◇————◇
Scott F. Schenkel
◇—————◇
George Kurian served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer for non-employee directors

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Adobe ADBE
  • Akamai AKAM
  • Arista Networks ANET
  • Cadence Design Systems CDNS
  • F5 Networks FFIV
  • Fortinet FTNT
  • Hewlett Packard Enterprise HPE
  • Intuit INTU
  • Juniper Networks JNPR
  • Keysight Technologies KEYS
  • Nutanix NTNX
  • Palo Alto Networks PANW
  • Salesforce CRM
  • Seagate Technology STX
  • ServiceNow NOW
  • Western Digital WDC
  • Workday WDAY
Performance Peer Group
  • Cisco Systems CSCO
  • Commvault CVLT
  • Dell Technologies DELL
  • Synopsys SNPS
  • Teradata TDC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025September 10, 2025=◇◇◇
2024September 11, 2024=◇◇◇
2023September 13, 2023=◇◇◇
2022September 9, 2022=◇◇◇
2021September 10, 2021=◇◇◇
2020September 10, 2020=◇◇◇
2019September 12, 2019=◇◇◇
2018September 13, 2018=◇◇◇
2017September 14, 2017=◇◇◇
2016September 15, 2016=◇◇◇
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What this page does not include

Everything above is a fact NetApp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where NetApp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
328 figures on this page: 318 cited to the filing that reported them, 10 calculated from figures it prints.
318 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-321210
    Director Compensation · Director Compensation Table · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year End · and 1 more section
  2. 0001193125-25-202408
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0000950170-25-098850
    Summary Compensation Table
  4. 0000950170-24-105928
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000950170-24-086897
    Executive Compensation Tables and Related Information · Summary Compensation Table
  6. 0000950170-23-048229
  7. 0001308179-23-000928
    Executive Compensation Tables and Related Information · Summary Compensation Table
  8. 0000950170-22-018490
  9. 0001193125-21-271444
  10. 0001564590-20-043710
  11. 0001564590-19-034968
  12. 0001564590-19-020164
  13. 0001193125-18-277567
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-17-288320
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-16-714795
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Velarion, “NetApp executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/NTAP (accessed 2026).
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers NetApp discloses

The companies named in NTAP's own disclosed peer group.

AdobeCadence Design SystemsFortinetIntuitNutanixPalo Alto NetworksSalesforceSeagate TechnologyServiceNowWestern DigitalWorkdayCisco SystemsCommvaultDell TechnologiesSynopsysTeradata

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy