Tech — Hardware

NetApp Executive Compensation (FY26)

NTAP · San Jose, CA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
George Kurian
Latest say-on-pay support
=
September 9, 2026
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of October 23, 2026Latest filing (8-K): September 11, 2026
16 filings cited on this page
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373 figures on this page: 362 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on NetApp

Five data products on this company. Each one is requested through the developer setup page.
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)
Say-on-pay support: 93.9% → 92.9% (1.0 points 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 92.9% of votes cast for or against in favor at the meeting held September 9, 2026 for fiscal 2026.
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
Harv Bhela
Executive Vice President and Chief Product Officer
◇◇◇—◇—◇◇
George Kurian
Chief Executive Officer
◇—◇—◇—◇◇
Cesar Cernuda
President
◇—◇—◇—◇◇
Michael Berry
Executive Vice President and Chief Financial 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 CernudaRSU◇——◇——◇
Cesar CernudaPSU◇◇◇—◇—◇
Cesar CernudaPSU◇◇◇—◇—◇
George KurianRSU◇——◇——◇
George KurianRSU◇——◇——◇
George KurianPSU◇◇◇—◇—◇
George KurianPSU◇◇◇—◇—◇
George KurianPSU◇◇◇—◇—◇
George KurianPSU◇◇◇—◇—◇
Harvinder S. BhelaRSU◇——◇——◇
Harvinder S. BhelaPSU◇◇◇—◇—◇
Harvinder S. BhelaRSU◇——◇——◇
Harvinder S. BhelaRSU◇——◇——◇
Harvinder S. BhelaPSU◇◇◇—◇—◇
Michael J. BerryPSU◇◇◇—◇—◇
Michael J. BerryPSU◇◇◇—◇—◇
Michael J. BerryRSU◇——◇——◇
Wissam JabreRSU◇——◇——◇
Wissam JabrePSU◇◇◇—◇—◇
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◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Elizabeth O'CallahanPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Cesar CernudaRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Syam NairPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
George KurianPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
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.
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
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Wissam Jabre
Executive Vice President and Chief Financial Officer · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

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◇
Board chair 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.

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
Additional disclosed peer group
  • PBRSUs symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026September 9, 2026=◇◇◇
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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- George Kurian (Chief Executive Officer), FY2026 total compensation $22,157,635 (base salary $1,000,000) [exec_comp, SEC accession 0001193125-26-321210, filed 2026-07-28]

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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.
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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 — $499
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.
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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.
373 figures on this page: 362 cited to the filing that reported them, 11 calculated from figures it prints.
362 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-389273
    Item 5.07 Submission of Matters to a Vote of Security Holders.
  2. 0001193125-26-321210
    Director Compensation · Executive Compensation Tables and Related Information · Grants of Plan-Based Awards
  3. 0001193125-25-202408
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000950170-25-098850
    Executive Compensation Tables and Related Information · Grants of Plan-Based Awards
  5. 0000950170-24-105928
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000950170-24-086897
    Executive Compensation Tables and Related Information · Summary Compensation Table
  7. 0000950170-23-048229
  8. 0001308179-23-000928
    Executive Compensation Tables and Related Information · Summary Compensation Table
  9. 0000950170-22-018490
  10. 0001193125-21-271444
  11. 0001564590-20-043710
  12. 0001564590-19-034968
  13. 0001564590-19-020164
  14. 0001193125-18-277567
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-17-288320
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0001193125-16-714795
Cite this data
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Velarion, “NetApp executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/NTAP (accessed 2026).
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The paid brief for NetApp

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
16 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers NetApp discloses

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

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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}
}
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