Annual Salary and Total Compensation of Top Executives of NetApp

In a SEC filing (page 63) published on September 13, 2023, NetApp, Inc. revealed the compensation earned during the FY21, FY22 and FY23 by its main executive officers, below completed by the figures of FY16, FY17, FY19 and F20.

Note that, in FY23, the company net revenue was $6.36 billion, compared to $6.32 billion in FY22, a Y/Y increase of 1%.

Name and Position	Year	Salary	Total Compensation	Y/Y Growth
Cesar Cernuda, president (1)	2021	$675,869	$19,310,971	NA
	2022	$708,877	$11,217,030	-42%
	2023	$742,141	$6,824,505	-39%
George Kurian, CEO	2016	$786,538	$9,514,323	NA
	2017	$875,000	$9,005,241	-5%
	2018	$925,000	$12,859,367	*43%*
	2019	$925,000	$13,164,969	2%
	2020	$950,000	$9,491,209	*-28%*
	2021	$968,269	$14,358,852	*51%*
	2022	$991,346	$18,883,551	*32%*
	2023	$1,000,000	$11,370,423	*-40%*
Michael J. Berry, EVP and CFO	2020	$69,231	$4,311,081	NA
	2021	$611,538	$5,215,690	21%
	2022	$600,000	$7,379,414	41%
	2023	$600,000	$4,431,922	-40%
Arvinder S. Bhela, EVP and chief product officer	2022	$199,321	$20,416,698	NA
Arvinder S. Bhela, EVP and chief product officer	2023	$700,000	$5,368,153	*-74%*
Elisabeth M. O’Callahan, EVP, chief legal officer and corporate secretary	2022	$449,038	$3,136,497	NA
	2023	$500,000	$2,910,908	*-7%*

(1) Cernuda commenced employment in 1FQ21.

Read also:
June 23, 2021: Total Compensation of Top NetApp’s Executive Officers