NetApp CEO George Kurian's 2018 pay jumps 43% to $13M
NetApp reports 2018 executive compensation
By ExecPay News
Published: August 1, 2018
NetApp reported fiscal year 2018 executive compensation information on August 1, 2018.
In 2018, five NetApp executives received on average a compensation package of $6.3M, a 16% increase compared to previous year.
Average pay of disclosed executives at NetApp
George Kurian, Chief Executive Officer, received $13M in total, which increased by 43% compared to 2017. 75% of Kurian's compensation, or $9.6M, was in stock awards. Kurian also received $2.3M in non-equity incentive plan, $925K in salary, as well as $15K in other compensation.
Henri P. Richard, Executive Vice President, Worldwide Field and Customer Operations, received a compensation package of $5.5M, which decreased by 20% compared to previous year. 71% of the compensation package, or $3.9M, was in stock awards.
Ronald J. Pasek, Chief Financial Officer, earned $5.3M in 2018, a 10% increase compared to previous year.
Joel D. Reich, Executive Vice President and General Manager, NetApp Storage Systems and Software Business, received $4.4M in 2018, which increases by 22% compared to 2017.
Matthew K. Fawcett, General Counsel, earned $3.2M in 2018, a 18% increase compared to previous year.
NetApp's fiscal year ends on April 29.
Related executives
George Kurian
NetApp
Chief Executive Officer
Ronald Pasek
NetApp
Chief Financial Officer
Joel Reich
NetApp
Executive Vice President and General Manager, NetApp Storage Systems and Software business unit
Henri Richard
NetApp
Former Executive Vice President, Worldwide Field and Customer Operations
Matthew Fawcett
NetApp
Executive Vice President, Chief Strategy Officer
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Source: SEC filing on August 1, 2018.