NetApp (NTAP) executive compensation, 2026 proxy

George Kurian, Chief Executive Officer, was paid $22.2M in fiscal 2026, down 4% from $23.1M the year before. The CEO-to-median-employee pay ratio was 163:1, on median employee pay of $136,143.

Filed
July 28, 2026
Annual meeting
September 9, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$22.2M-4% vs prior year
CEO to median employee
163:1median $136,143
CEO pay in equity
88%$19.6M in awards
Prior say-on-pay support
94%of votes cast
CEO stock awards
$19,552,872Fiscal 2026 grant-date fair value
Highest NEO total
$34,272,808Syam Nair
CEO target at-risk pay
95%Annual cash and equity
Performance-based target pay
65%Long-term incentive awards

How Kurian was paid

$22.2M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards88%Non-equity incentive7%All other compensation0%

Named executive officers

ExecutiveTotal
George KurianChief Executive Officer$22,157,635
Wissam JabreExecutive Vice President and Chief Financial Officer$11,488,305
Syam NairExecutive Vice President and Chief Product Officer$34,272,808
Cesar CernudaPresident$11,126,106
Elizabeth M. O’CallahanExecutive Vice President and Chief Administrative Officer$6,601,574

What changed and why

  • 95%95% of the CEO’s target direct compensation was at risk in fiscal 2026.
  • 65%65% of the CEO’s target direct compensation was performance-based long-term incentive awards.
  • 93.9%93.9% of votes cast approved say-on-pay at the 2025 annual meeting.
  • 85%85%-115% Individual Performance Modifier was introduced for fiscal 2026 incentive payouts.
  • $2.5M$2,500,000 one-time bonus paid to Syam Nair for forfeited prior-employer compensation.
  • 163:1 CEO-to-median-employee pay ratio reflected fiscal 2026 compensation.

Other NetApp proxy statements

  • 2025 proxy statement

    George Kurian paid $23.1M (+30% on the year), pay ratio 144:1.

    Filed Jul 25, 2025

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.