NetApp Names Tom Georgens CEO, Succeeding Dan Warmenhoven
Warmenhoven Named Executive Chairman in a Planned Transition
SUNNYVALE, CA--(Marketwire - August 19, 2009) - NetApp (NASDAQ: NTAP) today announced that
its Board of Directors appointed Tom Georgens as the company's president
and chief executive officer, succeeding Dan Warmenhoven, who led the
company as CEO for the past 15 years. The transition in leadership, which
is effective immediately, is the result of a management succession process.
Georgens, 49, has been president and chief operating officer and a member
of the Board of Directors since February 2008. He joined NetApp in October
2005 as executive vice president and general manager of Enterprise Storage
Systems and was named executive vice president of Product Operations in
January 2007.
Warmenhoven, 58, continues as chairman of the Board of Directors. He also
assumes the role of executive chairman, a newly created position to help
build and expand relationships with certain strategic partners around the
world, including service providers and key technology partners.
"Looking back, I am very proud that NetApp has achieved a leadership
position in the storage market and now look forward to supporting Tom as he
takes the company through the next stages of growth in a new era for the
information technology (IT) industry," said Warmenhoven. "Tom has
demonstrated proven leadership capabilities in strategy development and
day-to-day operations."
"I am honored to follow in Dan's footsteps," said Georgens. "In just 15
years, NetApp has grown from a $14 million startup with 45 employees into a
recognized market leader in networked storage and data management with $3.4
billion in annual revenues and approximately 8,000 employees around the
world. Dan also helped to cultivate a unique corporate culture, which has
resulted in NetApp consistently being recognized as a great place to work."
Georgens added, "I am excited about leading NetApp forward at a time when
the IT industry is at a critical inflection point that will create
tremendous opportunities and inevitable challenges. We are committed to
creating success for our customers and partners in this changing market
environment."
About NetApp
NetApp creates innovative storage and data management solutions that
accelerate business breakthroughs and deliver outstanding cost efficiency.
Discover NetApp's passion for helping companies around the world go
further, faster at www.netapp.com.
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