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NetApp logoNetApp NTAP

NetApp said it appointed Daniel De Lorenzo as Vice President, Controller and Chief Accounting Officer and designated him as principal accounting officer, with both appointments effective as of April 8, 2024, April 4, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. NetApp said it appointed Daniel De Lorenzo as Vice President, Controller and Chief Accounting Officer and designated him as principal accounting officer, with both appointments effective as of April 8, 2024, April 4, 2024.

  2. The company said De Lorenzo takes over the principal accounting officer designation from Mike Berry, who continues to serve as Chief Financial Officer and principal financial officer.

  3. NetApp said De Lorenzo, 41 years old, served as Senior Director, Assistant Corporate Controller from January 2020 to March 2024 and worked at PricewaterhouseCoopers before joining the company in November 2011.

  4. The company said De Lorenzo's base salary is $370,000 a year and his target for the fiscal 2024 annual incentive plan is 48% of base salary, prorated between his old and new position targets as of April 8, 2024.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Daniel De Lorenzo Named Chief Accounting Officer

NetApp said it appointed Daniel De Lorenzo as Vice President, Controller and Chief Accounting Officer and designated him as principal accounting officer, with both appointments effective as of April 8, 2024, April 4, 2024.

Source · Based on the filing body and exhibits

Principal Accounting Officer Designation Passes From CFO Berry

The company said De Lorenzo takes over the principal accounting officer designation from Mike Berry, who continues to serve as Chief Financial Officer and principal financial officer.

Source · Based on the filing body and exhibits

De Lorenzo's Career and Education

NetApp said De Lorenzo, 41 years old, served as Senior Director, Assistant Corporate Controller from January 2020 to March 2024 and worked at PricewaterhouseCoopers before joining the company in November 2011.

Source · Based on the filing body and exhibits

Salary and Annual Incentive Target

The company said De Lorenzo's base salary is $370,000 a year and his target for the fiscal 2024 annual incentive plan is 48% of base salary, prorated between his old and new position targets as of April 8, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.