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NetApp logoNetApp NTAP

NetApp said Elizabeth O’Callahan will permanently assume the Chief Human Resources Officer responsibilities on February 26, 2025, effective March 3, 2025, and take on additional operations and administration duties. Her title will change to Executive Vice President, Chief Administrative Officer and Secretary.

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

Key points

AI summary
  1. NetApp said Elizabeth O’Callahan will permanently assume the Chief Human Resources Officer responsibilities on February 26, 2025, effective March 3, 2025, and take on additional operations and administration duties. Her title will change to Executive Vice President, Chief Administrative Officer and Secretary.

  2. The company said its Talent and Compensation Committee of the Board of Directors approved changes to Elizabeth O’Callahan’s compensation package in light of her additional responsibilities. Her new annual base salary will be $715,000 effective March 3, 2025, and she will remain eligible for the compensation and benefit programs generally available to the company’s executive officers.

  3. The company said Elizabeth O’Callahan, age 55, joined NetApp in 2013 and has served as Executive Vice President, Chief Legal Officer and Secretary since January 2022. It also said there are no arrangements or understandings with any other person related to her appointment, no family relationship with any director or executive officer, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.

  4. NetApp said in its press release that Beth O’Callahan will continue to oversee Legal, Compliance, Government Relations and Sustainability, while newly assuming Human Resources, Workplace Experience and Corporate Communications. She will also keep her role as Corporate Secretary. The company said the aim is to unify these functions under a single leadership umbrella.

Summary

AI-written

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

Chief Administrative Officer Appointment and Effective Date

NetApp said Elizabeth O’Callahan will permanently assume the Chief Human Resources Officer responsibilities on February 26, 2025, effective March 3, 2025, and take on additional operations and administration duties. Her title will change to Executive Vice President, Chief Administrative Officer and Secretary.

Source · Based on the filing body and exhibits

Compensation Change: Annual Base Salary of $715,000

The company said its Talent and Compensation Committee of the Board of Directors approved changes to Elizabeth O’Callahan’s compensation package in light of her additional responsibilities. Her new annual base salary will be $715,000 effective March 3, 2025, and she will remain eligible for the compensation and benefit programs generally available to the company’s executive officers.

Source · Based on the filing body and exhibits

Elizabeth O’Callahan’s Background and No Related-Party Transactions

The company said Elizabeth O’Callahan, age 55, joined NetApp in 2013 and has served as Executive Vice President, Chief Legal Officer and Secretary since January 2022. It also said there are no arrangements or understandings with any other person related to her appointment, no family relationship with any director or executive officer, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.

Source · Based on the filing body and exhibits

Scope of Unified Responsibilities

NetApp said in its press release that Beth O’Callahan will continue to oversee Legal, Compliance, Government Relations and Sustainability, while newly assuming Human Resources, Workplace Experience and Corporate Communications. She will also keep her role as Corporate Secretary. The company said the aim is to unify these functions under a single leadership umbrella.

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.