Needham & Company Remained Sidelined Following CFO Departure From NetApp (NTAP)
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NetApp (NTAP) CFO Change, Guidance Reiteration Highlights an Early Stage Transition - Wells Fargo
January 7, 2016 7:50 AM ESTWells Fargo analyst, Maynard Um, likes NetApp's (NASDAQ: NTAP) strategy to pursue growth via acquisition but recognizes that it is in its early stages. He reduced his valuation range to reflect this transition. The Market Perform rating was maintained.
NTAP announced... More
NetApp (NTAP) Announces Management Streamlining; CFO Noviello Resigns
January 6, 2016 4:36 PM ESTNetApp, Inc. (Nasdaq: NTAP) announced organizational changes that will flatten and streamline the structure and enable focused execution in driving efficiency and velocity in the business. As part of this reorganization, Cynthia Stoddard, NetApp's Chief Information Officer, and Kris Newton, VP of Investor Relations, now report directly to CEO George Kurian, and Bill Berg, NetApp's SVP of Operations will report to EVP Joel Reich, among other changes. These changes are effective immediately.
NetApp also announced that Nick Noviello has decided to pursue another opportunity. Effective immediately, Jeffrey Bergmann, vice president of... More
