NetApp (NTAP) CEO Departure 'Necessary First Step', Summit Research Says; Nimble Storage (NMBL) Acquisition Makes Sense Next

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Raymond James Maintains Market Perform Following NetApp's (NTAP) Leadership Changes

June 2, 2015 9:17 AM EDT

Raymond James maintains a Market Perform rating on NetApp (NASDAQ: NTAP) after NTAP announced important leadership changes. Analyst Brian Alexander views the changes as a response to execution issues.

Alexander commented, "After market close today, NetApp announced important leadership changes,... More

NetApp (NTAP) CEO Tom Georgens Departes; George Kurian Named to Position

June 1, 2015 4:20 PM EDT

NetApp (NASDAQ: NTAP) today announced changes to the executive leadership team and board of directors, effective immediately. George Kurian has been appointed by the board as chief executive officer and also appointed to the board of directors. Lead independent director Mike Nevens has been elected chairman of the board. These announcements follow the departure of Tom Georgens, the company's former chairman and chief executive... More