NetApp reports Q4 results, authorizes $1.1B buyback, CPO to depart by June 20

NetApp, Inc.

2025-FY EPS reported $5.67 vs consensus $1.92 ▲ beat (+194.8%)

Board authorized up to $1.1B in share repurchases with no expiration date.
EVP & CPO Harvinder Bhela to transition from role by June 20, 2025; will assist orderly handoff.
Q4 and FY2025 earnings press released; specific results not included in 8-K body.
Repurchases may use open market, 10b5-1 plans, private deals, or accelerated programs.

item 2.02 item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Harvinder Bhela

Executive Vice President and Chief Product Officer

NTAP · NetApp, Inc.

Effective: 2025-06-20
Filed: May 29, 2025, 7:59 PM ET

On May 23, 2025, Harvinder Bhela informed the Company of his decision to transition from his role of Executive Vice President and Chief Product Officer by June 20, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Harvinder Bhela changed role as Executive Vice President and Chief Product Officer at NetApp, Inc..

Action: transition from role
Role: Executive Vice President and Chief Product Officer

Exact text from the filing

On May 23, 2025, Harvinder Bhela informed the Company of his decision to transition from his role of Executive Vice President and Chief Product Officer by June 20, 2025.

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NetApp, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-078936

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