Feeds

NetApp boss flying high on Phenom?

500 employees get pink slips. He gets a new jet

Internet Security Threat Report 2014

As 500 NetApp staffers get their pink slips, it appears their their boss has a new airplane, an EMB-500 turbo-jet.

EMB-500 jet

The jet is made by Embraer-Empresa of Brazil and has a serial number of 50000010. You can see the US FAA record for this jet registered to Dan Warmenhoven here. (Click on the 673DC link). It is a light business jet with twin Pratt and Whitney turbofan engines mounted at the rear and is also known as the Phenom-100. There is no connection with AMD.

The Phenom-100 costs around $3m and will seat up to six passengers, though typically it will have 4 seats. We're told the cabin has a rigid lavatory door and a 45cu ft rear compartment for luggage. The plane has a range of 1,160 nautical miles and cruises at 380 knots.

The jet is for Dan Warmenhoven's private use and is not a NetApp corporate airplane.

NetApp's VP for corporate relations, Eric Brown, said: "Dan placed an order for a new plane two years ago and it was just recently delivered because of a long waiting list. The waiting list today for that particular model is now four years plus. The global economy was in a very healthy spot two years ago and no one foresaw the decline that has been gripping the world recently."

Concerning the layoffs announced on Monday, he added: "Dan was personally committed to making sure NetApp employees around the world got severance packages that would go beyond what even the most generous packages typically include - in line with his own ethics and our commitment to be a model company."

"As an example, all US employees will be paid their annual bonus pro-rated for the first three quarters of the year along our bonus accrual guidelines. That is extremely rare in severance payouts...I hope this example shows that we as a company and Dan in particular as our CEO and as a compassionate man do not take a reduction in force as something trivial." ®

Beginner's guide to SSL certificates

More from The Register

next story
WRISTJOB LOVE BONANZA: justWatch sex app promises blind date hookups
Mankind shuffles into the future, five fingers at a time
Every billionaire needs a PANZER TANK, right? STOP THERE, Paul Allen
Angry Microsoftie hauls auctioneers to court over stalled Pzkw. IV 'deal'
Apple's Mr Havisham: Tim Cook says dead Steve Jobs' office has remained untouched
'I literally think about him every day' says biz baron's old friend
Flaming drone batteries ground commercial flight before takeoff
Passenger had Something To Declare, instead fiddled while plane burned
Cops apologise for leaving EXPLOSIVES in suitcase at airport
'Canine training exercise' SNAFU sees woman take home booming baggage
Oi, London thief. We KNOW what you're doing - our PRECRIME system warned us
Aye, shipmate, it be just like that Minority Report
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.