Feeds

NetApp boss flying high on Phenom?

500 employees get pink slips. He gets a new jet

Next gen security for virtualised datacentres

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." ®

Next gen security for virtualised datacentres

More from The Register

next story
MEN WANTED to satisfy town full of yearning BRAZILIAN HOTNESS
'Prettier, better organised, more harmonious than if men were in charge'
Cops baffled by riddle of CHICKEN who crossed ROAD
'Officers were unable to determine Chicken's intent'
Yes, but what are your plans if a DRAGON attacks?
Local UK gov outs most ridiculous FoI requests...
Drunkards warned: If you can't walk in a straight line, don't shop online, you fool!
Put it away boys. Cover them up ladies. Your credit cards, we mean
Why your mum was WRONG about whiffy tattooed people
They're a future source of RENEWABLE ENERGY
Murder accused DIDN'T ask Siri 'how to hide my roommate'
US court hears of cached browser image - not actual request
Chomp that sausage: Brits just LOVE scoffing a Full Monty
Sales of traditional brekkie foods soar as hungry folk get their mitts greasy
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.