Feeds

NetApp boss flying high on Phenom?

500 employees get pink slips. He gets a new jet

Security for virtualized 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." ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Are you a fat boy? Get to university NOW, you PENNILESS SLACKER
Rotund types paid nearly 20% less than people who didn't eat all the pies
Emma Watson should SHUT UP, all this abuse is HER OWN FAULT
... said an anon coward who we really wish hadn't posted on our website
Japan develops robot CHEERLEADERS which RIDE on BALLS
'Will put smiles on faces worldwide', predicts corporate PR chief
Bruges Booze tubes to pump LOVELY BEER underneath city
Belgian booze pumped from underground
Let it go, Steve: Ballmer bans iPads from his LA Clippers b-ball team
Can you imagine the scene? 'Hey guys, it's your new owner – WTF is that on your desk?'
Amazon: Wish in one hand, Twit in the other – see which one fills first
#AmazonWishList A year's supply of Arran scotch, ta
SLOSH! Cops dethrone suspect - by tipping over portaloo with him inside
Talk about raising a stink and soiling your career
Oz carrier Tiger Air takes terror alerts to new heights
Don't doodle, it might cost you your flight
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

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.