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NetApp co-founder announces retirement

Feb. 14, 2019 12:18 PM ETNetApp, Inc. (NTAP) StockNTAPBy: Brandy Betz, SA News Editor
  • NetApp (NASDAQ:NTAP) co-founder and EVP Dave Hitz announces in a blog post that he's retiring from the company to pursue personal interests.
  • But Hitz will take on a new Founder Emeritus role at NetApp, which basically means he won't be paid but can still hang out around the company.
  • NetApp shares are down 6.2% to $63.18.
  • Previously: NetApp -7% on mixed Q3, downside revenue outlook (Feb. 13)

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