Updated Apr. 8, 2014 at 7:27 a.m.

Premium Lock NetApp's CEO replaces chairman in shakeup; shares drop 3.3%

Published: 2014-04-07 09:25:00
Updated: 2014-04-08 07:27:04

NetApp's Dan Warmenhoven  NetApp's Dan Warmenhoven

Dan Warmenhoven, the chairman of the board at NetApp, is being replaced "effectively immediately" by the company's CEO, the storage device technology firm says. Warmenhoven, a former CEO of the firm, will leave the board in September. Also, the company promotes an executive to president with a $25,000 raise....

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