NetApp names Tom Georgens CEO, replacing Dan Warmenhoven

NetApp names Tom Georgens CEO

SUNNYVALE, Calif. — Data storage company NetApp Inc. said Wednesday it has named Tom Georgens as CEO, replacing Dan Warmenhoven effective immediately.

The company said the transition is “the result of a management succession process.”

Georgens, 49, had been NetApp’s president and chief operating officer and a member of the company’s board since February 2008. He joined in 2005.

Warmenhoven, 58, will continue to serve as chairman. He had been CEO for the past 15 years.

Shares of NetApp, which also posted its fiscal first-quarter earnings results Wednesday, fell 94 cents, or 4.1 percent, to $21.95 in after-hours trading. The stock had closed up 4 cents at $22.89.