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# Nutanix Director Craig Conway Won't Seek Re-Election; Ex-President Tarkan Maner Gets $37,500 A Month To Advise
- URL: https://www.bullished.co/nutanix-director-craig-conway-wont-seek-re-election-ex-president-tarkan-maner-gets-37-500-bd458375/
- Published: 2026-10-07T20:35:57.000Z
- Updated: 2026-10-07T20:35:56.000Z
- Description: An 8-K shows a board exit at the 2026 annual meeting and a 12-month advisory deal with no severance or new equity for Maner.
- Author: Matteo Parrino
- Tags: SEC Filings, NTNX, Industry: Technology

[Nutanix](https://www.bullished.co/tag/ntnx/) director Craig Conway told the company on Monday that he [will not stand for re-election](https://www.sec.gov/Archives/edgar/data/0001618732/000119312526417007/ntnx-20261005.htm?ref=bullished.co) at the 2026 annual meeting, according to an 8-K. The same filing says Nutanix signed a $37,500-a-month advisory agreement on Wednesday with Tarkan Maner, who stepped down as president and chief commercial officer.

## What the 8-K says about Conway

Conway remains on the board until the 2026 annual meeting. The filing states that his decision is not the result of any disagreement with the company over its operations, policies or practices.

The board and the company thanked him for "many years of excellent service" and his contributions.

## The Maner advisory agreement

Nutanix first reported Maner's decision to step down in a Form 8-K filed September 24, 2026\. That filing said the two sides were discussing a possible senior advisor arrangement.

Wednesday's Transition Advisory Services Agreement finalizes it. Maner will serve as senior advisor for a twelve-month term, unless it ends sooner under its terms, for [a monthly fee of $37,500](https://www.sec.gov/Archives/edgar/data/0001618732/000119312526417007/ntnx-20261005.htm?ref=bullished.co).

The work covers support for strategic business opportunities, customer and partner relationship transitions, and strategic initiatives, plus other transition and strategic advisory services.

## What it changes

The agreement has no severance, make-whole payments, new equity awards or accelerated vesting, and it leaves the terms of his existing equity awards unchanged. While he provides services, Maner can keep meeting the vesting requirements on those awards under the applicable plans and award agreements.

The company can end the deal for cause, and either side can end it on 30 days' notice.

## What to watch

Nutanix expects to file the full advisory agreement as an exhibit to its 10-Q for the quarter ending October 31, 2026\. Conway's board seat comes up at the 2026 annual meeting.

The full text of the Maner agreement, which the 8-K calls only a summary, is due with the 10-Q for the quarter ending October 31, 2026.

### Sources

- [8-K Filing — Nutanix, Inc. (NTNX)](https://www.sec.gov/Archives/edgar/data/0001618732/000119312526417007/ntnx-20261005.htm?ref=bullished.co) — SEC EDGAR
- [Vaishali B Shivshankar joins Nutanix as marketing director, ETBrandEquity](https://brandequity.economictimes.indiatimes.com/news/the-people-report/nutanix-appoints-vaishali-b-shivshankar-as-marketing-director/134687160?ref=bullished.co) — brandequity.economictimes.indiatimes.com

### More on Nutanix

- [Nutanix CEO Rajiv Ramaswami Plans To Sell 324,955 Shares Worth $23.9 Million, Form 144 Shows](https://www.bullished.co/nutanix-ceo-rajiv-ramaswami-plans-to-sell-324-955-shares-worth-23-9-million-form-144-shows-cfad375f/)

[All Nutanix (NTNX) coverage →](https://www.bullished.co/tag/ntnx/)