Western Digital Corporation
Western Digital Approves Major Charter and Bylaw Amendments
Summary
Western Digital Corporation held a special meeting of stockholders on May 10, 2024, where they approved several amendments to the company charter and bylaws. Key amendments included increasing the authorized shares of common stock, exculpating officers from personal liability, and modifying voting provisions for a subsidiary. The amendments were approved by a significant majority of votes, and the necessary certificates of amendment were filed and became effective on May 13, 2024.
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About Western Digital Corporation
Western Digital Corporation is a global leader in data storage solutions, specializing in designing, manufacturing, and marketing high-performance hard drives and solid-state drives for a variety of applications. As one of the key players in the data storage industry, Western Digital's primary function is to provide reliable and innovative storage products that serve consumer, business, and enterprise needs. Its product portfolio encompasses solutions for desktop and notebook computers, data centers, and the embedded and removable storage market through brands like WD and SanDisk. Western Digital plays a crucial role in sectors such as cloud computing, data infrastructure, and mobile device manufacturing, catering to the ever-growing demand for efficient data storage and management technologies. The company's commitment to research and development has positioned it at the forefront of technological advancements, helping to drive the innovations required to manage the digital information explosion effectively. Founded in 1970 and headquartered in San Jose, California, Western Digital continues to influence industry standards, making significant contributions to the infrastructure that powers today's digital world.
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