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Form 8-K · Current Report · Filed 2024-12-13

Western Digital's Executive Vice President Departing

On December 10, 2024, Western Digital Corporation announced that Robert Soderbery, Executive Vice President and General Manager, Flash Business, will cease to serve in his role effective January 2, 2025.

Filer
Western Digital Corporation WDC · NASDAQ
Filed
Accession
0001193125-24-278458
CIK
0000106040
Signal
High impactTechnology

Details

As per the company's Severance Plan, Soderbery is entitled to receive severance benefits, subject to certain conditions.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Departure Severance Agreement

Market reaction

Close before filing

$49.88

Next session

-1.0%

Since filing

+992.3%

Latest close

$544.84

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from WDC reporting the same item, with the next session's move:

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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