Western Digital Corporation
Western Digital CFO to Resign Following Business Separation
Summary
On January 10, 2025, Western Digital Corporation announced that its Executive Vice President and CFO, Wissam Jabre, will resign effective February 28, 2025, following the separation of its flash business. Additionally, the company reported that its second fiscal quarter revenue is expected to be at the mid-point of the previously issued guidance range, with non-GAAP diluted EPS at the lower end of guidance due to a challenging pricing environment in the flash business.
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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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