Seagate Announces New Alignment of Global Markets & Customers Organization
January 04 2016 - 4:05PM
Business Wire
Dave Mosley to Oversee Sales &
Marketing;Rocky Pimentel to Transition to Executive Vice President
Role
Seagate Technology plc (NASDAQ: STX), a world leader in storage
solutions, today announced that its Global Markets & Customers
organization will be aligned under Dave Mosley, President,
Operations and Technology, effective immediately. Mr. Mosley will
continue to report to Steve Luczo, Chairman and Chief Executive
Officer.
“I’m looking forward to working with Dave over the next several
years as we continue to optimize Seagate in a way to best serve our
expanding global customer base. Seagate’s focus on operational
efficiency in our global high technology manufacturing facilities
and design centers has benefitted our storage technology portfolio,
competitive position and financial performance,” said Mr. Luczo.
“Given these positive results, we are extending this operational
efficiency into Seagate’s market-facing functions to help further
align our structure. We expect the transition to be seamless, as
Dave has previously managed Seagate’s sales, marketing and product
management functions.”
Rocky Pimentel, Seagate’s President of Global Markets and
Customers will remain with the company as Executive Vice President
and report to Mr. Luczo. Mr. Pimentel will have responsibility for
a number of strategic projects within the company and will continue
to serve on selected boards.
“Rocky has had a successful and evolving career at Seagate,”
Luczo continued. “We’re fortunate to be able to continue benefiting
from his valuable and strategic insights and leadership as he
shifts to his new role, which will give him the additional
bandwidth he requested to pursue one of his passions – providing
strategic counsel to startup companies. Further, Rocky can focus
more on his directorships and evaluate new opportunities to
leverage his deep experience in the technology industry.”
Pimentel has worked at Seagate since 2011, serving in a variety
of senior sales and marketing roles. He previously served on
Seagate’s Board of Directors from 2009 to 2011, was a member of the
early Seagate management team working with founders Al Shugart and
Finis Conner, and was part of the founding management team of
Conner Peripherals. He also currently serves as a member of the
Boards of Directors of Xilinx, Imperva and Lifelock.
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more at www.seagate.com.
©2016 Seagate Technology LLC. All rights reserved. Seagate,
Seagate Technology, and the Seagate logo are trademarks or
registered trademarks of Seagate Technology LLC in the United
States and/or other countries.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, each as
amended, including, in particular, statements about our plans, and
strategies. These statements identify prospective information and
may include words such as “expects,” “targets,” “intends,” “plans,”
“anticipates,” “believes,” “estimates,” “predicts,” “projects”,
“continue to”, and similar expressions. These forward-looking
statements are based on information available to the Company as of
the date of this press release and are based on management’s
current views and assumptions. These forward-looking statements are
conditioned upon and also involve a number of known and unknown
risks, uncertainties, and other factors that could cause actual
results, performance or events to differ materially from those
anticipated by these forward-looking statements. Such risks,
uncertainties, and other factors may be beyond the Company’s
control and may pose a risk to the Company’s operating and
financial condition. Such risks and uncertainties include, but are
not limited to: the uncertainty in global economic conditions; the
impact of the variable demand and adverse pricing environment for
disk drives, particularly in view of current business and economic
conditions; the Company’s ability to successfully qualify,
manufacture and sell its disk drive products in increasing volumes
on a cost-effective basis and with acceptable quality, particularly
the new disk drive products with lower cost structures; the impact
of competitive product announcements; currency fluctuations that
may impact the Company’s margins and international sales; possible
excess industry supply with respect to particular disk drive
products; disruptions to our supply chain or production
capabilities; unexpected advances in competing technologies; the
development and introduction of products based on new technologies
and expansion into new data storage markets; and the Company’s
ability to achieve projected cost savings in connection with
restructuring plans and fluctuations in interest rates. Information
concerning risks, uncertainties and other factors that could cause
results to differ materially from the expectations described in
this press release is contained in the Company’s Annual Report on
Form 10-K filed with the U.S. Securities and Exchange
Commission on August 11, 2015, the “Risk Factors” section of
which is incorporated into this press release by reference, and
other documents filed with or furnished to the Securities and
Exchange Commission. These forward-looking statements should not be
relied upon as representing the Company’s views as of any
subsequent date and the Company undertakes no obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made.
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is intended to be an inactive textual reference only and not an
active hyperlink. The information contained in, or that can be
accessed through, Seagate’s website is not part of this press
release.
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version on businesswire.com: http://www.businesswire.com/news/home/20160104006438/en/
Seagate TechnologyEric DeRitis,
408-658-1561eric.deritis@seagate.com
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