STX Seagate Technology Holdings PLC

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 4, 2016

SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (353) (1) 234-3136

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 4, 2016, Seagate Technology plc (the “Company”) appointed Albert A. “Rocky” Pimentel to the position of Executive Vice President. In his new role, Mr. Pimentel will have responsibility for a broad range of strategic projects.

Mr. Pimentel’s former responsibilities as President, Global Markets and Customers, will immediately transition to William D. Mosley, President, Operations, and Technology. Mr. Mosley, aged 49, has served as President, Operations and Technology since October 2013 and as Executive Vice President, Operations from March 2011 until October 2013. Prior to that, he served as Executive Vice President, Sales and Marketing from September 2009 through March 2011; Executive Vice President, Sales, Marketing and Product Line Management from February 2009 to September 2009; Senior Vice President, Global Disk Storage Operations from 2007 to 2009; and Vice President, Research and Development, Engineering from 2002 to 2007. No changes were made to Mr. Mosley’s title or compensation arrangements in connection with his expanded role within the Company. Mr. Pimentel is no longer eligible for the cash bonus opportunity of up to 25% of his annual base salary for achieving operational goals related to his former role, but otherwise his compensation arrangements remain unchanged.

A copy of the press release announcing these changes is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d)                Exhibits

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 4, 2016

3

Exhibit 99.1

Seagate Announces New Alignment of Global Markets & Customers Organization

Dave Mosley to Oversee Sales & Marketing;

Rocky Pimentel to Transition to Executive Vice President Role

CUPERTINO, CA — January 4, 2016 — 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.

© 2015 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.

The inclusion of Seagate’s website address in this press release 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.

Contacts

Media Relations

Seagate Technology

Eric DeRitis, 408-658-1561

eric.deritis@seagate.com