Seagate Technology Announces CFO Resignation
30 Luglio 2018 - 2:02PM
Business Wire
Seagate Technology plc (NASDAQ: STX) today announced that David
H. Morton, Jr., executive vice president and chief financial
officer at Seagate, will leave the company for a senior finance
executive role at another company. Morton has agreed to assist in
the orderly transition of his CFO responsibilities and will leave
the company on August 3, 2018. His departure is not based on any
disagreement with the company’s accounting principles, practices or
financial statement disclosures.
Dave Mosley, president and chief executive officer said, “On
behalf of the board of directors and executive team at Seagate, I
would like to thank Dave for his contributions over his 20+ year
tenure at the company. As chief financial officer, Dave championed
company-wide efforts to create shareholder value through optimizing
our financial model, strengthening the company’s balance sheet and
driving strategic investments. We wish Dave the best in his future
endeavors.”
Dave Morton said, “It has been a tremendous career experience
working at Seagate and I am proud of the successful transitions we
have accomplished in the business over the last few years. Seagate
is well positioned with a strong operational and financial
foundation to continue to achieve its strategic goals and create
shareholder value.”
Seagate will be initiating a search for a successor CFO and has
named Kathryn R. Scolnick interim CFO. Kathryn has been a senior
finance executive at Seagate for six years leading the company’s
investor relations and treasury operations.
About Seagate
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Seagate Technology plcAndrew Larg,
408-658-1059andrew.larg@seagate.com
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