Western Digital Corp. (NASDAQ: WDC) today announced the appointment of
Robert Eulau to lead the company’s finance organization as executive
vice president and chief financial officer (CFO), reporting to Steve
Milligan, Western Digital’s chief executive officer (CEO). Eulau will
join Western Digital on April 22, 2019 to begin his transition into the
new role and will formally take over the CFO role from Mark Long on May
9, 2019. Eulau, who joins Western Digital with more than 30 years’
experience in financial and operational leadership roles in the
technology industry, succeeds Long, who, as previously announced, will
be leaving the company in June 2019.
“Western Digital occupies an increasingly strategic position in today’s
data-driven world. Bob Eulau’s background in optimizing financial and
operational performance, paired with his strong leadership skills, will
help position us to make the most of exciting short- and long-term
growth opportunities,” said Milligan. “I’m thrilled to be adding an
executive of Bob’s caliber to our leadership team and I look forward to
working with him.”
“I’m honored to join Western Digital at such an important time in the
company’s history,” said Eulau. “The team has built a strong platform
for growth and value creation, and I look forward to helping maximize
the many opportunities ahead for the company.”
Eulau was most recently CEO at Sanmina Corporation where he previously
served for eight years as CFO. Previously, Eulau held chief financial
officer positions at Alien Technology Corporation and Rambus
Incorporated, and held a number of financial leadership roles at
Hewlett-Packard Company. Eulau earned a Master’s in Business
Administration (Finance/Accounting) from The University of Chicago and a
Bachelor’s in Mathematics from Pomona College. He will be based at the
company’s San Jose, CA headquarters location.
About Western Digital
Western Digital creates environments for data to thrive. The company is
driving the innovation needed to help customers capture, preserve,
access and transform an ever-increasing diversity of data. Everywhere
data lives, from advanced data centers to mobile sensors to personal
devices, our industry-leading solutions deliver the possibilities of
data. Western Digital® data-centric solutions are marketed
under the Western Digital, G-Technology™, SanDisk® and WD®
brands.
Forward-Looking Statements
This press release contains forward-looking statements that involve
risks and uncertainties, including, but not limited to, statements
regarding the company’s transition plan for the chief financial officer
position and the company’s positioning to capitalize on opportunities
associated with the volume and value of data. Forward-looking statements
should not be read as a guarantee of future performance or results, and
will not necessarily be accurate indications of the times at, or by,
which such performance or results will be achieved, if at all.
Forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed or
implied in the forward-looking statements. Key risks and uncertainties
include: volatility in global economic conditions; business conditions
and growth in the storage ecosystem; impact of restructuring activities
and cost saving initiatives; impact of competitive products and pricing;
market acceptance and cost of commodity materials and specialized
product components; actions by competitors; unexpected advances in
competing technologies; the development and introduction of products
based on new technologies and expansion into new data storage markets;
risks associated with acquisitions, mergers and joint ventures;
difficulties or delays in manufacturing; and other risks and
uncertainties listed in the company’s filings with the Securities and
Exchange Commission (the “SEC”), including the company’s Form 10-Q filed
with the SEC on Feb. 5, 2019, to which your attention is directed. You
should not place undue reliance on these forward-looking statements,
which speak only as of the date hereof, and the company undertakes no
obligation to update these forward-looking statements to reflect
subsequent events or circumstances.
Western Digital, the Western Digital logo, G-Technology, SanDisk and WD
are registered trademarks or trademarks of Western Digital Corporation
or its affiliates in the U.S. and/or other countries.
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