M&A
confidence high
sentiment positive
materiality 0.75
Western Digital names Flash spinoff CEO Goeckeler, HDD CEO Tan for separation
WESTERN DIGITAL CORP
- David Goeckeler appointed CEO Designate of Flash spinoff; Irving Tan named CEO of remaining HDD company (Western Digital).
- Spin-off on track for H2 2024; progress on legal entities in 18 countries, SEC/IRS filings, and contract assignments.
- Goeckeler will lead Flash spinoff; Tan, currently EVP Global Operations, will lead HDD company post-separation.
- Additional executive leaders for both companies to be named later; appointments effective upon spin-off completion.