secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN DIGITAL CORP (WDC)
CIK:        0000106040
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001193125-25-115959
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Digital hires Kris Sennesael as CFO; $715K base, $2M signing bonus, $10M equity
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- Kris Sennesael appointed EVP and CFO, effective May 12, 2025; previously CFO of Skyworks Solutions.
- Compensation: base salary $715,000; target bonus 100% of base; $2M signing bonus (repayable if terminated within 2 years).
- Sign-on equity award $10M: 80% RSU ($8M) vesting over ~3 years; 20% PSU ($2M) vesting August 2028.
- Eligible for FY2026 annual equity award with grant date value ~$5.25M.
- Sennesael to lead global finance, accounting, treasury, IR; reports to CEO Irving Tan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106040/000119312525115959/0001193125-25-115959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106040/000119312525115959/d949135d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-115959

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer