Seagate Technology Reorganizes Around Core Product Groups

Strategic Insights -

Seagate Technology, a leading data technology company, has reorganized its operations to focus on three core product groups: Storage Products, Components, and Software. This structural change aims to address the challenges of storing, managing, and accessing large amounts of digital information. Five executive vice presidents have been appointed to lead the new groups, each with a wealth of experience in their respective fields.

Key Takeaways:

  • The company's Storage Products Group includes product research and development, worldwide manufacturing, materials, and quality operations, led by Ron Verdoorn as executive vice president and chief operating officer.
  • The Components Group includes product research and development, worldwide manufacturing, and quality, with Dr. Brendan Hegarty as executive vice president and chief operating officer, bringing over 25 years of experience in magnetic recording.
  • Seagate's Software Group comprises Crystal Software, Palindrome Corporation, Network Computing Inc., and NetLabs, with Steve Luczo as executive vice president of Corporate Development and chief operating officer, responsible for refining the company's strategic business development plans.
  • Don Waite has been appointed executive vice president and chief administrative officer, in addition to his role as chief financial officer, leading worldwide human resources, legal, facilities, and environmental, health, safety, and security operations.
  • Bernie Carballo has been appointed executive vice president, Worldwide Sales and Marketing, with over 20 years of experience in the data technology industry, and will oversee Sales, Marketing, Product Line Management, and Customer Service Operations for the Storage Products Group.
  • Seagate Technology provides products for storing, managing, and accessing digital information on computer and data communications systems, with a stock traded on the New York Stock Exchange under the symbol "SEG."

Statistics:

  • Seagate Technology has appointed five executive vice presidents to lead the new product groups.
  • Ron Verdoorn has 22 years of experience at Seagate, joining the company in 1983, and will lead the Storage Products Group.
  • Dr. Brendan Hegarty brings over 25 years of experience in magnetic recording and will lead the Components Group.
  • Steve Luczo has been with Seagate since 1993, as senior vice president, Corporate Development, refining the company's strategic business development plans.
  • Don Waite has over 25 years of experience in finance, accounting, and administration and will lead the company's worldwide human resources, legal, and other operations.
  • Bernie Carballo brings over 20 years of experience in the data technology industry and will oversee the company's Sales, Marketing, and Customer Service Operations.

Sources:

  • Seagate Technology. (March 29, 1995). Business Wire.
  • Julie A. Still, 408/439-2276.