Western Digital Corp. Announces Board and Executive Changes
Ticker: WDC · Form: 8-K · Filed: May 8, 2025 · CIK: 106040
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: WDC
TL;DR
WDC board shakeup and exec comp changes effective May 6th.
AI Summary
Western Digital Corporation announced on May 6, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. These changes are effective as of May 6, 2025.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, potentially impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can indicate underlying issues or strategic shifts that may affect the company's future performance.
Key Players & Entities
- WESTERN DIGITAL CORPORATION (company) — Registrant
- May 6, 2025 (date) — Effective date of reported events
- Delaware (jurisdiction) — State of Incorporation
- 5601 Great Oaks Parkway San Jose, California 95119 (address) — Principal Executive Offices
FAQ
What specific items are being reported under the 8-K filing?
The filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.
When were the reported events effective?
The earliest event reported was effective May 6, 2025.
What is Western Digital Corporation's state of incorporation?
Western Digital Corporation is incorporated in Delaware.
What is the address of Western Digital Corporation's principal executive offices?
The principal executive offices are located at 5601 Great Oaks Parkway, San Jose, California 95119.
What is the SIC code for Western Digital Corporation?
The Standard Industrial Classification (SIC) code for Western Digital Corporation is 3572, which corresponds to COMPUTER STORAGE DEVICES.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 8, 2025 regarding WESTERN DIGITAL CORP (WDC).