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Western Digital Issues Update on Company Split: CEOs for Post-Split Entities Announced
by Anton Shilov on March 6, 2024 6:00 PM EST - Posted in - Storage - SSDs - HDDs - Western Digital - SanDisk Now well in the midst of executing its plan to divide itself into separate hard drive and NAND businesses, Western Digital today offered a fresh update on the state of that split, and what the next steps are for the company. With the eventual goal of dividing the company into two independent, publicly traded companies, Western Digital is reporting that they have made significant progress in key transactional projects, and they are also announcing their initial leadership appointments for the post-separation businesses.
Now well in the midst of executing its plan to divide itself into separate hard drive and NAND businesses, Western Digital today offered a fresh update on the state of that split, and what the next steps are for the company. "Today's announcement highlights the important steps we are making towards the completion of an extremely complex transaction that incorporates over a dozen countries and spans data storage technology brands for consumers to professional content creators to the world’s leading device OEMs and the largest cloud providers," said David Goeckeler, CEO of Western Digital. "I am pleased with the exceptional work the separation teams have done so far in creating a spin-ready foundation that will ensure a successful transition to independent, market-leading companies for our Flash and HDD businesses."
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