BNET Industries

Market Cap:$5.7B
Last Fiscal Year Sales:$8.0B
  • Public
  • US
Dow Jones Description

Hard Drives Designer & Mfr for the Mainstream Personal Computer & Consumer Electronics Markets

Chief Executive OfficerJohn F. Coyne
Number of Employees 50,072
Contact Information

20511 Lake Forest Dr

Lake Forest, California 92630-7741

www.westerndigi...

(949) 672-7000

NAICS Code Computer Storage Device Manufacturing: 334112

Recent Events

  • SMB data storage news briefs: NetGear announces ReadyNAS 3200 for SMBs

    6/25/09 - Product Announcement - View Story

  • WD Updates Dual-Drive My Book World NAS

    6/24/09 - Product Announcement - View Story

  • Seagate refreshes external storage lineup for Mac

    6/24/09 - Product Announcement - View Story

  • Western Digital launches SiliconDrive III Solid State Disk drives

    6/16/09 - Product Announcement - View Story

  • Western Digital launches line of embedded SSDs

    6/16/09 - Product Announcement - View Story

  • Hua An sues Lehman Brothers over US$90m loss by QDII fund

    6/17/09 - Lawsuit Filed - View Story

  • Jon7

    6/24/09 - Product Announcement - View Story

  • Western Digital launches 4TB eSATA drive

    6/12/09 - Product Announcement - View Story

  • WD Targets Mac Users With New My Book 4TB Storage

    6/09/09 - Product Announcement - View Story

  • Data storage news: IDC says storage software sales slip

    6/12/09 - Product Announcement - View Story

  • Virtualisation no threat to HDD, says Western Digital

    6/04/09 - Product Announcement - View Story

  • Western Digital Selling Malaysia Parts Plant

    5/21/09 - Merger / Acquisition - View Story

  • WD Announces 2-TB GreenPower Drive

    5/20/09 - Product Announcement - View Story

  • Western Digital cuts power drain on new drive

    5/20/09 - Product Announcement - View Story

  • Western Digital launches a 2TB hard drive

    5/19/09 - Product Announcement - View Story

  • Green in: SMPS converters, hard disk drives

    5/16/09 - Product Announcement - View Story

  • Seagate's desktop hard drive gets extra green

    4/30/09 - Product Announcement - View Story

  • Western Digital Launches a DVR Expander

    4/27/09 - Product Announcement - View Story

  • Western Digital sinks after analyst downgrade

    4/24/09 - Bond / Stock Rating - View Story

News & Analysis

western digital corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
John F. Coyne Chief Executive Officer
Hossein Moghadam Cto & Senior Vice President, R & D
Tim Leyden CFO & Executive Vice President
Raymond M. Bukaty General Counsel, Secretary & Senior Vice President, Admin
Cathy Scott Vice President, Corp Communications
Jim Morris Vice President & General Manager, Notebook Storage Business Unit
Joseph R. Carillo Controller & Vice President
Joseph R. Carrillo Vice President
Peter Edinger Vice President, EMEA Sales
Robert J. Blair Vice President, Corp IR
Scott Davis Vice President, Intl Sales
Steven M. Slavin Vice President, Taxes & Treasurer
Bobby King Human Resources Director
Steve Shattuck Director, Public Relations
Jennifer Serfas Senior Manager, Marketing
Henry T. Denero Director
Kathleen A. Cote Director

Board of Directors

Name (plus bio) Position
Arif Shakeel Member , Board of Directors
John T. Rynd Board of Directors
Michael D. Lambert Board of Directors
Peter D. Behrendt Board of Directors
Roger H. Moore Board of Directors
William L. Kimsey Board of Directors

John F. Coyne is president and chief executive officer of Western Digital. He is a member of WD’s board of directors, has been president since June 2006 and became CEO in January 2007. Coyne has dedicated the majority of his career to WD, serving the company in many capacities around the globe. John F. Coyne has been a director since October 2006. He joined us in 1983 and has served in various executive capacities. From November 2002 until June 2005, Mr. Coyne served as Senior Vice President, Worldwide Operations, from June 2005 until November 2005, he served as Executive Vice President, Worldwide Operations, and from November 2005 until June 2006, he served as Executive Vice President and Chief Operations Officer. Effective June 2006, he was named President and Chief Operating Officer. In January 2007, he became President and Chief Executive Officer. Mr. Coyne is also a director of Jacobs Engineering Group Inc.

Organization Position Status
Western Digital Corporation Chief Executive Officer Current
Western Digital Corporation President Current
Western Digital Corporation Board of Directors Current
Jacobs Engineering Group, Inc. Board of Directors Current
Western Digital Corporation Chief Operations Officer Former
Western Digital Corporation Executive Vice President, Worldwide Operations Former
University College Dublin Bachelor’S Degree In Mechanical Engineering Former

Dr. Hossein Moghadam is a long-time industry veteran whose storage background spans more than three decades. Moghadam is responsible for Western Digital's worldwide engineering and research and development program. He joined the company in 2000 as vice president of engineering and San Jose site manager. Before joining WD, Moghadam was with Terastor Corp., serving as senior vice president of engineering. Previously, he spent nine years with Seagate where his most recent position was CTO and senior vice president of research and development. Moghadam began working for Seagate in 1989 as a result of a series of acquisitions, including Rigidyne Corp., a storage hardware technology company, which he founded in 1986. His 17 years previous to Rigidyne Corp. were spent in various management roles with Pertec Peripherals, Control Data, Honeywell and General Electric. Moghadam earned his bachelor’s, master’s and doctorate degrees in electrical engineering from the University of Oklahoma.

Organization Position Status
Western Digital Corporation Cto & Senior Vice President, R & D Current
Terastor Corporation senior vice president of engineering Former
Western Digital Corporation Senior Vice President, Res Former

Timothy M. Leyden rejoined Western Digital in May 2007 as executive vice president, finance, and became chief financial officer on September 1st 2007, reporting to John Coyne, president and chief executive officer. He previously served in various capacities with WD from 1983 through 2000. Prior to his return to WD, Leyden was senior vice president and chief financial officer of Sage Software Inc., a subsidiary of Sage Group PLC, a U.K. public company. Before that, he had worked as a management consultant to technology based companies during 2001 with Pittiglio, Rabin, Todd & McGrath. In his earlier career at WD, Leyden served in various worldwide finance, manufacturing, and information technology capacities in the company's storage controller, semiconductor and hard drive businesses, both in his native Ireland and in the U.S. During that time, he worked closely with John Coyne, who became CEO of WD in January 2007. They worked together on the acquisition and integration teams when WD entered the hard drive business in 1988. Leyden received his ACMA (Associate Chartered Management Accountant) certification from the Chartered Institute of Management Accountants, Chapter St., London. He earned a master’s degree of business administration from University of California, Irvine.

Organization Position Status
Western Digital Corporation CFO & Executive Vice President Current
Western Digital Corporation Executive Vice President, Finance Former

In his role, Bukaty oversees WD’s corporate law, intellectual property, risk management, stock plans administration and corporate services departments. Reporting to president and chief executive officer, John Coyne, his insight, experience and management skills fill a critical role for the company, with his team integral to many aspects of the company’s operation. Bukaty began with WD as vice president, corporate law in 1999, bringing a wealth of corporate law experience, including an extensive background with large public companies and emerging growth companies. During his tenure to date, the complexity of the company’s legal needs increased with the implementation of corporate governance changes in response to Sarbanes-Oxley, the expansion of international operations, the growth of strategic business alternatives, the launch, management and disposition of five subsidiary companies and the formation of a holding company structure. WD made significant progress during this period, restructuring its operations, turning financial losses into profits, acquiring the assets of Read Rite Corporation, re-emerging as a premium hard drive supplier to the PC market and creating new markets for hard drives such as personal video recorders and gaming consoles. Previously, beginning in 1995, Bukaty served Fluor Corporation, Aliso Viejo, Calif., as assistant general counsel for that company’s corporate group. Before that, he was a partner with the law firm Riordan and McKinzie (now part of Bingham, McCutchen, LLP), Los Angeles, Calif., where he honed his skills in securities, mergers and acquisitions, venture capital funds and leveraged buyout funds. Raymond M. Bukaty received in 1983 combined juris doctor and master’s of business administration degrees from the University of Southern California and earned a bachelor’s degree from Stanford University in 1979. Bukaty currently serves on the board of directors for Mercy House, a charity supporting the homeless in Southern California, and Orange County ARC, a charity providing assistance to the developmentally disabled.

Organization Position Status
Western Digital Corporation General Counsel, Secretary & Senior Vice President, Admin Current
Southern California University Former
Bukaty Former
Fluor Corporation Former
Organization Position Status
Western Digital Corporation Vice President, Corp Communications Current
Organization Position Status
Western Digital Corporation Vice President & General Manager, Notebook Storage Business Unit Current
Organization Position Status
Western Digital Corporation Controller & Vice President Current
Organization Position Status
Western Digital Corporation Vice President Current
Western Digital Corporation Corporate Controller Current
Organization Position Status
Western Digital Corporation Vice President, EMEA Sales Current
Organization Position Status
Western Digital Corporation Vice President, Corp IR Current
Organization Position Status
Western Digital Corporation Vice President, Intl Sales Current
Organization Position Status
Western Digital Corporation Vice President, Taxes & Treasurer Current
Organization Position Status
Inspire Community Founder, CEO Current
Western Digital Corporation Human Resources Director Current
Colorado Homeless Families, Inc. Treasurer of the Board of Directors Current
University of Phoenix M.A. Degree In Organizational Management Former
University of Phoenix M.A. Degree In Organizational Management Former
Tennessee State University B.S. Degree In Political Science Former
Organization Position Status
Western Digital Corporation Director, Public Relations Current
Western Digital Corporation Director, Public Relations Former
Organization Position Status
Western Digital Corporation Senior Manager, Marketing Current

Arif Shakeel has been a director since September 2004. He joined us in 1985 and has served in various executive capacities. From February 2000 until April 2001, he served as Executive Vice President and General Manager of Hard Disk Drive Solutions, from April 2001 until January 2003, he served as Executive Vice President and Chief Operating Officer, and from January 2002 until June 2006, he served as President. He served as Chief Executive Officer from October 2005 until January 2007. He served as Special Advisor to the Chief Executive Officer from January 2007 until June 2007.

Organization Position Status
Western Digital Corporation Member , Board of Directors Current
Western Digital Corporation CEO Former
Western Digital Corporation Chief Operating Officer Former
Western Digital Corporation Executive Vice President Former
Western Digital Corporation General Manager , Hard Drive Solutions Former
Western Digital Corporation Product Manager, Integrated Drive Electronics Former
Orange County Former
Pepperdine University MBA Former
Memphis State University Bachelor of Science Degree In Mechanical Engineering Former
Organization Position Status
Arcturus Capital Executive Current
Vignette Corporation Director Current
PortalPlayer, Inc. Director Current
Western Digital Corporation Director Current
Arcturus Capital Board of Directors Current
Banta Corporation Board of Directors Current
Dayton Hudson Corporation Chief Financial Officer Former
First Data Corporation executive vice president Former
McKinsey & Company, Inc. Senior Partner Former
First Data Corporation Group Executive, Commercial Payments Former
THQ Inc. Director Former
McKinsey & Company, Inc. Director Former
Dayton Hudson Corporation Vice Chairman Former
Stanford Graduate School of Business MBA Former
Amherst College BA Former
Organization Position Status
Western Digital Corporation Board of Directors Current
Organization Position Status
Fit Just Right Chief Financial Officer Current
3Com Corporation Board of Directors Current
Soltrus Director Current
VeriSign, Inc. Board of Directors Current
Western Digital Corporation Director Current
Efarm, Inc. Board of Directors Current
Workscape Inc. Board of Directors Current
RadView Software Ltd. Director Current
Forgent Networks, Inc. Board of Directors Current
Computervision Corporation Chief Executive Officer Former
Worldport Communications, LLC Chief Executive Officer Former
Computer Vision CEO Former
Prime Services, Inc. President Former
Computervision Corporation President Former
Computer Vision president Former
Prime Services, Inc. General Manager Former
Babson College MBA Former
University of Massachusetts Amherst bachelor's degree Former
Organization Position Status
Panasas, Inc. Board of Directors Current
Western Digital Corporation Board of Directors Current
Vignette Corporation Board of Directors Current
The Computer Company, Inc. Senior Vice President Former
Dell Inc. senior vice president Former
Hewlett-Packard Company vice president of sales and marketing Former
Vignette Corporation chairman Current
Panasas, Inc. member Former

Peter D. Behrendt has been a director since 1994. He was Chairman of Exabyte Corporation, a manufacturer of computer tape storage products, from January 1992 until he retired in January 1998 and was President and Chief Executive Officer of Exabyte Corporation from July 1990 to January 1997. Mr. Behrendt is currently a venture partner with NEA, a California-based venture fund. He is also a director of Infocus Corporation.

Organization Position Status
Western Digital Corporation Board of Directors Current
Exabyte Corporation Chief Executive Officer Former
Exabyte Corporation Chairman Former
University of California, Los Angeles degree in Engineering Former
Organization Position Status
Accessline Co Current
Western Digital Corporation Board of Directors Current
Tut Systems, Inc. Board of Directors Current
VeriSign, Inc. Board of Directors Current
Nptc Director Current
Soltrus Director Current
Nauticom Internet Services, Inc Director Current
Consolidated Communications, Inc. Director Current
Pittsburgh Web Design Director Current
Pittsburgh Web Hosting Director Current
VeriSign, Inc. Director Former
Tut Systems, Inc. Director Former
Myrio Corporation Director Former
Virginia Polytechnic Institute and State University B.S. degree in General Science Former
Organization Position Status
Royal Caribbean International Director Current
Incredible Cruising Director Current
Sandra Catron Director Current
Fwo Travel Director Current
Ronald King and Family Director Current
Celebrity Vineyards Director Current
Royal Caribbean Cruises Ltd. Board of Directors Current
Western Digital Corporation Board of Directors Current
NAVTEQ Corp. Board of Directors Current
Accenture Ltd. Board of Directors Current
Parsons Corporation Board of Directors Current
Ernst & Young chief executive officer Former
Ernst & Young Chief Operating Officer Former
Ernst & Young Director Ejecutivo Former
Ernst & Young Board member Former
University of Missouri bachelor of science degree in Business Administration Former

Executive News

  • Asure Software Board of Directors Appoints COO Nancy L. Harris as President and Chief Executive Officer

    TMC Net - 6/18/09 - View Story

  • Market Report -- In Play (ASUR)

    Briefing.com via MSN Money - 6/18/09 - View Story

  • Asure Software Board of Directors Appoints COO Nancy L. Harris as...

    MSN Money - 6/18/09 - View Story

  • Asure Software Board of Directors Appoints COO Nancy L. Harris as President and Chief Executive Officer

    Street Insider - 6/18/09 - View Story

  • Asure Software: Asure Software Announces Board Member Resignation

    Market Wire - 6/05/09 - View Story

  • Asure Software Announces Board Member Resignation

    Stockwatch - 6/05/09 - View Story

  • Asure Software Announces Board Member Resignation

    Street Insider - 6/05/09 - View Story

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     WDC $28.68 +1.88 (7.01% )
Average Volume 5,452,270
Shares Outstanding 222.89M
Market Cap 6.4B
Year High 36.15
Year Low 9.48
Earnings Per Share 2.16
P/E Ratio 13.28
Dividend N/A
Yield N/A