Robert Soderbery will cease to serve as executive VP and General Manager, Flash Business, of Western Digital (WDC) Corporation, effective January 2, 2025, at which time his employment with the company will terminate, according to a regulatory filing. Pursuant to the terms and conditions of the company’s amended and restated executive severance plan, the material terms of which have been previously disclose, Soderbery is entitled to receive Tier I severance benefits under the severance plan. Soderbery’s receipt of the severance benefits is subject to his non-revocation of a general release of claims.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- 3 Best Stocks to Buy Now, 12/13/2024, According to Top Analysts
- Western Digital flash pricing headwinds worsening, says Evercore ISI
- Western Digital lower on NAND pricing comments, says Wells Fargo
- Western Digital seeing more pricing headwinds than expected in quarter
- Citi updates hardware and storage top picks into year-end