Feeds

Seagate swings hefty axe at execs

Brian Dexheimer, 22 others jettisoned

Protecting against web application threats using SSL

Seagate has given several execs the boot, including consumer products divisional president Brian Dexheimer, whose division's products didn't exactly set the world on fire.

According to an SEC filing Dexheimer will leave his post at the end of the financial year, June 30, to effect a smooth transition, following which there will be a to-be-negotiated separation agreement, presumably with no-compete clauses. After 20 years at Seagate, this will be a body blow.

A total of five SVPs and a whopping 17 VPs will go, a fifth of the VP and SVP ranks at Seagate. This is an executive bloodbath caused by Seagate's recent red ink and follows the ousting of ex-CEO Bill Watkins, a ten per cent staff cut, facility consolidation and Barracuda quality problems.

CEO Stephen Luczo's purpose, in this dismantling of the Watkins empire, is to save costs, increase spans of control and flatten management. He wants Seagate to be less sluggish and move much more quickly to address its problems and opportunities in future.

The 22 will leave Scotts Valley on May 4 and their names are not being released. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
Seagate's triple-headed Cerberus could SAVE the DISK WORLD
... and possibly bring us even more HAMR time. Yay!
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.