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Seagate replaces CEO

 
Watkins out, chairman Luczo takes over Updated   Seagate has startlingly and suddenly replaced its long-serving CEO Bill Watkins with chairman Stephen Luczo. It's also lost its chief operating officer, indicating turmoil at the top levels in the company.… (link)

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Seagate CEO Bill Watkins at CES 2009. (Credit: Erica Ogg/CNET Networks) Disk-drive maker Seagate Technology announced Monday that Chairman Stephen Luczo is now also serving as CEO and president of the company. That spells the end of the ...
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Heads on platters Seagate's December sales were much worse than feared and the company is expected to respond to revenues falling off a cliff by sending up to ten per cent of its staff after them.…
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