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Western Digital said Robert Soderbery will step down as Executive Vice President and General Manager, Flash Business, effective January 2, 2025, and his employment with the company will end on the same day.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Western Digital said Robert Soderbery will step down as Executive Vice President and General Manager, Flash Business, effective January 2, 2025, and his employment with the company will end on the same day.

  2. The company said Robert Soderbery is entitled to Tier I severance benefits under the terms of the Amended and Restated Executive Severance Plan (the "Severance Benefits").

  3. The company said Robert Soderbery's receipt of the Severance Benefits is conditioned on his not revoking a general release of claims.

  4. The company said the material terms of the Severance Plan were previously disclosed and a copy was previously filed with the SEC. It said this 8-K reports an earliest event date of December 10, 2024.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Robert Soderbery Departure Date

Western Digital said Robert Soderbery will step down as Executive Vice President and General Manager, Flash Business, effective January 2, 2025, and his employment with the company will end on the same day.

Source · Based on the filing body and exhibits

Executive Severance Plan Tier I Benefits

The company said Robert Soderbery is entitled to Tier I severance benefits under the terms of the Amended and Restated Executive Severance Plan (the "Severance Benefits").

Source · Based on the filing body and exhibits

General Release of Claims Condition

The company said Robert Soderbery's receipt of the Severance Benefits is conditioned on his not revoking a general release of claims.

Source · Based on the filing body and exhibits

Severance Plan Prior Disclosure and Filing Details

The company said the material terms of the Severance Plan were previously disclosed and a copy was previously filed with the SEC. It said this 8-K reports an earliest event date of December 10, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.