Western Digital CFO Wissam Jabre is resigning effective February 28, after the company splits into separate disk drive and SSD businesses. He was slated to become the CFO of the disk drive business following the split.
The company says Jabre is resigning “to pursue other opportunities” and it is looking for a new CFO.
Western Digital issued an 8K SEC filing saying it expected revenues for its current, second fiscal 2025 quarter to be around $4.3 billion, the midpoint of its guidance and 42 percent more than last year’s Q2. It will formally announce its Q2 2025 results on January 29. Due to a “more challenging pricing environment in the Company’s flash business,” the company stated that non-GAAP diluted earnings per share would be “at the lower end of the previously issued guidance range of $1.75 to $2.05 per share.”
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