Seagate Technology (STX) EVP Rocky Pimentel Terminated

October 4, 2016 4:15 PM EDT

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Seagate Technology (NASDAQ: STX) disclosed that October 3, 2016, the Company and Albert A. “Rocky” Pimentel entered into a Separation and Release Agreement, pursuant to which Mr. Pimentel’s employment with the Company terminated effective immediately. Mr. Pimentel had served in the interim role of Executive Vice President since January 4, 2016.

Mr. Pimentel will receive benefits consistent with the Company’s obligations to him under the Fifth Amended and Restated Seagate Technology Executive Severance and Change in Control Plan, as described in the Company’s Proxy Statement filed with the SEC on September 9, 2016.

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