Seagate Technology (STX) EVP Rocky Pimentel Terminated

October 4, 2016 4:15 PM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

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.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News, Management Changes

Add Your Comment