UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 20, 2024, following its annual review of our executives’ compensation levels, the Compensation and Talent Committee of the Board of Directors of Western Digital Corporation (the “Company”) approved compensation adjustments for Wissam G. Jabre, the Company’s Chief Financial Officer, and Robert W. Soderbery, the Company’s Executive Vice President and General Manager, Flash, effective as of June 29, 2024. The table below sets forth the adjusted annual base salary and annual long-term incentive (“LTI”) target percentage amounts, as a percentage of annual base salary, for each of the foregoing executive officers.
Name | Position | Annual Base Salary | Annual LTI Target % | |||
Wissam G. Jabre |
Chief Financial Officer | $725,000 | 600% | |||
Robert W. Soderbery |
Executive Vice President and General Manager, Flash | $750,000 | 600% |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Western Digital Corporation | ||||||
Date: May 24, 2024 | By: | /s/ Cynthia Tregillis | ||||
Cynthia Tregillis | ||||||
Senior Vice President, Chief Legal Officer and Secretary |