Seagate replaces CEO, plans to cut 800 workers (AP)

Uncategorized | Tuesday January 13 2009 12:21 am | Comments (0) Tags: , , , , , , , , , , , , , , , , , ,

In this file photo from Jan. 22, 2007, former Bill Watkins, then CEO of Seagate Technology, is shown at a meeting at Seagate offices in Fremont, Calif. Hard drive maker Seagate Technology said Monday Jan. 12, 2009 that it named Chairman Stephen J. Luczo to the additional posts of president and chief executive. Luczo, 51, succeeds Watkins, who will assist during the transition. Luczo and Watkins, 55, will also meet to determine what potential role, if any, Watkins will continue to have with the company.(AP Photo/Paul Sakuma, file)AP – Seagate Technology has replaced its top two executives and said it plans to cut 800 jobs

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