Monday, 5 May 2008

Seagate Names Patrick O'Malley to Assume CFO Position

Seagate Technology announced that a long-standing member of its executive management team, chief financial officer Charles Pope, has elected to retire from his CFO role effective August 25, 2008. He will focus solely on leading the Seagate Services group, a provider of data management and protection solutions. 

In his 24 years at Seagate, Pope has held a variety of financial and operating roles. "Charles has played an instrumental role in shaping Seagate's success during years of unprecedented growth both within the company and the storage industry," said Bill Watkins, Seagate CEO.

Pope will be succeeded by Patrick O'Malley, currently Seagate's senior vice president, Finance Treasury. O'Malley is presently responsible for corporate accounting, reporting, treasury and credit, along with corporate financial planning and analysis and financial support for Seagate's business units, sales, and other functions.

In his previous positions at Seagate since joining the company in 1988, O'Malley has garnered a wealth of relevant experience including the implementation of critical finance and management systems, and the management of the company's Consumer Electronics business unit during its critical first year.