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Orbitz

Western Digital executive departure may be viewed negatively, says Citi

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Citi analyst Asiya Merchant says the departure of Robert Soderbery, Western Digital's (WDC) GM of the Flash Business, may come as a surprise to
The article from MSN Money discusses the potential negative implications of Western Digital's Chief Financial Officer (CFO) Wissam Jabre's departure, as noted by Citi analysts. Jabre, who has been with the company for over 15 years, is leaving to pursue other opportunities, which has raised concerns about the timing and the impact on the company's strategic direction, especially amidst ongoing industry challenges like the downturn in the memory chip market. Citi suggests that this executive change could be viewed negatively by investors due to the loss of a key figure during a critical period for Western Digital, which is also navigating through a merger with Kioxia Holdings. The article highlights that while the company has not yet named a successor, the transition could affect investor confidence and the company's ability to manage its financial strategy effectively.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/technology/western-digital-executive-departure-may-be-viewed-negatively-says-citi/ar-AA1vRUU5 ]


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