Anyone want to take a stab at picking the low for Monday? Do we hit fractions? I'll say 1 1/8. Since we are already at the all time low (post merger, naturally) it's anyone's guess!
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SAN JOSE, Calif., May 30 /PRNewswire/ -- JTS Corporation (AMEX: JTS) today announced that W. Virginia Walker, JTS executive vice president of finance and administration and chief financial officer, has resigned.
"Since joining JTS, Virginia has been an invaluable member of the senior management and her leadership has significantly strengthened the financial base of the company," said Tom Mitchell, JTS president and chief executive officer. "We appreciate the substantial contributions she has made to JTS and wish her well in her new career direction."
The company has initiated a search for a replacement for Ms. Walker. In the interim, Joseph P. Prezioso, the company's vice president and corporate controller, will serve as acting chief financial officer.
JTS Corporation, with headquarters in San Jose, Calif., was founded in 1994 to design, manufacture and supply enhanced-capacity hard disk drives for the notebook and desktop personal computer market. JTS offers an innovative line of ultra-slim 3.0-inch disk drives that provide higher capacity and lower cost per megabyte than competitive alternatives in the portable computer market. The president and chief executive officer of JTS,Tom Mitchell, was formerly the president and chief operating officer of Conner Peripherals and cofounder, president and chief operating officer of Seagate Technology.
The company currently employs approximately 6,800 people worldwide including manufacturing facilities in Madras, India.
For further information, contact JTS Corporation at 166 Baypointe Parkway, San Jose, California 95134. Phone 408-468-1800, Fax: 408-468-1619, Website: www.jtscorp.com.
SOURCE JTS Corp.
CO: JTS Corp.
ST: California
IN: CHM
SU: PER
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--Dennis |
