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Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Lyddon who wrote (10660)	6/12/2001 7:04:10 PM
From: bberthot	Respond to of 11057

Tuesday June 12, 6:00 pm Eastern Time Terry Hopp resigns as CFO of Western Digital LAKE FOREST, Calif., June 12 (Reuters) - Computer disk drive maker Western Digital Corp. (NYSE:WDC - news) said on Tuesday that Terry Hopp has resigned as the company's chief financial officer. Lake Forest, Calif.-based Western Digital said Hopp will assist in the recruitment of and transition to a replacement. During her nearly three years at the company, Hopp oversaw a financial restructuring of Western Digital's hard drive operations that produced annualized cost savings of more than $300 million. Her efforts led to a return to profitability for that business in the December 2000 quarter. ``I was attracted to WDC by the opportunity to participate in a turnaround effort, an effort that is now substantially complete,'' said Hopp. ``Over the upcoming summer months, I expect to spend more time with my family and to consider new opportunities.''