DG sells 75,000 WDC shares - details: http://insiderbuyingselling.com/?t=WDC
17 replies (most recent on top)
the bottom line is generating shareholder value
@auzk+1uKz3nFR check the CV, IT has a Cisco background too.
$65 when they joined. $65 when they left. For that DG pocketed >$120,000,000, and is still earning 33% more than Mulligan. Shameful.
Investors broke even. Employees lost. Executives gored themselves.
Hiring another paid poster, and more employee liaisons wont change facts.
Folks, all DG did was get told by Elliott to split up the company, and he is finally doing it after trying to pull off a hero stunt and merge with Kioxia at the same time. He is still the same pompous fool as 4 years ago. Rob is a disaster. Flash has never been profitable and HDDs are going to get sc--wed with all the debt from SanDisk. The heroes are the HDD survivors who continued to execute through this mess. We will end up losing billions in market cap with only debt to show for the acquisition. Good riddance DG, LC, CB, and the rest of the Cisco cabal. Take your money and leave.
If it wasn’t for Mulligan, he wouldn’t be able to go to SSD. 🤣
$5M is enough for a really nice weekend place in Lake Tahoe
what about others lower in BU leadership who probably benefitted from incentives by working on integration, will they now benefit again working on the split?
Face it, while the culture is questionable the business results and strategy are better than the integration strategy we had in some parts of the business
I agree that DG has been better than Milligan even though it is not a high bar to surpass.
Lol who cares? He’s done a good job since Milligan. It’s like getting mad if Jensen Huang at Nividea sold some of his stock.
@3fac+1uKz3nFR SVPs and VPs haul in $$$$ with RSUs too, so what makes them so different when they are the implementers of executive strategy?
Rob Soderberry right behind DG. CROOKS!
Not good when a CEO sells about 8% of his holdings. Hard to believe he has been awarded approximately $70 million of stock awards for the job he has done.
pat on the back for a job well done
"I thought at that level, the selling order had to be placed months in advance"
typically executives pre-plan stock sales and must work around the SEC mandated blackout periods
I thought at that level, the selling order had to be placed months in advance to not allow to take advantage of market conditions, good or bad.
Buy low sell high, or have a gulible board of directors gift you millions.