Paula A. Price Rejoins Western Digital Board of Directors
June 23 2020 - 09:00AM
Business Wire
Western Digital Corp. (NASDAQ: WDC) today announced that Paula
A. Price has rejoined its board of directors and has been appointed
to its audit committee. Price previously served on the company’s
board of directors from July 2014 to February 2019. With more than
30 years of financial and operational experience at some of the
world’s most prominent retail brands, she most recently was
executive vice president and chief financial officer at Macy’s,
Inc. and currently remains an advisor to the renowned retailer.
"Paula is a veteran financial leader with deep knowledge of the
data-driven business models that are transforming the way the
retail industry operates,” said Matthew E. Massengill, chairman,
Western Digital. “Retail is one of Western Digital’s core
businesses and Paula’s expertise will provide an important
strategic perspective as we drive growth in this area. I’m
delighted to welcome Paula back to our team and look forward to
working with her again as a member of our board.”
“I am honored to serve once again with such a dedicated, dynamic
and well-informed board,” said Paula Price. “I can’t think of
another time in my career when the ability to instantly understand
how consumer behavior evolves was a more imperative success factor.
The impact of COVID-19 has accelerated the very reason companies
must leverage their data in new ways to help deliver differentiated
value. I believe Western Digital’s technology is foundational in a
data-driven world and I look forward to working with the team as we
help companies in every industry optimize the value of their
data.”
In addition to her most recent role at Macy’s, Price has held
several financial and operational leadership positions. A visiting
executive for Harvard Business School since July 2018, she was a
senior lecturer in the Accounting and Management Unit from July
2014 to July 2018. Prior to that, she served as executive vice
president and chief financial officer at Ahold USA, a retailer that
operates more than 700 supermarkets and an online grocery delivery
service, where she was responsible for finance and accounting,
strategic planning, real estate and information technology. Price
also served as the senior vice president, controller and chief
accounting officer at CVS Caremark and as senior vice president and
chief financial officer for the institutional trust services
division of JPMorgan Chase. Earlier in her career, she held several
other senior management positions in the U.S. and the U.K. in the
financial services and consumer products industries at Prudential
Financial, Diageo and Kraft Foods. Price also serves on the board
of directors of Accenture plc.
Price is a certified public accountant and earned her master’s
degree in business administration from the University of Chicago
and her bachelor’s of science degree from DePaul University.
With this appointment, Western Digital's board is comprised of
eight directors, seven of whom are external and independent and
four of whom are women.
About Western Digital
Western Digital, a leader in data infrastructure, creates
environments for data to thrive. The company is driving the
innovation needed to help customers capture, preserve, access and
transform an ever-increasing diversity of data. Everywhere data
lives, from advanced data centers to mobile sensors to personal
devices, the company's industry-leading solutions deliver the
possibilities of data. Western Digital data-centric solutions are
comprised of the Western Digital®, G-Technology™, SanDisk® and WD®
brands.
© 2020 Western Digital Corporation or its affiliates. All rights
reserved.
Western Digital, the Western Digital logo, G-Technology,
SanDisk, and WD are registered trademarks or trademarks of Western
Digital Corporation or its affiliates in the US and/or other
countries. All other marks are the property of their respective
owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200623005260/en/
Investor Relations Contact: T. Peter Andrew Western
Digital Corp. +1-949-672-9655 peter.andrew@wdc.com
investor@wdc.com
Press Contact: Laura Bakken Western Digital Corp.
+1-408-801-7653 laura.bakken@wdc.com
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