Latest Stephen J. Luczo Stories

2014-03-20 16:29:39

Luczo was a member of the Compensation Committee and the CEO search committee that selected new CEO Satya Nadella. REDMOND, Wash., March 20, 2014 /PRNewswire/ -- Microsoft Corp. announced Thursday that Stephen J. Luczo, chairman and CEO of Seagate Technology PLC, has stepped down from the company's board of directors. http://photos.prnewswire.com/prnvar/20000822/MSFTLOGO "It has been a pleasure serving on the Microsoft board, and helping to guide the company through such a...

2011-04-19 11:50:00

Seagate Technology's $1.4 billion acquisition of Samsung Electronics Co.'s hard disk drive (HDD) business pits it head-to-head with Western Digital Corp. in an industry that has been dogged by price wars. Samsung's HDD division faces a longer-term threat from wireless tablet devices like Apple's iPad, which uses solid-state drives (SSD). Seagate and Western Digital have been struggling to adapt to a future where fewer consumers have laptops and use devices that are equipped with SSD drives...

Word of the Day
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.