|[November 30, 2012]
Seagate CEO Steve Luczo Named to Top 50 Businesspersons of the Year by Fortune Magazine
CUPERTINO, Calif. --(Business Wire)--
Seagate Technology (News - Alert) plc (NASDAQ: STX) today announced that Steve Luczo,
president, CEO and chairman of Seagate has been named one of Fortune
Magazine's top Businesspersons
of the Year for 2012. This prestigious annual ranking honors the top
performing leaders across multiple industries.
Selections were made from a variety of factors, including financial
results, stock performance and market vlue of the company, as well as
strategic savvy, the ability to gracefully steer a very large
organization, risk taking, and cultural significance.
One of only a handful of Silicon Valley leaders on the list, Luczo was
honored alongside luminaries such as Jeff Bezos of Amazon, Tim Cook of
Apple, Larry Page of Google, Warren Buffett of Berkshire Hathaway,
Oh-Hyun Kwon of Samsung, Larry Ellison (News - Alert) of Oracle and Ginni Rometty of
IBM. Of Luczo, Fortune said, "Luczo took over a company with
declining market share, rising costs, and massive debt. Fast forward to
2012: Seagate has achieved record revenues and profits and has regained
its position as the largest hard disk manufacturer in the world."
"This is clearly a tremendous honor that also recognizes the thousands
of employees at Seagate who have dedicated themselves to helping Seagate
become one of the best technology companies in the world," said Steve
Luczo. "This recognition reflects our commitment to deliver the best
products and services in the storage industry."
Seagate is a world leader in hard disk drives and storage solutions.
Learn more at www.seagate.com.
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