Western Digital CFO to Step Down

Western Digital is now on the hunt for a chief financial officer. The company announced that the man currently holding the position, Wolfgang Nickl, has resigned, effective November 17. He is leaving to take up the same job at ASML Holding in the Netherlands.

The company said it has undergone a search for his replacement.

Nickl became the CFO in August 2010. Previous to that, he held several positions in its finance and operations teams. All told, he has been at Western Digital for 18 years.

In the press release announcing the resignation, CEO Steve Milligan describes Nickl as "an outstanding leader both inside and outside the company."

The article Western Digital CFO to Step Down originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Western Digital. The Motley Fool owns shares of Western Digital. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story