Koyn John (John Coyne)

WesternDigitalCorp. reported that on January 2, 2013 Steve Milligan will release John Coyne from a duty of the CEO of the company. At the moment 49-year-old Milligan is the president of WD, and it will save this position after the new appointment. After Coyne resignation it will also be a part of Board of Directors.

63-year-old Koyn since January, 2007 holds a position of the CEO of Western Digital. The most part of his outstanding career passed in this company where he came in 1983. Under its management WD turned into the largest producer of hard drives in the world. In many respects it occurred thanks to its continued attention to questions of quality and reliability of products, expansion of the range of the released devices according to current market trends, to effective management of production and assets and also accurately adjusted relationship with buyers and suppliers. For the last six years revenues of Western Digital grew three times that allowed it to remain always profitable, to generate considerable cash flows and to successfully perform several strategic acquisitions, including purchase of the former division of Hitachi Ltd. — Hitachi GlobalStorageTechnologies (HGST).

As a result of acquisition of HGST Milligan this year received a post of the president of WD. Earlier, from March to December, 2009, he fulfilled duties of the president of HGST, and in December of the same year was also appointed the CEO of this company. From 2007 to 2009 Steve Milligan held in it a position of the chief financial officer. Before, from 2004 to 2007, he worked at a similar position in Western Digital. At earlier stages of the career Milligan managed to work in the field of management of finance and accounting in Dell and Price Waterhouse.

Under its management in HGST transformation process which main tasks became began: exit to leader positions to the poosnovny directions of market development, achievement of steady growth, increase in operational efficiency and financial discipline. These initiatives helped the company to improve considerably the indicators and to show stable profit up to its acquisition to Western Digital. Before beginning the business career, Milligan a progressive tense lived in the city of Columbus of the State of Ohio where he graduated from the State Ohio University.