Michael R.  Cannon net worth and biography

Michael Cannon Biography and Net Worth

Director of Seagate Technology

Mr. Cannon has served as our Board Chair since July 2020 and prior to that served as Lead Independent Director from October 2016 until he was appointed as Chair. He served as President, Global Operations of Dell Inc., a multinational computer technology company, from February 2007 until January 2009, and as consultant to Dell Inc. from January 2009 until January 2011. He was the President and CEO of Solectron Corp., an electronic manufacturing services company, from January 2003 until February 2007. From July 1996 until January 2003, Mr. Cannon served as the CEO of Maxtor Corporation, a disk drive and storage systems manufacturer. He served on Maxtor’s board of directors from July 1996 until Seagate acquired Maxtor in May 2006. Prior to joining Maxtor, Mr. Cannon held senior management positions at IBM, a multinational technology company, and earlier was the Vice President of Asia Operations residing in Singapore, for the disk drive division of Control Data Corporation, a mainframe and supercomputer firm. Mr. Cannon began his career at The Boeing Company, an aerospace company, in engineering and management positions. He has served on the board of directors of Lam Research Corporation since February 2011, and on the board of directors of Dialog Semiconductor plc from February 2013 until its sale to Renesas Electronics in April 2021. Mr. Cannon has previously served on the board of directors of Elster Group SE and Adobe Systems, Inc. 

Mr. Cannon has extensive relevant industry expertise, including expertise in the disk drive business as well as with our major customers, that is valuable to our Board. Mr. Cannon brings international, technological, operations, leadership, and research and development expertise to our Board through his service as a public company CEO, and as a member of other public company boards of directors.

What is Michael R. Cannon's net worth?

The estimated net worth of Michael R. Cannon is at least $2.88 million as of June 2nd, 2025. Cannon owns 10,835 shares of Seagate Technology stock worth more than $2,878,101 as of December 4th. This net worth estimate does not reflect any other investments that Cannon may own. Learn More about Michael R. Cannon's net worth.

How do I contact Michael R. Cannon?

The corporate mailing address for Cannon and other Seagate Technology executives is 38/39 FITZWILLIAM SQUARE, DUBLIN L2, D02 NX53. Seagate Technology can also be reached via phone at (531) 234-3136 and via email at [email protected]. Learn More on Michael R. Cannon's contact information.

Has Michael R. Cannon been buying or selling shares of Seagate Technology?

Michael R. Cannon has not been actively trading shares of Seagate Technology within the last three months. Most recently, Michael R. Cannon sold 24,190 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $119.00, for a transaction totalling $2,878,610.00. Following the completion of the sale, the director now directly owns 10,835 shares of the company's stock, valued at $1,289,365. Learn More on Michael R. Cannon's trading history.

Who are Seagate Technology's active insiders?

Seagate Technology's insider roster includes Mark Adams (Director), Judy Bruner (Director), Michael Cannon (Director), Yolanda Conyers (Director), Jeffrey Fochtman (SVP), Jay Geldmacher (Director), James Lee (Senior Vice President, Chief Legal Officer, and Corporate Secretary), Stephen Luczo (Director), John Morris (SVP), William Mosley (CEO), Ravi Naik (EVP), Jeffrey Nygaard (EVP), Gianluca Romano (CFO), Katherine Schuelke (SVP), Ban Teh (EVP), Stephanie Tilenius (Director), and Edward Zander (Director). Learn More on Seagate Technology's active insiders.

Are insiders buying or selling shares of Seagate Technology?

In the last twelve months, insiders at the data storage provider sold shares 39 times. They sold a total of 602,422 shares worth more than $94,714,504.65. The most recent insider tranaction occured on December, 2nd when Director Yolanda Lee Conyers sold 750 shares worth more than $204,682.50. Insiders at Seagate Technology own 0.8% of the company. Learn More about insider trades at Seagate Technology.

Information on this page was last updated on 12/2/2025.

Michael R. Cannon Insider Trading History at Seagate Technology

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/2/2025Sell24,190$119.00$2,878,610.0010,835View SEC Filing Icon  
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Michael R. Cannon Buying and Selling Activity at Seagate Technology

This chart shows Michael R Cannon's buying and selling at Seagate Technology by year and by quarter.

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Seagate Technology Company Overview

Seagate Technology logo
Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.
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Today's Range

Now: $265.63
Low: $257.36
High: $266.40

50 Day Range

MA: $248.21
Low: $211.63
High: $293.99

2 Week Range

Now: $265.63
Low: $63.19
High: $297.88

Volume

1,971,628 shs

Average Volume

3,385,152 shs

Market Capitalization

$56.73 billion

P/E Ratio

34.10

Dividend Yield

1.11%

Beta

1.59