Michael Cordano is the founder of Prime Impact Capital and the former president and chief operating officer of Western Digital, a data storage solutions company. He was previously the president of HGST, a Western Digital company.
While at Western Digital, Cordano played a key role in the company’s $19 billion acquisition of SanDisk in 2016. This was a transformational moment for company leadership, allowing them to create a business with global scale, extensive assets and deep expertise. Cordano successfully integrated SanDisk, Western Digital and HGST to create an industry leader primed for long-term growth.
A veteran of the storage industry, Cordano had previously served as HGST’s executive vice president of sales and marketing and president of the branded products group, where he managed the external storage business as well as the company's international sales and marketing organizations. In this role, Cordano took the lead on corporate strategy and executed the company’s successful financial turnaround. HGST was acquired by Western Digital in 2012.
Before HGST, Cordano co-founded and served as CEO of Fabrik, a top provider of portable and external storage solutions. He raised over $85 million in venture capital and in just three year, Fabrik was acquired by HGST.
Cordano also served as Maxtor Corporation’s EVP of worldwide sales and marketing. While there, he created and led the company’s branded products business unit, developing breakthrough product categories like the Maxtor OneTouch external storage backup solution and the Nearline hard disk drive.
Currently, Cordano serves on the advisory board of the University of Colorado’s Leeds School of Business and holds the role of co-CEO at Prime Impact Capital, an investment platform designed to capitalize on innovation within the global data-centric ecosystem.
Cordano earned his B.S. in business administration and management at the University of Colorado, Boulder.
What is Michael D. Cordano's net worth?
The estimated net worth of Michael D. Cordano is at least $15.67 million as of February 5th, 2020. Cordano owns 236,897 shares of Western Digital stock worth more than $15,668,368 as of August 3rd. This net worth estimate does not reflect any other assets that Cordano may own.
What is Michael D. Cordano's salary?
As the COO of Western Digital Co., Cordano earned a total compensation package of $7,425,510.00 in 2020. Cordano earned a salary of $815,385.00, stock awards of $5,601,575.00, non-equity compensation of $1,000,000.00, and other compensation of $8,550.00.
How do I contact Michael D. Cordano?
The corporate mailing address for Cordano and other Western Digital executives is 5601 GREAT OAKS PARKWAY, SAN JOSE CA, 95119. Western Digital can also be reached via phone at 408-717-6000 and via email at [email protected]
Has Michael D. Cordano been buying or selling shares of Western Digital?
Michael D. Cordano has not been actively trading shares of Western Digital during the past quarter. Most recently, Michael D. Cordano sold 200 shares of the business's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $70.16, for a transaction totalling $14,032.00. Following the completion of the sale, the chief operating officer now directly owns 236,897 shares of the company's stock, valued at $16,620,693.52.
Are insiders buying or selling shares of Western Digital?
During the last year, insiders at the data storage provider sold shares 1 times. They sold a total of 22,735 shares worth mmore than $1,362,281.20. The most recent insider tranaction occured on January, 29th when Michael Charles Ray EVP bought 22,735 shares worth more than $1,362,281.20. Insiders at Western Digital own 0.1 % of the company.
Information on this page was last updated on 1/29/2021.