Articles > Journals > Business and Economics journals > Orange County Business Journal articles > July 1999

Article: Executive summary

Article from:
Orange County Business Journal
Article date:
July 26, 1999
Author:
Copyright

HAGGERTY RETIRING Irvine-based Western Digital Corp.'s CEO Charles A. Haggerty, 57, said he will retire by next June, ending an eventful seven-year reign. The company said it has begun a search for a successor, and has restructured management, cutting 14 VPs and consolidating into two major divisions, worldwide operations under Exec VP Matthew Massengill and R&D under Senior VP Russell Stern.

Broadcom Corp., Irvine, acquired HotHaus Technologies Inc., Vancouver, B.C. for $280 million in stock ... A management group led by founder and CEO Greg Grosch and Leonard Green & Partners LP offered to buy White Cap Industries Inc., Costa Mesa, for $240 million and take it private ... ...

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