Western Digital 2002 Annual Report Download - page 17

believes are at least equivalent to those oÅered by its competitors. Despite these programs, the Company has, along with
most of its competitors, experienced diÇculty at times in hiring and retaining certain skilled personnel. When the
Company is unable to hire personnel in the ordinary course of business, it uses third parties to help satisfy its personnel
needs. In addition, the Company has utilized consultants and contract personnel to Ñll these needs until full-time
employees could be recruited. The Company has never experienced a work stoppage, none of its domestic employees are
represented by a labor organization, and the Company considers its employee relations to be good.
Item 2. Properties
During December 2000, the Company relocated its corporate headquarters from Irvine, California to Lake Forest,
California, signing a 10-year lease agreement for the Lake Forest facility. The lease for the Irvine facility expired in
January 2001. The Company's corporate headquarters houses management, research and development, administrative
and sales personnel. The Company leases one facility in San Jose, California for research and development activities. In
addition, the Company currently leases one facility in Irvine, California, which was used in 2002 for research and
development activities, but which is currently used as a processing center and for light manufacturing. The San Jose lease
expires in July 2006 and the Irvine lease expires in September 2010. Western Digital owns a manufacturing facility in
Kuala Lumpur, Malaysia and acquired a smaller manufacturing facility in Pathumthani, Thailand in January 2002. The
Company also leases oÇce space in various other locations throughout the world primarily for sales and technical support.
The Company believes its present facilities are adequate for its current needs, although the process of upgrading its
facilities to meet technological and market requirements is expected to continue. New manufacturing facilities generally
can be developed and become operational within approximately nine to eighteen months should the Company require
such additional facilities.
During 2000, the Company sold approximately 34 acres of land in Irvine, California, upon which it had previously
planned to build a new corporate headquarters, for $26 million (the approximate cost of the land). During 2000, the
Company also sold its enterprise drive manufacturing facility in Tuas, Singapore for $11.0 million (for a gain of
$3.1 million) and its Rochester, Minnesota enterprise research and development facility for $29.7 million (for a loss of
$1.9 million).
Item 3. Legal Proceedings
See Part II, Item 8, Notes to Consolidated Financial Statements, Note 5.
Item 4. Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote of security holders during the fourth quarter of 2002.
Executive OÇcers of the Registrant
The names, ages and positions of all of the executive oÇcers of the Company as of September 23, 2002 are listed
below, followed by a brief account of their business experience during the past Ñve years. Executive oÇcers are normally
elected annually by the Board of Directors at a meeting of the directors immediately following the Annual Meeting of
Shareholders. There are no family relationships among these oÇcers nor any arrangements or understandings between any
oÇcer and any other person pursuant to which an oÇcer was selected.
Name Age Position
Matthew E. MassengillÏÏÏÏÏÏÏÏÏÏÏ 41 Chairman and Chief Executive OÇcer
Arif Shakeel ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 47 President and Chief Operating OÇcer
D. Scott Mercer ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 51 Senior Vice President and Chief Financial OÇcer
Charles W. Frank, Jr. ÏÏÏÏÏÏÏÏÏÏÏ 54 Vice President, Chief Technical OÇcer
Raymond M. Bukaty ÏÏÏÏÏÏÏÏÏÏÏÏ 45 Vice President, General Counsel, and Secretary
Steven M. Slavin ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 51 Vice President, Taxes and Treasurer
David C. Fetah ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 42 Vice President, Human Resources
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