Michael D. Cordano net worth and biography

Michael Cordano Biography and Net Worth

COO of Western Digital

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 $15.45 million as of February 5th, 2020. Cordano owns 236,897 shares of Western Digital stock worth more than $15,450,422 as of November 5th. This net worth estimate does not reflect any other assets that Cordano may own. Learn More about Michael D. Cordano's net worth.
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]. Learn More on Michael D. Cordano's contact information.
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 last 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. Learn More on Michael D. Cordano's trading history.
Who are Western Digital's active insiders?: Western Digital's insider roster includes Kimberly Alexy (Director), Michael Cordano (COO), David Goeckeler (CEO), Paula Price (Director), Michael Ray (EVP), Srinivasan Sivaram (Insider), Robert Soderbery (EVP), Lori Sundberg (EVP), and Gene Zamiska (SVP). Learn More on Western Digital's active insiders.
Are insiders buying or selling shares of Western Digital?: During the last year, insiders at the data storage provider sold shares 14 times. They sold a total of 231,294 shares worth more than $16,241,509.24. The most recent insider tranaction occured on October, 29th when EVP Robert Soderbery sold 30,767 shares worth more than $2,092,463.67. Insiders at Western Digital own 0.3% of the company. Learn More about insider trades at Western Digital.
Information on this page was last updated on 10/29/2024.

Michael D. Cordano Insider Trading History at Western Digital

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/5/2020	Sell	200	$70.16	$14,032.00	236,897
1/31/2020	Sell	10,015	$66.26	$663,593.90	241,215
1/23/2020	Sell	14,706	$70.80	$1,041,184.80	248,946
1/14/2020	Sell	2,034	$70.15	$142,685.10	261,818
12/16/2019	Sell	6,364	$57.08	$363,257.12
12/13/2019	Sell	1,320	$55.12	$72,758.40
11/4/2019	Sell	5,625	$55.01	$309,431.25	281,344
10/31/2019	Sell	4,640	$55.35	$256,824.00	281,344
12/19/2017	Sell	1,401	$85.00	$119,085.00	70,560
11/13/2017	Sell	1,397	$88.13	$123,117.61	70,556
9/18/2017	Sell	9,404	$88.71	$834,228.84	75,385
8/14/2017	Sell	3,670	$82.55	$302,958.50	79,881
7/20/2017	Sell	4,954	$94.98	$470,530.92	66,092
6/12/2017	Sell	11,322	$85.00	$962,370.00
5/8/2017	Sell	4,959	$90.34	$447,996.06	60,830
4/10/2017	Sell	27,137	$85.07	$2,308,544.59	62,878
2/6/2017	Sell	5,896	$79.00	$465,784.00	61,767
1/9/2017	Sell	5,896	$70.90	$418,026.40	61,767
12/7/2016	Sell	7,753	$66.91	$518,753.23	54,014
12/5/2016	Sell	1,857	$64.14	$119,107.98	54,014
12/1/2016	Sell	5,896	$65.00	$383,240.00
11/7/2016	Sell	889	$56.41	$50,148.49	55,772
10/3/2016	Sell	18,250	$59.15	$1,079,487.50	58,153
9/21/2016	Sell	7,185	$54.50	$391,582.50	82,988
9/30/2015	Sell	2,849	$80.00	$227,920.00	54,339
9/11/2015	Sell	16,011	$80.49	$1,288,725.39	57,188
8/19/2015	Sell	14,234	$82.02	$1,167,472.68	80,183
6/9/2015	Sell	9,742	$94.38	$919,449.96
6/8/2015	Sell	8,374	$94.86	$794,357.64
5/18/2015	Sell	7,452	$97.85	$729,178.20
4/13/2015	Sell	8,152	$96.76	$788,787.52
3/6/2015	Sell	5,896	$104.77	$617,723.92
2/23/2015	Sell	5,057	$111.47	$563,703.79
2/17/2015	Sell	2,394	$106.69	$255,415.86
1/12/2015	Sell	8,806	$110.74	$975,176.44
12/8/2014	Sell	8,375	$104.55	$875,606.25
11/17/2014	Sell	7,453	$98.10	$731,139.30
9/8/2014	Sell	9,092	$100.84	$916,837.28
8/18/2014	Sell	7,003	$100.49	$703,731.47
8/6/2014	Sell	6,188	$101.20	$626,225.60
6/23/2014	Sell	4,059	$91.22	$370,261.98
6/6/2014	Sell	5,896	$92.21	$543,670.16
10/21/2013	Sell	2,860	$71.80	$205,348.00
9/6/2013	Sell	23,584	$64.95	$1,531,780.80
6/21/2013	Sell	11,958	$61.65	$737,210.70

Michael D. Cordano Buying and Selling Activity at Western Digital

Western Digital Company Overview

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications. The company also provides enterprise HDDs; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; and data storage platforms. In addition, it offers external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field backup of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the Western Digital, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Today's Range

Now: $65.22

$65.11

$66.49

50 Day Range

MA: $65.69

$60.77

$70.46

2 Week Range

Now: $65.22

$41.78

$81.55

Volume

2,705,047 shs

Average Volume

5,554,886 shs

Market Capitalization

$22.55 billion

P/E Ratio

38.36

Dividend Yield

N/A

Beta

1.4

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