Seagate Elects CEO Dave Mosley as Board Chair, Announces Leadership Transition

Seagate Technology has elected CEO Dave Mosley as its new Board Chair, with the transition to take place after the 2025 Annual General Meeting in October. Mosley succeeds Michael R. Cannon, who will become Lead Independent Director. Mosley has been CEO since 2017 and his election demonstrates the Board's confidence in his strategic vision and leadership capabilities.

Seagate Technology Holdings plc (NASDAQ: STX) has elected its CEO, Dave Mosley, to the position of Board Chair. The transition will take place following the company's 2025 Annual General Meeting, which is expected to be held in October. Mosley will succeed Michael R. Cannon, who will assume the role of Lead Independent Director.

Mosley has been instrumental in driving strong operational performance and advancing Seagate's innovative technology roadmap since becoming CEO in 2017. His election as Board Chair reflects the Board's confidence in his strategic vision and leadership capabilities [1].

"Since becoming CEO in 2017, Dave has been instrumental in driving strong operational performance, advancing Seagate’s innovative technology roadmap, and positioning the company to capture the significant data-driven growth opportunities ahead," said Mike Cannon, the outgoing Board Chair [1].

Mosley, who has held numerous leadership positions during his nearly 30-year tenure with Seagate, spanning research and development, operations, sales, and marketing, expressed his gratitude to Cannon for his invaluable counsel and leadership. "I look forward to his ongoing contributions to the board in his role as Lead Independent Director," Mosley said [1].

Seagate Technology is a leading innovator of mass-capacity data storage, with a strong track record of delivering breakthrough technology. The company has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud [2].

Seagate's stock has seen significant growth, with the company expected to report strong earnings for Q4 2025. The consensus EPS estimate is $2.44, a 132.4% year-over-year increase, while the consensus revenue estimate is $2.42B, a 28.0% year-over-year increase [3].

This appointment signals Seagate's continued commitment to innovation and growth, positioning the company to capitalize on the explosive growth in data generation and data value [1].

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/STX/pressreleases/33692637/seagate-appoints-dave-mosley-to-position-of-board-chair/
[2] https://www.businesswire.com/news/home/20250728698893/en/Seagate-Appoints-Dave-Mosley-to-Position-of-Board-Chair
[3] https://seekingalpha.com/news/4472907-seagate-technology-q4-2025-earnings-preview