Seagate appoints Terry Cunningham as Senior Vice President of its Consumer Solutions and I365Ð’â„¢ Services Divisions

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Former President and COO of Seagate Software Rejoins Company to help grow consumer and SMB solutions and services units

terry-cunninghamSeagate (NASDAQ: STX) recently announced that Terry Cunningham will take the helm as senior vice president of Consumer Solutions Division (CSD) and i365™, the company’s services organization, effective immediately. Having served previously as president and COO of Seagate Software, Cunningham returns for a second term with the company to help augment the success of its consumer solutions and business services divisions.

“Seagate is a strong company, with a solid brand name and the right mix of solutions to help consumers and small business professionals get the most out of their business or personal content – whether in the office, at home or on the road,” said Terry Cunningham, senior vice president, Seagate Consumer Solutions Division and i365™, A Seagate® Company. “I’m excited to be back at Seagate, working with a talented team to accelerate our ability to bring innovative digital content-centric and data management products and services to market.”

Cunningham succeeds former division president, Brian Dexheimer, who will remain onboard with CSD through the remainder of the fiscal year to help ensure a smooth transition. Having served the company for well over two decades in a myriad of important leadership roles, Mr. Dexheimer will depart Seagate to pursue new ventures.

An entrepreneur and seasoned technology business leader with over 25 years experience, Cunningham comes to Seagate from Coral8, Inc., an enterprise event-processing software company, where he served as CEO overseeing all aspects of operation and market strategy. Prior to that, Cunningham was president and CEO of InfoGenesis, a maker of consumer-focused, guest experience management software for the hospitality and foodservice industries. Cunningham originally founded Crystal Decisions, which was purchased by Seagate in 1994, integrated into the company’s software division and later became Seagate Software. Cunningham piloted Seagate Software through $350 million worth of acquisitions and helped grow the organization, with 40 offices and 2,000 employees. Cunningham’s accomplishments also include serving as president and COO of Veritas Software, and founding, building and leading two other successful software companies.

“Terry is a seasoned, hands-on senior leader with a track record of success in building organizations to realize their full potential,” said Steve Luczo, Seagate chairman and chief executive officer. “We are fortunate to have him return to Seagate and I’m confident we will benefit greatly from his leadership and experience in building teams, driving organizational vision and growth, and catalyzing business success.”

About Seagate
Seagate is the worldwide leader in the design, manufacture and marketing of hard disk drives and storage solutions, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, and Consumer Solutions. Seagate’s business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, with the goal of being the time-to-market leader in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world’s growing demand for information storage. Seagate can be found around the globe and at http://www.seagate.com.

Copyright © 2009 Seagate Technology LLC. All rights reserved. Printed in USA. Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries. i365 is a trademark or registered trademark of i365 Inc. or one of its affiliated companies in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners.

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