Seagate CEO Steve Luczo Named to Top 50 Businesspersons of the Year by Fortune Magazine

  Seagate CEO Steve Luczo Named to Top 50 Businesspersons of the Year by
  Fortune Magazine

Business Wire

CUPERTINO, Calif. -- November 30, 2012

Seagate Technology plc (NASDAQ: STX) today announced that Steve Luczo,
president, CEO and chairman of Seagate has been named one of Fortune
Magazine’s top Businesspersons of the Year for 2012. This prestigious annual
ranking honors the top performing leaders across multiple industries.

Selections were made from a variety of factors, including financial results,
stock performance and market value of the company, as well as strategic savvy,
the ability to gracefully steer a very large organization, risk taking, and
cultural significance.

One of only a handful of Silicon Valley leaders on the list, Luczo was honored
alongside luminaries such as Jeff Bezos of Amazon, Tim Cook of Apple, Larry
Page of Google, Warren Buffett of Berkshire Hathaway, Oh-Hyun Kwon of Samsung,
Larry Ellison of Oracle and Ginni Rometty of IBM. Of Luczo, Fortune said,
“Luczo took over a company with declining market share, rising costs, and
massive debt. Fast forward to 2012: Seagate has achieved record revenues and
profits and has regained its position as the largest hard disk manufacturer in
the world.”

“This is clearly a tremendous honor that also recognizes the thousands of
employees at Seagate who have dedicated themselves to helping Seagate become
one of the best technology companies in the world,” said Steve Luczo. “This
recognition reflects our commitment to deliver the best products and services
in the storage industry.”

About Seagate

Seagate is a world leader in hard disk drives and storage solutions. Learn
more at www.seagate.com.

Contact:

SEAGATE
Brian Ziel, 408-658-1540
brian.ziel@seagate.com
 
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