Technology >> CEO Interviews >> April 26, 1999

Michael R. Cannon – Maxtor Corporation (mxtr)

MICHAEL R. CANNON is Maxtor Corporation's President and Chief Executive Officer. Mr. Cannon has 20 years of data storage experience in key leadership positions. He joined Maxtor in July, 1996 from IBM, where he held several senior management positions in the Storage Systems Division, including Vice President, Mobile and Desktop Drive Business unit; Vice President, Product Design; and Vice President, Worldwide Operations. Prior to IBM, Mr. Cannon spent the majority of his storage industry career at Control Data Corporation's Imprimis Technology in a variety of senior management positions in both the technology components and disk drive operations areas. Mr. Cannon started his career at the Boeing Company where he worked as a research engineer. Under Cannon's leadership, Maxtor has seen a dramatic improvement in growth and profitability during the most difficult period the industry has seen in the last ten years. Maxtor's time-to-market leadership of its new products and relentless focus on continuous improvements in quality and flexible manufacturing has won the business of the top PC OEMs. Maxtor became a publicly traded company on July 31, 1998 and was one of the largest technology IPOs of the year, raising $348 million. Profile
TWST: Could you begin by giving us a brief overview of Maxtor?

Mr. Cannon: Maxtor is the fastest growing company in the hard disk drive

industry. Over the past two years, we have established