Michael R. Cannon

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.