Michael Cannon

MICHAEL CANNON is President and Chief Executive Officer of Maxtor
Corporation. Mr. Cannon has 20 years of data storage industry 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 Disk 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 Mr. 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 10 years. Maxtor’s time-to-market
leadership of its new products and relentless focus on continuous
improvements in quality and flexible manufacturing have won the business
of the top PC OEMs. Maxtor (NASDAQ: MXTR) became a publicly traded
company on July 31, 1998 and was one of the largest technology IPOs of
the year, raising $348 million.