Surprisingly, after numerous media appearances last week, Seagate (STX) replaces colorful CEO...

|About: Seagate Technology (STX)|By:, SA News Editor

Surprisingly, after numerous media appearances last week, Seagate (STX) replaces colorful CEO Bill Watkins, while COO David Wickersham steps down - sending shares down 10.6%. "It is the COO resignation (in addition to the CEO), that leaves questions around management stability," Avian's Matt Bryson says.