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Robert N Stephens

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BUSINESS
March 9, 1993 | DEAN TAKAHASHI, TIMES STAFF WRITER
In a surprise move, Robert N. Stephens has resigned his positions as top executive and a director of Emulex Corp., the manufacturer of computer products said Monday. Stephens has not been replaced, and a management committee will take responsibility for running the corporation as it searches for a successor, said Robert L. Corey, chief financial officer.
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BUSINESS
March 9, 1993 | DEAN TAKAHASHI, TIMES STAFF WRITER
In a surprise move, Robert N. Stephens has resigned his positions as top executive and a director of Emulex Corp., the manufacturer of computer products said Monday. Stephens has not been replaced, and a management committee will take responsibility for running the corporation as it searches for a successor, said Robert L. Corey, chief financial officer.
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BUSINESS
January 30, 1993 | From Times Staff and Wire Reports
Emulex Stock Falls: Emulex Corp.'s stock has lost 22% of its value since Tuesday, when the Costa Mesa-computer products company's chief executive expressed a "cautious" outlook for future performance. The stock, which trades on the NASDAQ market, closed at $6.50 Friday, down $1.625 for the day and down $2 since the comments appeared in the company's earnings report. On Tuesday, President Robert N.
BUSINESS
October 18, 1990
Western Digital Corp. recently laid off 200 people at a manufacturing plant in Puerto Rico, a company spokesman said Wednesday. The spokesman, Robert J. Blair, said the computer-products company laid off a third of its work force in Puerto Rico because of a shift in demand for its products. The Puerto Rico plant had made a range of products for customers in the Western Hemisphere, but now the plant will make only parts for the company's Singapore disk-drive factory.
BUSINESS
December 10, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
Trying to patch up relations with a major customer, Emulex Corp. said Monday that it has settled patent infringement litigation with computer giant Digital Equipment Corp. Under the settlement, the computer components maker will phase out by the end of 1992 a line of products, known as SDI/STI, which connect Digital computers to each other and to other storage devices, said Robert N. Stephens, Emulex's chief executive. Digital sued Emulex on Aug. 13 for allegedly infringing four patents.
BUSINESS
June 23, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Emulex Corp. said Monday that it has agreed to sell its line of storage products compatible with Digital Equipment Corp. computers. The buyer is System Industries Inc. in Milpitas, a competitor that sells a variety of computer storage products. System Industries said it will pay $1.875 million in cash, plus a secured note for $625,000 and about 929,000 shares of common stock. A company official valued the purchase at about $5 million.
BUSINESS
November 22, 1991 | CRISTINA LEE, TIMES STAFF WRITER
Emulex Corp. has laid off 150 employees in the last 90 days as the computer parts manufacturer redirects its business more toward software development, company officials said Thursday. As previously reported, the Costa Mesa company had confirmed 90 layoffs in mid-October. Emulex officials said last month that the company expected to take a charge against earnings for the quarter ending Dec. 31 of between $4 million and $5 million. Robert N.
BUSINESS
October 17, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Emulex Corp. said Tuesday that it has named a top Western Digital Corp. executive, Robert N. Stephens, its new president and chief executive. Stephens, formerly senior vice president and general manager at Irvine-based Western Digital, will fill the chief executive's post that was vacated when Emulex Chairman Fred B. Cox announced in July he would surrender the titles of president and chief executive. Cox's announcement came after the Costa Mesa computer products company reported a $2.
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