SanDisk Corporation (SNDK) is a leading developer, manufacturer, and provider of data storage devices and solutions based on NAND flash technology. The company offers a broad portfolio of flash storage solutions, including solid-state drives (SSDs), embedded products, removable cards, and universal serial bus drives. SNDK serves diverse end markets, ranging from individual consumers and gamers to large enterprises and public cloud environments.
- Client - Provides high-performance flash solutions for OEMs and channel customers across sectors such as personal computing, mobile devices, gaming, automotive, virtual reality, at-home entertainment, and industrial applications.
- Consumer - Offers a wide range of retail and end-user products, leveraging strong brand recognition and a global presence to meet the needs of individual customers.
- Cloud - Develops products tailored for public or private cloud environments, catering to enterprise customers and large-scale data storage needs.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
David V. Goeckeler ExecutiveBoard | Chief Executive Officer (CEO) | Director at Automatic Data Processing, Inc.; Director at Western Digital Corporation | David V. Goeckeler is the CEO of SNDK since February 21, 2025 and also serves as the Chair of the Board. He brings extensive experience from his previous leadership roles at Western Digital and Cisco Systems. | View Report → |
Luis F. Visoso Lomelin Executive | Chief Financial Officer (CFO) | Luis F. Visoso Lomelin is the Chief Financial Officer (CFO) of SNDK following its spin-off, and he previously served as Executive Vice President and Chief Administrative Officer at Western Digital Corporation starting in July 2024. | ||
Michael R. Pokorny Executive | Chief Accounting Officer | Michael R. Pokorny has been the Chief Accounting Officer and principal accounting officer at SNDK since March 6, 2025. He has previously served in senior financial roles at Splunk Inc., Amazon.com, Inc., Walker & Dunlop, Inc., and the SEC. | ||
Devinder Kumar Board | Director on the Board of Directors | Board member at Ciena Corporation | Devinder Kumar is a seasoned technology professional with over 40 years of experience, having previously served as CFO, Treasurer, and Senior Vice President at AMD from 2006 to January 2023. He currently serves as a Director and member of the Audit Committee at SNDK effective February 21, 2025. | |
Ellyn J. Shook Board | Director | Executive Committee Member of the Professional Roundtable of CHRO ; Board Member of the National Academy of Human Resources | Ellyn J. Shook has been serving as a Director on the Board of Directors at SNDK since February 21, 2025. Previously, she held high-level executive roles at Accenture, including Chief Leadership and Human Resources Officer from 2014 to 2024, which highlights her extensive experience in global leadership and talent strategy. | |
Kimberly E. Alexy Board | Director | Founder and Principal, Alexy Capital Management; Director, Western Digital Corporation | Kimberly E. Alexy is currently a Director on the Board of Directors at SNDK, serving since February 21, 2025. She brings over 25 years of experience in capital markets, corporate finance, and investments, and is a CFA designate with extensive board expertise. | |
Matthew Massengill Board | Director and Lead Independent Director | Chair of the Board at Western Digital Corporation | Matthew Massengill is a seasoned leader with over 30 years of executive experience, having served as CEO, President, and COO at Western Digital Corporation. He currently holds the position of Director and Lead Independent Director on the SNDK Board effective February 21, 2025. | |
Miyuki Suzuki Board | Director | Western Digital Corporation; Twilio Inc. | Miyuki Suzuki has served as a Director at SNDK since February 21, 2025, leveraging her extensive governance and technology industry background from roles at Western Digital Corporation and Twilio Inc. | |
Necip Sayiner Board | Director | Board Member at Rambus, Inc.; Board Member at Axcelis Technologies, Inc. | Necip Sayiner currently serves as a Director on the Board of Sandisk Corporation effective February 21, 2025. He has extensive experience in the semiconductor industry, having served as President and CEO at Silicon Laboratories Inc. (2005-2012) and Intersil Corporation (2013-2017) and held leadership roles at Renesas Electronics and in the Semiconductor Industry Association. | |
Richard B. Cassidy II Board | Director on the Spinco Board of Directors | Chairman, CEO, and Former President at TSMC; Senior Vice President at TSMC; Board Member at Global Semiconductor Alliance | Richard B. Cassidy II has over 45 years of experience in the semiconductor industry. He currently serves as a Director on the Spinco Board of Directors of SNDK since February 21, 2025 and holds active executive roles at TSMC and on the board of the Global Semiconductor Alliance. | |
Thomas Caulfield Board | Director | CEO of GlobalFoundries Inc. | Thomas Caulfield is a seasoned technology professional with over 30 years of industry experience. He has served as a Director on the SNDK Board since February 21, 2025 following the spin-off from Western Digital. Previously, he has held executive roles, including serving as the CEO of GlobalFoundries Inc. since 2018. |
Research analysts who have asked questions during Sandisk earnings calls.
Aaron Rakers
Wells Fargo
3 questions for SNDK
Joseph Moore
Morgan Stanley
3 questions for SNDK
Karl Ackerman
BNP Paribas
3 questions for SNDK
Steven Fox
Fox Research
3 questions for SNDK
Vijay Rakesh
Mizuho
3 questions for SNDK
Christopher Muse
Cantor Fitzgerald
2 questions for SNDK
Nam Hyung Kim
Arete Research
2 questions for SNDK
Asiya Merchant
Citigroup Global Markets Inc.
1 question for SNDK
CJ Muse
Cantor Fitzgerald
1 question for SNDK
Krish Sankar
TD Cowen
1 question for SNDK
Mark Miller
The Benchmark Company LLC
1 question for SNDK
Wamsi Mohan
Bank of America Merrill Lynch
1 question for SNDK
Recent press releases and 8-K filings for SNDK.
- Sandisk has successfully progressed since its split from Western Digital six months ago, delivering on expectations set at its Investor Day in February and demonstrating strong cash flow generation and debt reduction.
- The company anticipates the NAND industry will experience an undersupplied market through 2026, driven by improving demand across smartphones, PCs, and data centers, and a fundamental shift in supply management. Sandisk aims to grow its bit supply in line with the market's mid-teens CAGR demand growth.
- Sandisk is transitioning to BICS 8 technology, expecting it to comprise 40-50% of its portfolio by the end of this fiscal year, which will provide cost tailwinds. They are also developing High Bandwidth Flash (HBF) for AI inference, with NAND availability in late 2026 and the system in early 2027.
- Financially, Sandisk expects to be free cash flow positive for the full year and aims to become net debt neutral to positive very quickly. They project a long-term average gross margin of 35% and anticipate gross margin expansion in the coming quarters.
- Sandisk expects to be net cash flow positive soon and has already paid down $200 million in debt, with a long-term gross margin target of 35% through cycle and expectations for gross margin expansion in the coming quarters.
- The company anticipates an undersupplied NAND market all the way through 2026, driven by increasing demand in smartphones, PCs, and data centers, and has implemented a 10% price increase for certain consumer and shell products.
- Sandisk is ramping its BiCS 8 technology, expecting it to comprise 40%-50% of its portfolio by the end of the fiscal year and provide cost tailwinds, while also developing High Bandwidth Flash (HBF) for AI inference and progressing with new enterprise SSD products, including the Stargate platform.