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Form 8-K MICRON TECHNOLOGY INC For: May 04

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May 6, 2015 4:37 PM EDT


 
 
 
 
 



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934


May 4, 2015
Date of Report (date of earliest event reported)

MICRON TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)


Delaware
 
1-10658
 
75-1618004
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)


8000 South Federal Way
Boise, Idaho 83716-9632
(Address of principal executive offices)


(208) 368-4000
(Registrant’s telephone number, including area code)




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))


 
 
 
 
 



Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Pursuant to the Bylaws of Micron Technology, Inc. (the "Company"), on May 4, 2015, the Company's Board of Directors appointed Mr. Ernie Maddock, 57, to be the Company's Chief Financial Officer and Vice President, Finance. Mr. Maddock is expected to commence employment with the Company on or about June 1, 2015. Mr. Maddock will also serve as the Company's Principal Financial and Accounting Officer. Mr. Mark Adams, who served as the Company's interim Chief Financial Officer will continue to serve as the Company's President and Mr. Mark Heil, who served as the Company's interim Principal Financial and Accounting Officer, will continue to serve as the Company's Senior Finance Director and Corporate Controller. The press release related to Mr. Maddock's appointment is attached as an exhibit to this Current Report on Form 8-K.
Prior to his appointment as the Company's Chief Financial Officer and Vice President, Finance, Mr. Maddock served as Executive Vice President and Chief Financial Officer at Riverbed Technology, Inc. ("Riverbed"), where he was also responsible for worldwide operations and information technology. Prior to Riverbed, Mr. Maddock was with Lam Research Corporation where he held several executive positions including Executive Vice President and Chief Financial Officer, Senior Vice President of Global Operations, and Vice President, Customer Support Business Group. Mr. Maddock has a BS in Industrial Management from Georgia Institute of Technology and an MBA from Georgia State University.

Item 9.01
Financial Statements and Exhibits.
 
 
 
(d) Exhibits.


Exhibit No.
 
Description
99.1
 
Press Release issued on May 5, 2015



2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
MICRON TECHNOLOGY, INC.
 
 
 
 
 
 
 
 
Date:
May 6, 2015
By:
/s/ Mark W. Adams
 
 
Name:
Mark W. Adams
 
 
Title:
President



3


INDEX TO EXHIBITS FILED WITH
THE CURRENT REPORT ON FORM 8-K DATED MAY 4, 2015



Exhibit
 
Description
99.1
 
Press Release issued on May 5, 2015

4


EXHIBIT 99.1
FOR IMMEDIATE RELEASE

Contacts:
Kipp A. Bedard
Daniel Francisco
 
Investor Relations
Media Relations
 
 
(208) 368-4465
(208) 368-5584




MICRON TECHNOLOGY NAMES ERNIE MADDOCK
AS CHIEF FINANCIAL OFFICER


BOISE, Idaho, May 5, 2015 – Micron Technology, Inc. (NASDAQ: MU), today announced that the company has appointed Ernie Maddock as Chief Financial Officer and Vice President, Finance, effective June 1, 2015.

Mr. Maddock will join Micron after having served as Executive Vice President and Chief Financial Officer at Riverbed Technology, where he was also responsible for worldwide operations and information technology.

"Micron is a global leader in semiconductor memory and memory systems, focused on innovation and delivery of next-generation technology to a broad and diverse marketplace," stated D. Mark Durcan, Chief Executive Officer. "We are extraordinarily pleased to have Ernie join the Micron team as CFO. He is extremely capable and is well prepared to drive long term value through growth, operational excellence, and effective capital allocation."

Prior to his role at Riverbed, Maddock was with Lam Research, where he held several executive positions including Executive Vice President and Chief Financial Officer, Senior Vice President of Global Operations, and Vice President, Customer Support Business Group. Maddock's career includes financial and operational experience in several industries ranging from commercial real estate to telecommunications.


About Micron:
Micron Technology, Inc. is a global leader in advanced semiconductor memory systems. Micron's broad portfolio of high-performance technologies-including DRAM, NAND and NOR Flash-is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron's memory solutions portfolio enables the world’s most innovative computing, consumer, enterprise storage, networking, mobile, embedded and automotive applications.  Micron's common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.

# # #
Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.



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