Micron (MU) Promotes COO C. Mark Durcan as CEO, Robert Switz as Chairman
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Price: $1,016.59 +6.10%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +927.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +927.7%
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Micron Technology, Inc. (Nasdaq: MU), has announced the appointment of D. Mark Durcan as Chief Executive Officer (CEO) of the company. Mr. Durcan will also serve as a Director on Micron's Board of Directors. The appointments come after the company reported that Steven R. Appleton, longtime Micron Chairman and CEO, passed away in a Feb. 3 airplane accident in Boise.
Durcan has served as President and Chief Operating Officer of Micron since 2007 and earlier served as Micron's Chief Technology Officer. He joined the company in 1984.
The Board of Directors also announced the appointment of Director Robert E. Switz as Chairman of the Board and Mark W. Adams as President. Mr. Switz has served as a Director since 2006 and is the former Chairman and CEO of ADC Telecommunications. He has previously served as chair of the Micron Board's Audit and Governance committees. Mr. Adams joined the company in 2006 and served most recently as Vice President of Worldwide Sales.
Durcan has served as President and Chief Operating Officer of Micron since 2007 and earlier served as Micron's Chief Technology Officer. He joined the company in 1984.
The Board of Directors also announced the appointment of Director Robert E. Switz as Chairman of the Board and Mark W. Adams as President. Mr. Switz has served as a Director since 2006 and is the former Chairman and CEO of ADC Telecommunications. He has previously served as chair of the Micron Board's Audit and Governance committees. Mr. Adams joined the company in 2006 and served most recently as Vice President of Worldwide Sales.
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