Form 8-K MICRON TECHNOLOGY INC For: Oct 16
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
October 16, 2019
Date of Report (date of earliest event reported)
|MICRON TECHNOLOGY, INC.|
|(Exact name of registrant as specified in its charter)|
|(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)|
|(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))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading symbol||Name of each exchange on which registered|
|Common Stock, par value $0.10 per share||MU||NASDAQ Global Select Market|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
|Item 5.02.||Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.|
On October 16, 2019, the Board of Directors of Micron Technology, Inc. (the "Company") appointed Paul Marosvari (54) as Chief Accounting Officer and principal accounting officer of the Company, effective as of October 16, 2019. David Zinsner will continue to serve as the Company's Chief Financial Officer and principal financial officer. The press release related to Mr. Marosvari becoming the Chief Accounting Officer and principal accounting officer of the Company is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
|Item 9.01.||Financial Statements and Exhibits.|
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:||October 17, 2019||By:||/s/ David A. Zinsner|
|Name:||David A. Zinsner|
|Title:||Senior Vice President and Chief Financial Officer|
Micron Appoints Paul Marosvari as Chief Accounting Officer
BOISE, Idaho, Oct. 17, 2019 – Micron Technology, Inc. (Nasdaq: MU), today announced that the company has named Paul Marosvari as Micron's vice president and chief accounting officer, reporting to David Zinsner, senior vice president and chief financial officer. In this new position, Marosvari will oversee all accounting, controllership, and financial reporting, including Sarbanes-Oxley controls.
"The establishment of the chief accounting officer role at Micron is reflective of the growth and scale of our company," said Senior Vice President and Chief Financial Officer David Zinsner. "Paul brings the strong management and leadership capabilities that are essential to ensuring compliance across all of our accounting practices in 18 countries."
Since joining Micron in 1996, Marosvari has held several roles. Most recently, Marosvari was Micron's vice president and corporate controller, a position he was appointed to in October 2018. Prior to that, he served as Micron's senior director, corporate controller, from October 2016 to September 2018, and as a senior director, assistant controller, from January 2010 to September 2016. Before joining Micron, Marosvari was an audit manager and certified public accountant at Coopers & Lybrand where he worked for eight years. Marosvari holds a Bachelor of Business Administration in accounting from Boise State University.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions. Through our global brands – Micron®, Crucial®, and Ballistix® – our broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, 3D XPoint™ memory and NOR, is transforming how the world uses information to enrich life. Backed by 40 years of technology leadership, our memory and storage solutions enable disruptive trends, including artificial intelligence, 5G, machine learning, and autonomous vehicles, in key market segments like mobile, data center, client, consumer, industrial, graphics, automotive, and networking. Our common stock is traded on the Nasdaq under the MU symbol. To learn more about Micron Technology, Inc., visit micron.com.
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