Micron Appoints New CEO, Promotes CTO Mark Durcan

Following the tragic news that Micron's CEO since 1994 perished late last week in a plane crash, the company has now promoted D. Mark Durcan as Chief Executive Officer. Mr. Durcan will also serve as a Director on Micron's Board of Directors. Mark has been the company's CTO in the past, making it a natural step-up. It's surely a bittersweet moment, taking charge of the company that has made his career, but under such awful circumstances.

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.

Mr. Durcan, 51, 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.

"We are fortunate to be able to appoint someone with Mark's operations and technical leadership experience to serve as the company's CEO," said Mr. Switz. "Mark has been instrumental in Micron's success in his role as President and COO and has garnered the respect of the company, his team members and the industry at large."

Mr. Durcan said, "We are deeply saddened by Steve's loss and will miss his hand at the helm. I have provided the Board my ongoing commitment to work with the management team and continue to move the company forward."

We sincerely wish the best for Mark and the rest of Micron's staff.
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