Micron Technology Inc.
Micron Announces Leadership Changes in Board of Directors
Summary
On October 25, 2024, Robert Switz, Chair of the Board of Directors of Micron Technology, Inc., announced his retirement and decision not to seek re-election at the Company's fiscal 2024 annual shareholders meeting. The Board unanimously elected Sanjay Mehrotra, the Company's Chief Executive Officer, to succeed Mr. Switz as Chair of the Board, and Lynn Dugle to serve as lead independent director, effective as of Mr. Switz's retirement. Additionally, on October 28, 2024, the Board approved an amendment to the Company's Amended and Restated Bylaws to set the number of directors by resolution of the Board, effective immediately.
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About Micron Technology Inc.
Micron Technology Inc. is a leader in the production and innovation of memory and storage solutions. The company's core offerings include dynamic random-access memory (DRAM), NAND flash memory, and NOR flash memory, which are crucial for a wide range of computing devices. These products serve various sectors, including personal computing, mobile communications, automotive, and data centers, enabling advanced functionalities and improved performance. Micron’s innovations play a critical role in data processing and storage, facilitating advancements in artificial intelligence, machine learning, and edge computing. As a major player in the semiconductor industry, Micron Technology Inc. significantly influences the technology supply chain, contributing to the development of modern electronic devices and systems. With a focus on cutting-edge technology and efficient manufacturing, Micron is pivotal in driving forward the capabilities of memory solutions globally.
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