|Micron Technology Announces Retirement of Mark Durcan as President and Chief Operating Officer
Mark Adams, Vice President of Worldwide Sales, to Succeed Mr.
Durcan as President and Chief Operating Officer
BOISE, Idaho, Jan. 26, 2012 (GLOBE NEWSWIRE) -- Micron Technology, Inc.
(Nasdaq:MU), announced today that D. Mark Durcan, President and Chief
Operating Officer (COO), will be retiring at the completion of Micron's
current fiscal year at the end of August 2012.
Mr. Durcan joined Micron in 1984 and was named the company's Vice
President of Research and Development and Chief Technology Officer in
June 1997. He was appointed COO in February 2006 and as the company's
President in June 2007.
"For the past 28 years Mark has played an integral role in the
company's growth and success," said Steve Appleton, Micron Chairman and
Chief Executive Officer. "We appreciate his willingness to serve
through the remainder of the fiscal year to ensure a smooth transition
of his duties to his successor. We will miss Mark's leadership and
guidance, and wish him well in his future endeavors."
Mark W. Adams, the company's Vice President of Worldwide Sales, will
succeed Mr. Durcan as President and Chief Operating Officer upon Mr.
Durcan's retirement. Mr. Adams was the Chief Operating Officer of Lexar
Media, Inc. (Lexar) at the time of Micron's acquisition of Lexar in
June 2006. He was appointed as Micron's Vice President of Worldwide
Sales in July 2008. Mr. Adams holds a bachelor's in Economics from
Boston College and a master's in Business Administration from Harvard
Micron Technology, Inc., is one of the world's leading providers of
advanced semiconductor solutions. Through its worldwide operations,
Micron manufactures and markets a full range of DRAM, NAND and NOR
flash memory, as well as other innovative memory technologies,
packaging solutions and semiconductor systems for use in leading-edge
computing, consumer, networking, embedded and mobile products. Micron's
common stock is traded on the NASDAQ under the MU symbol. To learn more
about Micron Technology, Inc., visit www.micron.com.
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CONTACT: Daniel Francisco