---
schema_version: "secwatch.filing_event.v1"
accession: "0000723125-22-000020"
form_type: "8-K"
ticker: "MU"
cik: "0000723125"
company_name: "MICRON TECHNOLOGY INC"
filed_at: "2022-04-08T23:59:59+00:00"
generated_at: "2026-06-26T08:36:49.746433+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Micron appoints Mark J. Murphy as CFO effective April 18, 2022; compensation disclosed

## Summary
- Mark J. Murphy appointed EVP and CFO, effective April 18, 2022; replaces interim CFO Sumit Sadana.
- Base salary $700,000; target bonus 110% of base; sign-on bonus $250,000 repayable if leaves within 2 years.
- Fiscal 2022 equity target $7M prorated; one-time new hire equity award valued at ~$10M.
- Severance includes 1x salary (1.5x in change of control), continued equity vesting, subject to non-compete.

## SEC filing metadata
- accession: 0000723125-22-000020
- form_type: 8-K
- ticker: MU
- cik: 0000723125
- company_name: MICRON TECHNOLOGY INC
- filed_at: 2022-04-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723125/000072312522000020/0000723125-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723125/000072312522000020/mu-20220408.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723125-22-000020
- JSON: https://secwatch.observer/filing/0000723125-22-000020.json
- Plain text: https://secwatch.observer/filing/0000723125-22-000020.txt

## Key facts
- Executive change
  Sumit Sadana changed role as Interim Chief Financial Officer at MICRON TECHNOLOGY INC.
  - Action: ceased serving as
  - Role: Interim Chief Financial Officer
  source text: Sumit Sadana will cease serving as Interim Chief Financial Officer and will continue to serve in his role as Executive Vice President and Chief Business Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723125/000072312522000020/0000723125-22-000020-index.htm
- Executive change
  Mark J. Murphy was appointed as Executive Vice President and Chief Financial Officer at MICRON TECHNOLOGY INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: The Board of Directors of Micron Technology, Inc. (the “Company”) has appointed Mark J. Murphy (54) to serve as Executive Vice President and Chief Financial Officer effective as of April 18, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/723125/000072312522000020/0000723125-22-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.