secwatch / observer
8-K filed October 30, 2024, 7:59 PM ET ticker MU CIK 0000723125
leadership confidence high sentiment neutral materiality 0.60

Micron Board Chair Bob Switz to retire; CEO Sanjay Mehrotra to succeed as Chair

MICRON TECHNOLOGY INC

item 5.02item 5.03item 9.01

Executive movements

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Departed

Robert Switz

Chair of the Board of Directors
MU · MICRON TECHNOLOGY INC
Successor
Sanjay Mehrotra
Filed
October 30, 2024, 7:59 PM ET
On October 25, 2024, Robert Switz, Chair of the Board of Directors (the “Board”) of Micron Technology, Inc. (the “Company”), provided notice to the Governance and Sustainability Committee of the Board that he has decided to retire from the Board and will not seek re-election at the Company’s fiscal 2024 annual shareholders meeting (the “Annual Meeting”).
Appointed

Sanjay Mehrotra

Chair of the Board
MU · MICRON TECHNOLOGY INC
Filed
October 30, 2024, 7:59 PM ET
On October 30, 2024, the Company announced that the independent members of the Board unanimously elected Sanjay Mehrotra, the Company’s Chief Executive Officer, to succeed Mr. Switz as Chair of the Board
Role change

Lynn Dugle

Lead Independent Director
MU · MICRON TECHNOLOGY INC
Filed
October 30, 2024, 7:59 PM ET
and Lynn Dugle to serve as lead independent director, each effective as of Mr. Switz’s retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Switz departed as Chair of the Board of Directors at MICRON TECHNOLOGY INC.

Action
retire
Role
Chair of the Board of Directors
Exact text from the filing
On October 25, 2024, Robert Switz, Chair of the Board of Directors (the “Board”) of Micron Technology, Inc. (the “Company”), provided notice to the Governance and Sustainability Committee of the Board that he has decided to retire from the Board and will not seek re-election at the Company’s fiscal 2024 annual shareholders meeting (the “Annual Meeting”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Sanjay Mehrotra was elected as Chair of the Board at MICRON TECHNOLOGY INC.

Action
elected
Role
Chair of the Board
Exact text from the filing
On October 30, 2024, the Company announced that the independent members of the Board unanimously elected Sanjay Mehrotra, the Company’s Chief Executive Officer, to succeed Mr. Switz as Chair of the Board
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

Lynn Dugle was elected as Lead Independent Director at MICRON TECHNOLOGY INC.

Action
elected
Role
Lead Independent Director
Exact text from the filing
and Lynn Dugle to serve as lead independent director, each effective as of Mr. Switz’s retirement.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MICRON TECHNOLOGY INC: The board approved an amendment to the company's Amended and Restated Bylaws to set the number of directors from time to time by board resolution, effective immediately (effective 2024-10-28).

Change
bylaw amendment
Effective
2024-10-28
Exact text from the filing
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year. On October 28, 2024, the Board approved an amendment to the Company’s Amended and Restated Bylaws to provide that the number of directors shall be set from time to time by resolution of the Board, effective immediately.
View on SEC.gov

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MICRON TECHNOLOGY INC filing history →

Source: SEC EDGAR
accession 0001104659-24-112626
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