secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001104659-25-020878
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Micron appoints ex-TSMC chairman Mark Liu and Deloitte partner Christie Simons to board
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- Appointments effective March 5, 2025; Board expands to 10 directors, 9 independent.
- Liu served as TSMC executive chairman (2018-2024) and president/co-CEO; Simons is retiring Deloitte audit partner with semiconductor focus.
- Liu joins Governance and Sustainability Committee and Finance Committee; Simons joins Security Committee, to join Audit Committee.
- Each receives pro-rata cash retainer of $125,000 and RSU grant valued at $250,000 under standard non-employee director comp.
- No arrangements or family relationships with current directors or officers; both deemed independent under Nasdaq rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000110465925020878/0001104659-25-020878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000110465925020878/tm258327d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-020878

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