0000723125-12-000019.txt : 20120209 0000723125-12-000019.hdr.sgml : 20120209 20120209113940 ACCESSION NUMBER: 0000723125-12-000019 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20120203 ITEM INFORMATION: Other Events FILED AS OF DATE: 20120209 DATE AS OF CHANGE: 20120209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICRON TECHNOLOGY INC CENTRAL INDEX KEY: 0000723125 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 751618004 STATE OF INCORPORATION: DE FISCAL YEAR END: 0830 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10658 FILM NUMBER: 12585304 BUSINESS ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 BUSINESS PHONE: 2083684000 MAIL ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 8-K 1 form8k-appleton.htm 2012 8-K - APPLETON form8k-appleton.htm




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

February 3, 2012
Date of Report (date of earliest event reported)

MICRON TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)

Delaware
 
1-10658
 
75-1618004
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)

 
8000 South Federal Way
 
 
Boise, Idaho  83716-9632
 
 
(Address of principal executive offices)
 

 
(208) 368-4000
 
 
(Registrant’s telephone number, including area code)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))

 
 

 
 
 
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

       On February 3, 2012, the Company’s Board of Directors (the “Board”) acknowledged D. Mark Durcan as interim Chief Executive Officer, pursuant to the Company’s Bylaws, following the death of Steven R. Appleton.  On February 4, 2012, the Board appointed Mr. Durcan Chief Executive Officer and also made him a member of the Board.  The Board also appointed Mark W. Adams President of the Company.  Robert E. Switz, a member of the Board since 2006, was named Chairman of the Board.
 
Mr. Durcan, age 51, joined the Company in 1984 and has been the Company’s Chief Operating Officer and President since 2007.  Prior to being named Chief Operating Officer and President, Mr. Durcan served as the Company’s Chief Technology Officer.  Mr. Adams, age 47, has been the Company’s Vice President of Worldwide Sales since July 2008.  He joined the Company as Vice President of Digital Media in June 2006 when the Company acquired Lexar Media, Inc. (“Lexar”).  From January 2006 until he joined the Company, Mr. Adams served as Lexar’s Chief Operating Officer.

The full text of the press release issued on February 3, 2012, related to Mr. Durcan being named interim Chief Executive Officer is attached as Exhibit 99.1 to this Current Report on Form 8-K.  The full text of the press release issued on February 4, 2012,  related to the appointments of Messrs. Durcan, Adams and Switz to their new positions is attached as Exhibit  99.2  to this Current Report on Form 8-K.

Item 8.01.
Other Events.

On February 3, 2012, the Company issued a press release related to the death of its Chairman and Chief Executive Officer, Steven R. Appleton.  The full text of the press release is attached as Exhibit 99.3 to this Current Report on Form 8-K.

Item 9.01.
Financial Statements and Exhibits.
   
 
(d)  Exhibits.
 
Exhibit No.
 
Description
99.1
 
Press Release issued on February 3, 2012
99.2
 
Press Release issued on February 4, 2012
99.3
 
Press Release issued on February 3, 2012


 
2

 

 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


   
MICRON TECHNOLOGY, INC.
       
       
Date:
February 7, 2012
By:
/s/ Ronald C. Foster
   
Name:
Ronald C. Foster
   
Title:
Chief Financial Officer and
Vice President of Finance

 
3

 

INDEX TO EXHIBITS FILED WITH
THE CURRENT REPORT ON FORM 8-K DATED FEBRUARY 3, 2012


Exhibit
 
Description
   99.1
 
Press Release issued on February 3, 2012
   99.2
 
Press Release issued on February 4, 2012
   99.3
 
Press Release issued on February 3, 2012




4


EX-99.1 2 exh991-pr.htm PRESS RELEASE, BOD CEO UPDATE 4 (FRIDAY) exh991-pr.htm




EXHIBIT 99.1
 
FOR IMMEDIATE RELEASE
 

Contact:                 Daniel Francisco
Micron Technology, Inc.
208-368-5584
dfrancisco@micron.com

MICRON TECHNOLOGY ANNOUNCES UPDATE

BOISE, Idaho, Feb. 3, 2012 – Micron Technology, Inc. (NASDAQ: MU), announced earlier today that the company is deeply saddened by the death of Chairman and CEO Steve Appleton in a small plane accident in Boise. Mr. Appleton was 51.

“Steve was a true friend who will be dearly missed by all of us,” said Mark Durcan, Micron President and Chief Operating Officer. “Our thoughts and prayers are with his family and our team members as we all grieve this tragic loss.”

Pursuant to the Company’s bylaws, Mr. Durcan, in his role as president of the company will assume the responsibilities of CEO until a successor is appointed by the Board of Directors.  The Board of Directors will convene a meeting over the weekend.
 
 
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.
 
# # #
 
Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.




EX-99.2 3 exh992-pr.htm PRESS RELEASE, DURCAN CEO (SATURDAY) exh992-pr.htm




EXHIBIT 99.2
 
FOR IMMEDIATE RELEASE
 

Contact:                 Daniel Francisco
Micron Technology, Inc.
208-368-5584
dfrancisco@micron.com

MICRON TECHNOLOGY APPOINTS MARK DURCAN
AS CHIEF EXECUTIVE OFFICER, DIRECTOR

Director Robert E. Switz to Serve as Chairman, Mark W. Adams as President

BOISE, Idaho, Feb. 4, 2012 – Micron Technology, Inc. (NASDAQ: MU), today announced the appointment of D. Mark Durcan as Chief Executive Officer (CEO) of the company. Mr. Durcan will also serve as a Director on Micron’s Board of Directors. The appointments come after the company reported that Steven R. Appleton, longtime Micron Chairman and CEO, passed away in a Feb. 3 airplane accident in Boise.

The Board of Directors also announced the appointment of Director Robert E. Switz as Chairman of the Board and Mark W. Adams as President. Mr. Switz has served as a Director since 2006 and is the former Chairman and CEO of ADC Telecommunications.  He has previously served as chair of the Micron Board’s Audit and Governance committees.  Mr. Adams joined the company in 2006 and served most recently as Vice President of Worldwide Sales.

Mr. Durcan, 51, has served as President and Chief Operating Officer of Micron since 2007 and earlier served as Micron’s Chief Technology Officer. He joined the company in 1984.

“We are fortunate to be able to appoint someone with Mark’s operations and technical leadership experience to serve as the company’s CEO,” said Mr. Switz. “Mark has been instrumental in Micron’s success in his role as President and COO and has garnered the respect of the company, his team members and the industry at large.”

Mr. Durcan said, “We are deeply saddened by Steve’s loss and will miss his hand at the helm.
 
 
 

 
 
I have provided the Board my ongoing commitment to work with the management team and continue to move the company forward.”

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.
 
# # #
 
Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.





EX-99.3 4 exh993-pr.htm PRESS RELEASE, BOD SRA ANNOUNCE exh993-pr.htm




EXHIBIT 99.3
 
FOR IMMEDIATE RELEASE
 

Contact:                 Daniel Francisco
Micron Technology, Inc.
208-368-5584
dfrancisco@micron.com


STATEMENT BY MICRON TECHNOLOGY BOARD OF DIRECTORS


BOISE, Idaho, Feb. 3, 2012 – We are deeply saddened to announce that Steve Appleton, Micron Chairman and CEO, passed away this morning in a small plane accident in Boise. He was 51.

Our hearts go out to his wife, Dalynn, his children and his family during this tragic time.

Steve’s passion and energy left an indelible mark on Micron, the Idaho community and the technology industry at large.

The company expects to provide additional information later today.

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.
 
# # #
 
Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.