Micron Technology, Inc. announced significant changes to its Board of Directors on October 30, 2024. Robert Switz, the current Chair of the Board, will retire at the upcoming annual shareholders meeting scheduled for January 16, 2025. Switz, who has been with Micron's Board since 2006 and served as Chair since 2012, has overseen the company's substantial growth and strategic direction. His decision to retire is not due to any disagreements with the company's operations or policies. Sanjay Mehrotra, Micron's President and CEO, has been unanimously elected by the independent members of the Board to succeed Switz as Chair upon his retirement. Additionally, Lynn Dugle has been appointed to serve as the lead independent director. These leadership transitions are set to take effect following the annual shareholders meeting. Furthermore, on October 28, 2024, the Board approved an amendment to the Company's Amended and Restated Bylaws, allowing the number of directors to be determined by the Board's resolution.

Micron Technology, Inc. announced significant changes to its Board of Directors on October 30, 2024. Robert Switz, the current Chair of the Board, will retire at the upcoming annual shareholders meeting scheduled for January 16, 2025. Switz, who has been with Micron's Board since 2006 and served as Chair since 2012, has overseen the company's substantial growth and strategic direction. His decision to retire is not due to any disagreements with the company's operations or policies. Sanjay Mehrotra, Micron's President and CEO, has been unanimously elected by the independent members of the Board to succeed Switz as Chair upon his retirement. Additionally, Lynn Dugle has been appointed to serve as the lead independent director. These leadership transitions are set to take effect following the annual shareholders meeting. Furthermore, on October 28, 2024, the Board approved an amendment to the Company's Amended and Restated Bylaws, allowing the number of directors to be determined by the Board's resolution.