Micron Announces Interim Successor to Steve Appleton
Hours after Micron Technology announced its CEO Steve Appleton had been killed in a single-engine plane crash, the company sent this press release naming Chief Operating Officer Mark Durcan as Appleton’s successor.
“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.
Last month, Durcan announced plans to retire when Micron’s current fiscal year ends August 31.
It’s not clear if Durcan still plans to leave the company.