Tag Archives: Mark Durcan
Micron appoints new CEO in wake of Appleton’s death
Micron Technology said yesterday it has appointed D. Mark Durcan to replace chief executive Steve Appleton, who died Friday when the small experimental plane he was piloting crashed at the Boise airport.
Durcan was previously Micron’s president and chief operating officer. While the loss of Appleton, the long time CEO, is devastating, the largest American manufacturer of memory chips has had the advantage of having stable management for a long time. Part of the reason is that its Boise, Idaho-based location is far removed from other chip companies that might poach employees. But Micron has also been an exceedingly well-run company in a volatile price-sensitive industry.
Durcan, 51, will be joined by Robert Switz, who will succeed Appleton as chairman of the board. And Mark W. Adams will serve as president. Switz has been a director
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