Micron Announces Board Chair Transition: Robert Switz To Retire In January 2025, CEO Sanjay Mehrotra To Assume Board Chair Role, Lynn Dugle Named Lead Independent Director
Portfolio Pulse from Benzinga Newsdesk
Micron Technology has announced a transition in its board leadership. Robert Switz will retire as Board Chair in January 2025, with CEO Sanjay Mehrotra set to assume the role. Lynn Dugle has been named as the Lead Independent Director.
October 30, 2024 | 8:24 pm
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Micron Technology is undergoing a board leadership transition. Robert Switz will retire as Board Chair in January 2025, with CEO Sanjay Mehrotra taking over. Lynn Dugle is appointed as Lead Independent Director.
The transition in board leadership is a significant corporate governance event for Micron. However, as the change is planned for January 2025, the immediate impact on stock price is likely neutral. Investors may view the continuity of leadership positively, but the long-term effects will depend on the strategic direction under the new chair.
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