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Date: 01-05-17

X-CEO of Sandisk is appointed as CEO and President of Micron

Semiconductor memory chip maker Micron Technology has appointed Sanjay Mehrotra as president and chief executive officer and a member of the board of directors, effective May 8, 2017. Mehrotra succeeds Mark Durcan.

"Sanjay has an outstanding track record of business success and exceptional knowledge of the memory and storage industry," said Robert E. Switz, chairman of the board of directors and a member of the CEO selection committee. "His experience in markets ranging from consumer to enterprise make him uniquely qualified to lead Micron into the future."

Sanjay Mehrotra was a co-founder of SanDisk and held the positions of president and CEO from 2011 to 2016 at Sandisk. Sandisk acquired by Western Digital Corporation in 2016  for $16 billion.

"Innovation in memory and storage technology is enabling new products, improved customer experience and growth across multiple markets," said Mehrotra. "Micron is at the forefront of driving these innovations, and I am thrilled to have the opportunity to lead such a talented global team."

Durcan will step down as CEO and from the Micron board of directors effective May 8, 2017, but will serve as an advisor to the company until early August. "Mark has made an immense contribution to Micron and to the semiconductor industry at large over his 32 years at the company and 5 years as CEO," noted Switz. "We wish him all the best in his future endeavors."

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