Micron announces two Board retirements ahead of fiscal 2025 meeting
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Micron Technology (MU) announced Board changes. On October 15, 2025, Richard M. Beyer and Mary Pat McCarthy notified the Board’s Governance and Sustainability Committee that they will retire and not seek re-election at the Company’s fiscal 2025 annual shareholders meeting. They will continue to serve as directors through the end of their term at the Annual Meeting.
The Company issued a press release on October 21, 2025, attached as Exhibit 99.1.
Positive
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Micron Technology (MU) disclose in this 8-K?
Two directors, Richard M. Beyer and Mary Pat McCarthy, will retire and not seek re-election at the fiscal 2025 Annual Meeting.
When will the Micron (MU) director retirements take effect?
They will continue serving through the end of their term at the fiscal 2025 Annual Meeting.
Which Micron (MU) Board committee received the notices?
The Governance and Sustainability Committee received the retirement notices on October 15, 2025.
Are Beyer and McCarthy resigning immediately from Micron (MU)?
No. They will remain on the Board until the end of their current term at the Annual Meeting.
Did Micron (MU) issue a press release about the Board changes?
Yes. A press release dated October 21, 2025, is attached as Exhibit 99.1.
What is the trading symbol for Micron Technology?
Micron Technology’s common stock trades under the symbol MU on the Nasdaq Global Select Market.