**Sanjay Mehrotra Steps Up as Micron Board Chair; Leadership Transition Announced for 2025**

In a significant organizational shift, Micron Technology (MU) has unveiled plans for a leadership restructuring effective following its annual shareholders meeting scheduled for January 16, 2025. The semiconductor manufacturer's board of directors has formally confirmed that Sanjay Mehrotra, who currently serves as the company's president and chief executive officer, will assume the role of board chair. Simultaneously, Lynn Dugle will take on the position of lead independent director.

The transition marks the end of an era at Micron, as Robert E. Switz is set to conclude his tenure as board chair at the same January shareholders meeting. Switz's decision to step down comes after his tenure overseeing the company's strategic direction during a period of significant industry evolution in semiconductor manufacturing and memory technology advancement.

The board's unanimous backing of Mehrotra's appointment reflects confidence in his leadership capabilities. As CEO, Mehrotra has been instrumental in guiding Micron through competitive market pressures and technological development initiatives. His elevation to chair position consolidates decision-making authority while the company navigates ongoing challenges in the memory chip sector.

The leadership restructuring positions Micron to maintain operational continuity while establishing clearer governance separation through Dugle's new lead independent director role. This move aligns with broader corporate governance practices in the semiconductor industry, where clear delineation between executive and board leadership has become increasingly important.