Micron Announces Board of Directors Retirements

Core Viewpoint - Micron Technology, Inc. announces the retirement of board members Richard M. Beyer and Mary Pat McCarthy, effective at the annual shareholders meeting on January 15, 2026, which will reduce the board to eight directors [1][3]. Group 1: Board Member Contributions - Richard M. Beyer has been on the board since 2013, serving as chair of the Governance and Sustainability Committee from 2018 to 2021 and chair of the Compensation Committee since 2021, providing strategic guidance during significant growth [2]. - Mary Pat McCarthy joined the board in 2018, serving as chair of the Finance Committee from 2019 to 2023 and chair of the Audit Committee since 2023, contributing her expertise in financial oversight and risk management from her career at KPMG [3]. Group 2: Leadership Acknowledgment - Micron's Chairman, President, and CEO Sanjay Mehrotra expressed gratitude for Beyer and McCarthy's service, highlighting their instrumental role in shaping the company's growth and success [4]. - Lynn Dugle, the board's lead independent director, noted that their perspectives enriched board deliberations and set a high standard for governance [4]. Group 3: Future Board Composition - Following the retirement of Beyer and McCarthy, the remaining directors nominated for reelection include Lynn Dugle, Steven J. Gomo, Linnie M. Haynesworth, T. Mark Liu, Sanjay Mehrotra, A. Christine Simons, Robert H. Swan, and MaryAnn Wright [4].