BOISE, Idaho (AP) - The top executive of Micron Technology Inc. is planning to step down.
CEO Mike Durcan announced Thursday that he plans to retire. He will continue as CEO while the company’s board of directors looks for a replacement.
A special board committee is searching for candidates.
Durcan, who has worked at Micron for 32 years, took the office of CEO in 2012 after announcing his retirement as president and chief operating officer. Former CEO and board chairman Steve Appleton was killed in the crash of an experimental aircraft and Durcan was called out of retirement to lead.
Durcan didn’t respond to an interview request Thursday.
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