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Micron adds former Intel CEO Bob Swan to its board By Investing.com

by Index Investing News
March 11, 2024
in Financial
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© Reuters

BOISE, Idaho – Micron Technology, Inc. (NASDAQ:), a leader in memory and storage solutions, has announced the appointment of Robert (Bob) Swan to its board of directors. Swan, an operating partner at venture capital firm Andreessen Horowitz, brings a wealth of experience from his previous roles, including CEO and CFO of Intel Corporation (NASDAQ:) and CFO of eBay (NASDAQ:).

His career spans significant positions in the semiconductor, technology, and industrial sectors, where he has been recognized for driving growth and operational excellence. At Intel, Swan managed a workforce of 110,000 and achieved $78 billion in annual sales. His contributions to eBay’s global expansion strategy were also notable during his tenure as CFO.

Micron’s President and CEO, Sanjay Mehrotra, expressed enthusiasm for Swan’s joining, citing his track record as invaluable for the company’s growth and industry leadership. Robert E. Switz, chairman of the board at Micron, also highlighted Swan’s expertise in complex market dynamics and innovation as pivotal for the company’s strategic objectives.

In addition to his new role at Micron, Swan holds board positions at Nike (NYSE:), Inc., Flexport, and GoTo Group. He has also served on the boards of eBay, Applied Materials (NASDAQ:), Intel, and Skype. Swan’s career began at General Electric (NYSE:), where he held various senior finance roles over 15 years.

Swan’s educational background includes a B.S. from the University at Buffalo and an M.B.A. from the State University of New York at Binghamton, where he also received an honorary doctorate in 2022.

Micron Technology is known for its high-performance DRAM, NAND, and NOR memory and storage products under the Micron and Crucial brands. The company is focused on technology leadership and operational excellence, with innovations fueling the data economy and enabling advances in AI and 5G applications.

The information in this article is based on a press release statement from Micron Technology.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.



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