Micron Appoints Lynn Dugle to Board of Directors

Rhea-AI Summary

Micron Technology (Nasdaq: MU) has appointed Lynn Dugle to its board of directors, enhancing its leadership with her 30+ years in the defense, intelligence, and high-tech sectors. Dugle's expertise is expected to benefit Micron as it aims to strengthen its portfolio and cater to diverse market needs. Her previous roles include CEO of Engility and positions at Raytheon, where she led crucial divisions. Her appointment increases female representation on Micron's board to over one-third, reflecting a commitment to diversity.

Positive

• Lynn Dugle brings over 30 years of experience in high-tech and defense industries.
• Her expertise in managing complex organizations is expected to support Micron's strategic goals.
• Dugle's appointment increases female representation on the board to over one-third.

Negative

• None.

BOISE, Idaho, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Lynn Dugle to its board of directors. Dugle has more than 30 years of experience in the defense, intelligence and high-tech industries.

“Lynn is an accomplished leader, and we are pleased to welcome her to the Micron board,” said Micron President and CEO Sanjay Mehrotra. “Lynn’s business and technology expertise, combined with her depth in managing complex organizations, will significantly benefit Micron as we continue to strengthen our portfolio of high-value solutions and focus on delivering leading technology that addresses diverse end-market needs.”

“Adoption of advanced technologies, for which memory and storage are essential, will continue to accelerate,” said Micron Board Chair Robert Switz. “We believe Lynn’s proven experience on boards and her work with enterprises and government organizations at the highest levels will bring tremendous insight and perspective to Micron.”

Dugle was previously chief executive officer, president and chair of the board of directors at Engility, a provider of highly technical, integrated solutions and services to the U.S. government, with customers spanning the defense, intelligence, space and federal civilian communities. She led the sale of the company to Science Applications International Corporation in 2019.

Prior to Engility, Dugle spent more than a decade in senior management positions at Raytheon and retired from the company in March 2015 as a Raytheon Company vice president and as president of Raytheon Intelligence, Information and Services, which housed Raytheon’s Cyber and Special Operations division. Before joining Raytheon, she was with ADC Telecommunications in several international and officer-level positions.

Dugle serves on the boards of State Street Corporation, TE Connectivity and KBR. She holds a master’s degree in business administration from the University of Texas at Dallas and bachelor’s degrees in technical management and Spanish from Purdue University.

Dugle’s appointment increases the representation of women on Micron’s board, who now make up more than one-third of Micron’s board members.

About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions. Through our global brands – Micron^® and Crucial^® – our broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, 3D XPoint™ memory and NOR, is transforming how the world uses information to enrich life for all. Backed by more than 40 years of technology leadership, our memory and storage solutions enable disruptive trends, including artificial intelligence, 5G, machine learning and autonomous vehicles, in key market segments like mobile, data center, client, consumer, industrial, graphics, automotive, and networking. Our common stock is traded on the Nasdaq under the MU symbol. To learn more about Micron Technology, Inc., visit micron.com.

© 2020 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

Micron Media Relations Contact
Erica Pompen
Micron Technology, Inc.
+1 (408) 834-1873
epompen@micron.com

Micron Investor Relations Contact
Farhan Ahmad
Micron Technology, Inc.
+1 (408) 834-1927
farhanahmad@micron.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c0f7856-baea-4f44-b79a-f2cd5406a8bd

 

FAQ

Who is Lynn Dugle and what is her background related to Micron Technology (MU)?

Lynn Dugle is the newly appointed board member at Micron Technology, bringing over 30 years of experience in defense, intelligence, and high-tech sectors, including leading roles at Engility and Raytheon.

What impact does Lynn Dugle's appointment have on Micron Technology's board diversity?

Her appointment increases the representation of women on Micron's board to over one-third, reflecting a commitment to diversity.

What are the expectations from Lynn Dugle in her role at Micron Technology (MU)?

Lynn Dugle is expected to leverage her business and technology expertise to enhance Micron's strategic direction and strengthen its portfolio.