Hot! Micron Ceo Dies In Plane Crash

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By Benjamin Pimentel , MarketWatch

SAN FRANCISCO (MarketWatch) Micron Technology Chief Executive Steve Appleton kicked the bucket Friday morning in a tiny plane crash throughout Boise, Idaho, the provider announced.

Appleton, exactly who become a member Micron /quotes/zigman/75433/quotes/nls/mu MU +2.98% inside 1983, has been 51. He have functioned since head of the nick provider because September 1994.

Trading inside Micron stock shares was halted after Appleton s passing away seemed to be announced. The stock shut from $7.95, upward 3%.

Our minds fall out for you to his wife, Dalynn, his kids and also their family obtained in this tragic time, this company said in the statement. Steve vertisements passion plus electrical power eventually left an indelible recognise about Micron, your Idaho community and also the engineering marketplace at large.

Sanjay Mehrotra, CEO involving rival SanDisk Corp. /quotes/zigman/54370/quotes/nls/sndk SNDK +2.16% , that is located in Milpitas, Calif., known as Appleton an essential find while in the semiconductor industry.

His command in the course of three ages at Micron and also while in the memory chip enterprise had been exemplary, he or she said. Steve ersus small business acumen as well as energy source might be had missed by simply most of who suspected him. Our deepest sympathies fall out that will Steve vertisements family and to his co-workers from Micron.

Appleton ersus demise happens at this time with improving current market verse on Boise-based Micron. The commodity includes risen greater than 26% seeing that Jan. 1, and possesses jumped a lot more than 35% before about three months.

The tragedy came a little week right after Micron publicised of which D. Mark Durcan, its chief operating officer plus president, are going to be retiring afre the wedding of August. He was to always be succeeded by simply Mark Adams, the provider s vice us president with throughout the world sales.

Micron is likewise scheduled to support a strong analyst meeting upon Feb. 10.

Benjamin Pimentel may be a MarketWatch reporter operating out of San Francisco.