AI English summary of an SEC filing — figures as filed

Micron said the board appointed Robert Swan as a director on March 11, 2024. Swan was also appointed to the board's Audit Committee and Finance Committee.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Mar 11, 2024Period of report Mar 11, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

Micron said the board appointed Robert Swan as a director on March 11, 2024. Swan was also appointed to the board's Audit Committee and Finance Committee.
The company said the board, through amended and restated bylaws approved on March 11, 2024, increased the size of the board from eight to nine.
The company said Swan will take part in the non-employee director compensation program in line with past practice. He will receive a pro rata portion of the annual restricted stock grant for non-employee directors on his appointment date, and he will also enter into the company's standard indemnification agreement.
In a press release, the company said Swan is an operating partner at Andreessen Horowitz and previously served as CFO and then CEO of Intel Corporation. The company said Swan oversaw 110,000 employees and $78B in annual sales at Intel.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Robert Swan Appointed to Board and Committees

Micron said the board appointed Robert Swan as a director on March 11, 2024. Swan was also appointed to the board's Audit Committee and Finance Committee.

Source · Based on the filing body and exhibits

Board Size Increased from 8 to 9 Directors

The company said the board, through amended and restated bylaws approved on March 11, 2024, increased the size of the board from eight to nine.

Source · Based on the filing body and exhibits

Non-Employee Director Compensation and Indemnification

The company said Swan will take part in the non-employee director compensation program in line with past practice. He will receive a pro rata portion of the annual restricted stock grant for non-employee directors on his appointment date, and he will also enter into the company's standard indemnification agreement.

Source · Based on the filing body and exhibits

Swan's Career and Current Roles

In a press release, the company said Swan is an operating partner at Andreessen Horowitz and previously served as CFO and then CEO of Intel Corporation. The company said Swan oversaw 110,000 employees and $78B in annual sales at Intel.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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