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AI English summary of an SEC filing — figures as filed

Micron Technology logoMicron Technology MU

Micron Technology said Richard M. Beyer and Mary Pat McCarthy provided notice to the Governance and Sustainability Committee on October 15, 2025 that they have decided to retire from the Board and will not seek re-election at the Company's fiscal 2025 annual shareholders meeting.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Micron Technology said Richard M. Beyer and Mary Pat McCarthy provided notice to the Governance and Sustainability Committee on October 15, 2025 that they have decided to retire from the Board and will not seek re-election at the Company's fiscal 2025 annual shareholders meeting.

  2. The company said the two directors will continue to serve as directors through the end of their term at the annual shareholders meeting, which is expected to be held on January 15, 2026.

  3. Micron Technology said Beyer has served on the Board since 2013 and has served as chair of the Compensation Committee since 2021, and McCarthy has served on the Board since 2018 and has served as chair of the Audit Committee since 2023.

  4. The company said that following the departure of Beyer and McCarthy, the Micron board will be comprised of 8 directors, and the board has nominated the remaining current directors for re-election at the shareholders meeting.

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.

Board Retirements of 2 Directors

Micron Technology said Richard M. Beyer and Mary Pat McCarthy provided notice to the Governance and Sustainability Committee on October 15, 2025 that they have decided to retire from the Board and will not seek re-election at the Company's fiscal 2025 annual shareholders meeting.

Source · Based on the filing body and exhibits

Annual Shareholders Meeting Date and Continued Service

The company said the two directors will continue to serve as directors through the end of their term at the annual shareholders meeting, which is expected to be held on January 15, 2026.

Source · Based on the filing body and exhibits

Board Tenure of Retiring Directors

Micron Technology said Beyer has served on the Board since 2013 and has served as chair of the Compensation Committee since 2021, and McCarthy has served on the Board since 2018 and has served as chair of the Audit Committee since 2023.

Source · Based on the filing body and exhibits

Board Composition After Retirements and Director Nominees

The company said that following the departure of Beyer and McCarthy, the Micron board will be comprised of 8 directors, and the board has nominated the remaining current directors for re-election at the shareholders meeting.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.