Ernie Maddock, formerly the CFO of networking hardware vendor Riverbed Technology (was just taken private) and before that the CFO of chip equipment vendor Lam Research, has been named Micron's (NASDAQ:MU) new CFO, effective June 1.
The announcement comes 6 months after Micron stated Ronald C. Foster would be retiring as CFO. President Mark W. Adams has been serving as interim CFO since March.
MU -1.1% premarket to $28.36. Nasdaq futures are down 0.5%.
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