Micron CEO Appleton Dies in Plane Crash

Agnico-Eagle among group of miners making gains Monday

   
Micron CEO Appleton Dies in Plane Crash

Micron (NASDAQ:MU) CEO Steve Appleton was killed Friday in a small plane crash at the Boise Airport in Boise, Idaho.

According to the Idaho Statesman, the crash still was being investigated. Appleton was the only person in the plane.

Appleton, 51, had worked at the semiconductor company since 1983, and was appointed CEO and Chairman in 1994 at age 34, making him the third-youngest CEO of a Fortune 500 company. In 2011, he received the Semiconductor Industry Association’s highest honor, the Robert N. Noyce award.

Appleton also crashed an aerobatic plane in 2004 in Boise and was hospitalized.

In a news release, the company’s board of directors said, “We are deeply saddened to announce that Steve Appleton, Micron Chairman and CEO, passed away this morning in a small plane accident in Boise. … Steve’s passion and energy left an indelible mark on Micron, the Idaho community and the technology industry at large.”

Micron is one of 50 companies in the Real America Index. MU shares are up 26% in 2012.


Article printed from InvestorPlace Media, http://investorplace.com/2012/02/micron-ceo-steve-appleton-dies-in-plane-crash/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.