Micron Technology, Inc. (Nasdaq: MU) announced on October 22 2025 that Richard M. Beyer and Mary Pat McCarthy will retire from its board of directors at the annual shareholders meeting scheduled for January 15 2026. Beyer has served on the board since 2013, chaired the Governance and Sustainability Committee (2018‑2021) and the Compensation Committee (2021‑present), while McCarthy has been a director since 2018, chairing the Finance Committee (2019‑2023) and the Audit Committee (2023‑present).
The departure of these two senior directors reduces Micron’s board from ten to eight members and removes two individuals who have led critical oversight functions. Their exit may prompt a reshuffling of committee leadership and could influence the board’s approach to risk management, executive compensation, and long‑term strategy, all of which are central to corporate governance and investor confidence.
Micron has indicated that the remaining directors—Lynn Dugle, Steven J. Gomo, Linnie M. Haynesworth, T. Mark Liu, Sanjay Mehrotra, A. Chrstine Simons, Robert H. Swan and MaryAnn Wright—will be nominated for reelection. The board’s composition will therefore be determined at the shareholders meeting, potentially bringing new perspectives and expertise that could shape Micron’s future direction in the competitive memory and storage market.
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