Breaking News
More () »

Micron names new executive vice president, chief financial officer

Mark Murphy has 25 years of leadership experience in the tech industry, most recently as CFO at wireless technology company Qorvo.

BOISE, Idaho — Boise-based technology and computer memory company Micron announced Tuesday that Mark Murphy will take over as executive vice president and chief financial officer.

Murphy, who will oversee Micron's financial strategy, will step into the new role April 18. 

"Mark is a seasoned executive with extensive public company CFO experience, and proven large-scale manufacturing expertise. He has a strong track record of driving financial performance at multiple well-established companies in the semiconductor industry," said Micron President and CEO Sanjay Mehrotra. "I look forward to Mark's contributions to our leadership team as we embark on our next chapter of growth driven by demand for memory and storage solutions across the data center, the intelligent edge and a growing range of innovative devices."

Murphy has 25 years of leadership experience in the tech industry, most recently as at wireless technology company Qorvo, where he has served as CFO since 2016. At Micron, he will oversee finances and capital allocations, tax, treasury, internal audit and investor relations

"Memory and storage are essential to global economic growth. Micron's leading technology across memory and storage uniquely position the company for success into the next decade," said Murphy. "I'm excited to leverage my experience to steer Micron's financial growth in the coming years. I look forward to working with Sanjay and the leadership team to fulfill the company's vision to transform how the world uses information to enrich life for all."

Sumit Sadana, who is serving as interim CFO, will return to his previous job as Micron's chief business officer.

"I want to extend my deepest thanks to Sumit for his leadership of our finance organization during our CFO search," Mehrotra said. "His dedication to leading both our business units and finance teams kept our business on a strong trajectory. I'm delighted to have him back full time in his chief business officer role." 

Watch more Local News:

See the latest news from around the Treasure Valley and the Gem State in our YouTube playlist:

Before You Leave, Check This Out