Micron names Qorvo veteran Mark Murphy its next CFO

Micron Technology Inc. [MU] has tapped Qorvo Inc.'s chief financial officer to serve in the same role at Micron, the chip company announced Tuesday. Qorvo CFO Mark Murphy will join Micron on April 18. "Mark is a seasoned executive with extensive public-company CFO experience, and proven large-scale manufacturing expertise," Micron Chief Executive Sanjay Mehrotra said in a release. "He has a strong track record of driving financial performance at multiple well-established companies in the semiconductor industry." The appointment comes after Micron's prior CFO, David Zinsner, left for Intel Corp. in January; Micron's chief business officer, Sumit Sadana, had been serving in the CFO role in the interim, and he will return to his original post. Qorvo said that it has launched a "comprehensive" search for its next CFO, and that Vice President of Treasury Grant Brown will take on the position in an interim capacity.

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