Micron CEO Dies in Plane Crash
NEW YORK (TheStreet) -- Micron Technology (MU) CEO Steve Appleton died in a plane crash at the Boise, Idaho, airport on Friday morning, the company said.
Appleton, a professional stunt plane pilot and former motocross racer, was the only person in the plane when it crashed at the Boise airport.
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| Micron Technology CEO Steve Appleton dies |
Ada County dispatch received reports of a small plane that was on fire before it landed. Airport spokeswoman Patti Miller said the airplane is a fixed-wing, single-engine Lancair.
The company's stock has been halted until the company provides further information.
Appleton joined Micron, based in Boise, in 1983. He was appointed to CEO in June 2007. Micron COO Mark Duran announced late last month that he would be stepping down in August, raising questions about the company's leadership going forward. Shares of Micron have jumped 27% year-to-date to around $7.95. -- Written by Olivia Oran in New York. The Associated Press contributed to this report. >To follow the writer on Twitter, go to http://twitter.com/Ozoran. >To submit a news tip, send an email to: tips@thestreet.com.Select the service that is right for you!
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