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Micron CEO Dies in Plane Wreck

Micron named Mark Durcan CEO Saturday

The last American DRAM maker Micron Technology named Mark Durcan CEO Saturday after long-time incumbent Steven Appleton, 51, was killed Friday morning when the small single-engine Lancair plane he was flying - one of those build-it-yourself kit things - crashed near company headquarters in Boise, Idaho.

It was his second takeoff - the first only getting a five or 10 feet off the ground - and was up only a few minutes before requesting permission to land again indicating there was a problem.

Durcan, 50, who was due to retire at the end of summer, was the company's president and COO. He now intends to stay.

Robert Switz, a director since '06 and former CEO of ADC Telecommunications, succeeds Appleton as chairman, and Mark Adams, the company's sales chief, replaces Durcan as president.

Appleton, a daredevil, was a skydiving triathlete who flew stunt planes, raced motorcycles, drove fast cars and went skydiving and kite-boarding. He crashed once before because he flew to close to the ground doing stunts. He started at Micron at 22 working the graveyard shift in the factory.

According to Bloomberg a study done last year found that a CEO with a pilot's license is more prone to take risks in business and companies led by pilot CEOs were 40% more likely to make an acquisition in any given year than other companies. Oracle CEO Larry Ellison, Google chairman Eric Schmidt and Zynga CEO Mark Pincus fly.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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