Micron CEO Steve Appleton dies in plane crash

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Saturday 4th of February 2012 12:06:02 PM
Micron CEO Steve Appleton dies in plane crash

Micron CEO and chairman Steve Appleton died Friday morning in a small-plane crash in Boise.

Micron, a maker of semiconductors and flash memory, confirmed Appleton's death at age 51 in a press release that praised his "passion and energy."

Appleton was flying a Lancair fixed-wing single-engine plane that crashed at 8:58 a.m. local time at Boise Airport, a spokeswoman for the airport told CNN's John Fricke. She could not confirm whether the accident took place at takeoff, landing or during flight.

Shares of Micron (MU, Fortune 500), which trade on the Nasdaq, were halted on the news.

Appleton survived a previous crash in July 2004, when the stunt plane he was flying went down over an Idaho desert.

Appleton joined Micron in 1983 and held several positions at the Boise-based company. He was named president and chief operating officer in 1991, and he became chairman, CEO and president in 1994. In 2007, he shed the president portion of his title.

Appleton was known for his love of planes and for his athleticism. He held a tennis scholarship at Boise State while working towards his business administration degree. After that, he played pro-tennis on the satellite circuit for six months before diving into his career... Source/Origin >> Read More

   
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