Micron announced that the company has appointed David Zinsner as senior vice president and chief financial officer.
“Dave brings a great combination of financial expertise and executive experience to Micron and has a strong track record of achieving outstanding results,” said Sanjay Mehrotra, president and CEO of Micron. “We look forward to his leadership in driving our financial strategy and delivering significant value to our shareholders.”
Zinsner succeeds Ernie Maddock, who is retiring from Micron but will remain with the company as an advisor through early June 2018 to ensure a smooth transition. Zinsner will report directly to Sanjay Mehrotra, president and CEO.
David Zinsner’s background
- David Zinsner has over 20 years of financial and operations experience in the semiconductor and technology industry.
- He most recently served as president and chief operating officer at Affirmed Networks. Prior to that, he was senior vice president of finance and chief financial officer at Analog Devices and, before that, senior vice president and chief financial officer at Intersil Corp, both public companies.
- He has twice been the recipient of Institutional Investor Best CFOs recognition.
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Q. What is Micron announcing today?
A. Micron has appointed David Zinsner as the company’s senior vice president and chief financial officer. Zinsner will succeed Ernie Maddock, who is retiring from Micron.
Q. When is this change effective?
A. Feb. 19, 2018.
Q. Why is David Zinsner the right choice for Micron’s CFO? What strengths does he bring to Micron?
A. David Zinsner is the right choice for Micron’s CFO because, among other things, he is a strong executive leader, has significant experience in the semiconductor industry, has served as CFO at companies with fab, assembly and test operations, has experience with high-value product lines, and has a demonstrated track record of generating shareholder value.
Q. Why is Ernie Maddock leaving Micron now when the company is doing so well?
A. Ernie Maddock has made significant contributions to Micron during his tenure and has helped position the company for continued strong growth. He has decided that it is a good time to retire but has agreed to stay as an advisor until early June 2018 to ensure a seamless and effective transition.