Micron names Qorvo’s finance chief as new CFO

(Reuters) – Memory chipmaker Micron Technology Inc on Tuesday named chip firm Qorvo Inc’s finance chief Mark Murphy as its new chief financial officer.

Micron lost its former CFO David Zinsner to chipmaker Intel Corp in January.

Murphy will take the reins from interim finance chief Sumit Sadana, who will return to the role of chief business officer, the company said.

Murphy has also been named as Micron’s executive vice president.

Qorvo, a supplier for Apple Inc, said it has started the search for a new CFO and named vice president of treasury Grant Brown as the interim finance head.

(Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta)