SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 9, 1998
MICRON ELECTRONICS, INC.
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(Exact name of registrant as Specified in Its Charter)
Minnesota
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(State or other jurisdiction of incorporation)
0-17932 41-1404301
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(Commission File No) (IRS Employer Identification Number)
900 E. Karcher Road
Nampa, Idaho 83687
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(Address of principal executive offices)
(208) 898-3434
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
See the following press release, dated December 9, 1998,
announcing retirement of Chief Financial Officer:
Micron Electronics Chief Financial Officer Retires
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Nampa, Idaho - December 9, 1998 Micron Electronics, Inc.
(NASDAQ: MUEI), the third largest direct provider of leading-
edge computer systems, announced today that T. Erik Oaas,
executive vice president of finance and chief financial
officer, will retire from the company effective immediately.
Mr. Oaas is also resigning his position on the Board of
Directors, where he has served since April of 1995.
Brad Grover, Micron's Corporate Controller and Director of
Finance, will have temporary responsibility for the finance
department while the company completes an executive search
for the position. Grover will report directly to Joel
Kocher, Micron's Chairman and Chief Executive Officer.
"On behalf of the employees of Micron Electronics, as well
as the Board of Directors, I would like to express our
appreciation to Erik for his willingness to see Micron
through our turnaround period," said Kocher. "I would also
like to recognize Erik's fourteen years of outstanding
service to the Micron family of companies. We wish him the
very best in retirement."
T. Erik Oaas was appointed as Micron Electronics Vice
President and Chief Financial Officer in 1995. He was
appointed Executive Vice President Finance and Chief
Financial Officer in January 1997. Oaas also served as the
Administration Manager of Micron Technology's Memory
Applications Group from July 1988 to April 1992, and as the
Administration Manager of Micron Custom Manufacturing
Services from April 1992 until July 1992, when he was named
Vice President, Finance and Treasurer, and a director of
Micron Custom Manufacturing Services.
About Micron Electronics
At Micron Electronics, employees build more than powerful
computing systems. They build powerful users. Ranked No. 3
among direct manufacturers of computing solutions and
recognized for providing leading-edge products and industry
leading support, Micron Electronics customizes each desktop
PC, notebook, server and service to meet the evolving
technology demands of consumers and small business,
commercial and public sector buyers. SpecTek, a division of
Micron Electronics, Inc., processes and markets various
grades of DRAM products under the SpecTekr brand name.
Micron Electronics, Inc., common stock trades on the NASDAQ
Stock Market under the symbol MUEI. The Company is majority
owned by Micron Technology, Inc. Learn more about Micron
Electronics at www.micronpc.com or 1-800-209-9686.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
MICRON ELECTRONICS, INC.
Date: December 14, 1998 By /s/ Steven P. Arnold
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Steven P. Arnold
Vice President and General Counsel
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