SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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)
January 13, 1998
MICRON ELECTRONICS, INC.
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(Exact name of registrant as specified in 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 East 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.
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See the following press release, dated January 13, 1998,
announcing certain changes in the officers of the Company:
MICRON ELECTRONICS APPOINTS PRESIDENT AND CHIEF OPERATING OFFICER
- --Former Dell president and Power Computing president, Joel Kocher, brings
unique and proven experience to fast growing computer manufacturer --
FOR IMMEDIATE RELEASE
January 13, 1998 - NAMPA, ID - Micron Electronics, Inc. (Nasdaq: MUEI), today
announced that its Board of Directors has appointed Joel Kocher, 41, as
president, chief operating officer and a member of the Board of Directors.
He will report to Joseph Daltoso, Micron Electronics Chairman and Chief
Executive Officer, and will be responsible for the company's worldwide
marketing, sales, manufacturing and finance. Mr. Kocher replaces
Gregory Stevenson, who has resigned from the company for personal reasons.
"Joel is an outstanding executive with in-depth and broad experience who has
built an excellent reputation in the industry," Daltoso said. "His strengths
in worldwide marketing and sales of computing solutions through the direct
channel and his expertise in developing the enterprise market fit very well
with our company's vision and needs. Joel has a proven track record
of growing sales through a keen focus on customer satisfaction and employee
motivation. We believe he will be invaluable in helping Micron Electronics
entrench itself as a premiere computing solutions provider to corporate
America, small businesses and consumers."
Mr. Kocher was most recently president and chief operating officer of Power
Computing, the first and largest manufacturer of Macintosh OS compatible
systems. Mr. Kocher oversaw worldwide sales, marketing and manufacturing
during his tenure between 1996 and 1997 before the company's core Mac OS
assets were acquired by Apple Computer in September of last year.
From 1987 to 1994, Mr. Kocher worked for Dell Computer, serving most recently
as the president of worldwide marketing, sales and service. He played a
key role in both architecting and managing Dells growth from $100 million in
sales in 1987 to more than $3.6 billion by late 1994.
"Micron Electronics has enjoyed great success in the market and established
itself as a multi-billion dollar company with enormous potential," said
Kocher. "I look forward to blending my talents with the existing team to
help Micron continue its rise to the next level within our industry."
"On behalf of the Board of Directors, I would also like to thank Greg Stevenson
for his many contributions and tireless dedication to Micron over the
past 13 years, and especially his hard work this year as president and
chief operating officer," Daltoso said. "We wish him well."
Micron Electronics, Inc., and its subsidiaries manufacture electronic products
and provide services for a wide range of computing and digital applications.
The Company develops, markets, manufactures and supports PC systems for
consumer, business, government and educational use. In addition, Micron Custom
Manufacturing Services, Inc., a subsidiary of Micron Electronics, Inc.,
provides custom contract manufacturing services to original equipment
manufacturers. SpecTek, a division of Micron Electronics, Inc., processes
and markets various grades of DRAM products under the SpecTek 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. Product information is available by calling 1-800-776-4518
or via the Company's home page on the Internet at http://www.micronpc.com.
-2-
<PAGE>
Signatures
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.
By: /s/ T. Erik Oaas
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T. Erik Oaas
Executive Vice President,
Finance and Chief Financial
Officer
Date: January 22, 1998
-3-
