Friday, February 3, 2012

UPDATED: CEO Steve Appleton Dead in Plane Crash

Posted By on Fri, Feb 3, 2012 at 12:07 PM

UPDATE 2:15 p.m.

[ Video is no longer available. ]

According to a spokeswoman with the National Transportation Safety Board, Steve Appleton, piloted his Lanceair, single engine aircraft on two flights this morning - one lasting less than a minute before returning to a hangar, and a second, minutes later which was fatal.

According to the NTSB, Appleton took off from the Boise Airport in his aircraft at 8:46 a.m., became airborne for only 5 to 10 feet, landed again and taxied back to a hangar.

The NTSB confirmed that Appleton taxied his aircraft again at 8:54 a.m.. By 8:56 a.m., the aircraft had reached 100-200 feet, but then Appleton requested to return to the airport. That was the last recorded communication, before the aircraft crashed between two of the Boise Airport's runways.


[ Video is no longer available. ]

UPDATE 1:40 p.m.

Official reaction to today's death of Steve Appleton has begun to come in from the halls of Congress, Boise City Hall and the campus of Boise State, which houses the Appleton Tennis Complex and the under-construction Micron Business and Economics Building, which is slated to open later this year.

Boise State President Bob Kustra called Appleton, "one of Boise's State's own."

"A former Bronco tennis player who never forgot his alma mater," remembered Kustra. "Steve graduated in businss and went on to lead one of the nation's premier companies and enrich in so many ways the community he called home."

Boise Mayor Dave Bieter remembered Appleton as "a philanthropist and a great friend to Boise."

"He will be remembered as a major force in Idaho history - a man who transformed our state's economy by redefining what is possible for Idaho business."

U.S. Sen. Jim Risch called Appleton a good friend whose passing "has shocked and saddened our entire family."

"Recently we worked together closely on patent reform legislation," said Risch. "We also talked often about his love of flying and what was new in that part of his life."

Bill Connors, President and CEO of the Boise Metro Chamber of Commerce said Appleton "played a major role" in community organizations.

"He was an example to all of us what great corporate citizens can do to transform their companies, and their communities," said Connors. "The entire business community has lost a great leader, visionary and friend."

ORIGINAL STORY 12:00 p.m.

Steve Appleton, the chairman and CEO of Micron Technology, was killed this morning in a small plane crash at the Boise Airport. He was 51.

The airport confirmed that a small Lanceair experimental aircraft crashed around 9 a.m., coming down between two runways. The Lanceair is a single-engine prop plane. Appleton was the only person on board.

Emergency crews confirmed that they had received a report of a fire aboard the aircraft before it crashed.

In July 2004, Appleton crashed another plane south of Boise. At the time, he was piloting an Extra 300L stunt plane. He walked away from the wreck after the plane stalled and crashed south of the Idaho State Correctional Institution. He and a passenger, a member of a Micron film crew, were treated and released from Saint Alphonsus Hospital. At the time, Appleton suffered head and neck injuries.

Appleton was scheduled to host an analyst conference next Friday, Feb. 10, to provide Micron’s strategy for the future.

Micron, one of the largest employers in Idaho, is one of the world’s leading providers of advanced semiconductor solutions. Micron manufactures and markets DRAM, NAND and NOR flash memory for the consumer and commercial marketplace.

Appleton is survived by his wife, Dalynn, and his children.

UPDATE 12:59 p.m.

UPDATE 1:17 p.m.

Microns stock performance today.
  • Source: Yahoo Finance
  • Micron's stock performance today.

Microns stock performance over the last five years.

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