Analog Devices Elects New Directors, Updates Executive Compensation
Ticker: ADI · Form: 8-K · Filed: Oct 10, 2024 · CIK: 6281
| Field | Detail |
|---|---|
| Company | Analog Devices Inc (ADI) |
| Form Type | 8-K |
| Filed Date | Oct 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.16 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: ADI
TL;DR
ADI adds new board members and signs new exec deal. Board shakeup!
AI Summary
Analog Devices, Inc. announced on October 9, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Ms. Michelle J. Wilson and Mr. David P. Zinsner, to its board. Additionally, the company entered into a new employment agreement with Mr. Prasanth Rao, its Senior Vice President, effective October 9, 2024.
Why It Matters
Changes in board composition and executive employment agreements can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive appointments, with no immediate financial distress or significant negative events indicated.
Key Players & Entities
- Analog Devices, Inc. (company) — Registrant
- Michelle J. Wilson (person) — Newly elected director
- David P. Zinsner (person) — Newly elected director
- Prasanth Rao (person) — Senior Vice President
- October 9, 2024 (date) — Effective date of board changes and new employment agreement
FAQ
Who were the new directors elected to the Analog Devices board?
Ms. Michelle J. Wilson and Mr. David P. Zinsner were elected as new directors to the Analog Devices board.
When did the changes in board composition and executive agreements take effect?
The changes reported in this 8-K filing took effect on October 9, 2024.
What is the role of Prasanth Rao at Analog Devices?
Prasanth Rao is the Senior Vice President at Analog Devices.
What type of filing is this for Analog Devices?
This is a Form 8-K, a current report filed by Analog Devices, Inc.
What is the principal executive office address for Analog Devices?
The principal executive offices are located at One Analog Way, Wilmington, MA 01887.
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-10-10 08:00:29
Key Financial Figures
- $0.16 — ange on which registered Common Stock $0.16 2/3 par value per share ADI Nasdaq
Filing Documents
- d853290d8k.htm (8-K) — 25KB
- 0001193125-24-235621.txt ( ) — 140KB
- adi-20241009.xsd (EX-101.SCH) — 3KB
- adi-20241009_lab.xml (EX-101.LAB) — 17KB
- adi-20241009_pre.xml (EX-101.PRE) — 11KB
- d853290d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (formatted as Inline XBRL). SIGNATURE 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. Date: October 10, 2024 ANALOG DEVICES, INC. . By: /s/ Janene I. Asgeirsson Janene I. Asgeirsson Senior Vice President, Chief Legal Officer and Corporate Secretary