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Analog Devices logoAnalog Devices ADI

Analog Devices said Dr. Anantha P. Chandrakasan and Mr. Kenton J. Sicchitano informed the board on January 16, 2024 that they had decided not to stand for re-election at the 2024 Annual Meeting scheduled for March 13, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Analog Devices said Dr. Anantha P. Chandrakasan and Mr. Kenton J. Sicchitano informed the board on January 16, 2024 that they had decided not to stand for re-election at the 2024 Annual Meeting scheduled for March 13, 2024.

  2. The company said the decisions by Dr. Chandrakasan and Mr. Sicchitano not to stand for re-election did not involve any disagreement on the company's operations, policies or practices.

  3. Analog Devices said Dr. Chandrakasan and Mr. Sicchitano will continue to serve as directors until the 2024 Annual Meeting. It said Dr. Chandrakasan serves on the Audit Committee and the Corporate Development Committee, and Mr. Sicchitano serves on the Nominating and Corporate Governance Committee.

  4. The company said the board appointed Stephen M. Jennings as Lead Independent Director on January 16, 2024, effective immediately.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

2 directors not to stand for re-election at 2024 annual shareholder meeting

Analog Devices said Dr. Anantha P. Chandrakasan and Mr. Kenton J. Sicchitano informed the board on January 16, 2024 that they had decided not to stand for re-election at the 2024 Annual Meeting scheduled for March 13, 2024.

Source · Based on the filing body and exhibits

No disagreement over operations cited in decision not to stand for re-election

The company said the decisions by Dr. Chandrakasan and Mr. Sicchitano not to stand for re-election did not involve any disagreement on the company's operations, policies or practices.

Source · Based on the filing body and exhibits

Two directors to remain on board until 2024 Annual Meeting

Analog Devices said Dr. Chandrakasan and Mr. Sicchitano will continue to serve as directors until the 2024 Annual Meeting. It said Dr. Chandrakasan serves on the Audit Committee and the Corporate Development Committee, and Mr. Sicchitano serves on the Nominating and Corporate Governance Committee.

Source · Based on the filing body and exhibits

Stephen M. Jennings named Lead Independent Director

The company said the board appointed Stephen M. Jennings as Lead Independent Director on January 16, 2024, effective immediately.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.