Analog Devices Announces Jerry Fishman to Remain as CEO; Vincent Roche Appointed President
20 Settembre 2012 - 10:05PM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI) a global leader in
high-performance semiconductors for signal processing applications,
today announced that Jerry Fishman will remain as Chief Executive
Officer following the expiration of his current contract on October
28, 2012.
“I am more excited than ever about the opportunities available
for ADI as our technology becomes critical to so many applications
and customers around the world,” said Mr. Fishman. “I am
appreciative that our Board of Directors continues to place their
trust in me and I look forward to continuing to lead our Company
and its extraordinarily talented people.”
ADI also announced the promotion of Vincent Roche to President
of ADI, reporting to Mr. Fishman. As President, Mr. Roche will be
responsible for ADI’s product development, sales and marketing, and
new business development organizations. Mr. Roche’s promotion will
be effective November 5, 2012, which is the beginning of the
Company’s next fiscal year.
“Vince is ideally suited to this role, with a very long and
distinguished career at ADI,” said Mr. Fishman. “Throughout his
career at ADI, Vince has demonstrated a highly insightful
understanding of our business and is well respected for his
knowledge and judgment, and for the relationships he has built with
our customers around the world.
“Over the past several years, we have made great progress
focusing on the products and markets where we can best leverage our
world-class technology, while substantially increasing the
profitability of the Company,” Mr. Fishman continued. “The next
chapter in ADI’s progression is to deepen our understanding of our
customers’ future signal processing needs and link those needs
closely with our product development. By combining engineering,
sales, and marketing under Vince, we can gain further
advantage.”
“I am delighted to assume this additional responsibility,” said
Mr. Roche. “I am very confident that we have the product and
technology capabilities and the customer relationships in place to
build on our prior successes. I look forward to helping take ADI to
the next level of performance.”
In addition, ADI announced new roles for long-term executives
Robbie McAdam and Dick Meaney. Mr. McAdam has been appointed
Executive Vice President and will replace Mr. Roche as head of
ADI’s Strategic Market Segments organization, which provides
systems-level applications expertise and solutions for ADI’s key
markets. Mr. Meaney will lead the Core Products and Technologies
Group, which is responsible for all of ADI’s product development
programs. Mr. McAdam and Mr. Meaney will report to Mr. Roche in
their new roles.
For more information visit investor.analog.com.
About Analog Devices
Innovation, performance, and excellence are the cultural pillars
on which Analog Devices has built one of the longest standing,
highest growth companies within the technology sector. Acknowledged
industry-wide as the world leader in data conversion and signal
conditioning technology, Analog Devices serves over 60,000
customers, representing virtually all types of electronic
equipment. Analog Devices is headquartered in Norwood,
Massachusetts, with design and manufacturing facilities throughout
the world. Analog Devices is included in the S&P 500 Index.
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