secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000006281-24-000019
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Analog Devices appoints Richard Puccio as EVP & CFO, effective Feb 5, 2024
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- Richard C. Puccio Jr., former AWS CFO and 29-year PwC partner, named EVP & CFO effective Feb 5, 2024.
- Base salary of $670K, target cash bonus 125% of base, and one-time hiring bonus of $500K.
- Receives $10M RSU grant (3-year cliff vest) and $5.5M FY2024 annual equity award.
- James Mollica continues as interim CFO until Puccio's start date.
- Puccio will set financial strategy and lead global finance, reporting to CEO Vincent Roche.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000000628124000019/0000006281-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000000628124000019/adi-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000006281-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer