Vincent Roche to Succeed Ray Stata as Chair of Analog Devices in 2022
January 19 2022 - 8:30AM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI) today announced that its
Board of Directors has appointed President and CEO Vincent Roche as
Chair of the Board, effective as of the date of ADI’s 2022 Annual
Meeting of Shareholders. Roche will succeed Ray Stata, who has
served as Chair of the Board since 1973 and will become only the
second Chair in ADI’s history. Stata will stand for reelection as a
director at ADI’s 2022 Annual Meeting of Shareholders.
“Vince has shown remarkable leadership of ADI as our President
and CEO. We are certain that this appointment strengthens his
ability to continue his leadership of ADI, as the Company continues
to develop even more complete, high-performance solutions for our
customers,” Stata said. “Since its inception in 1965, ADI has
remained at the forefront of breakthrough innovation and
technological advancements, and I am confident that the Company
will continue on this trajectory with Vince as our Chair.”
“ADI has grown exponentially over the five decades that Ray has
served as Chair, and I am honored to be appointed as his
successor,” said Roche. “I personally thank him for his many years
of service as our Chair and his significant contributions to ADI’s
considerable success. I look forward to Ray’s continued involvement
in ADI as a member of the Board.”
In 1965, Stata co-founded ADI with his Massachusetts Institute
of Technology (MIT) fellow graduate, Matthew Lorber. Stata served
as President of ADI from 1971 to 1991 and as CEO of the Company
from 1973 to 1996. For Stata’s complete biography, the biographies
of other members of ADI’s Board of Directors, as well as other
corporate governance information, visit
https://investor.analog.com/.
About Analog Devices Analog Devices, Inc. (Nasdaq: ADI)
operates at the center of the modern digital economy, converting
real-world phenomena into actionable insight with its comprehensive
suite of analog and mixed signal, power management, radio frequency
(RF), and digital and sensor technologies. ADI serves 125,000
customers worldwide with more than 75,000 products in the
industrial, communications, automotive, and consumer markets. ADI
is headquartered in Wilmington, MA. Visit
http://www.analog.com.
(ADI-WEB)
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Brittany Stone 917-935-1456 Brittany.Stone@teneo.com
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