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ADI Analog Devices Inc

232.40
-2.16 (-0.92%)
25 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Analog Devices Inc NASDAQ:ADI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.16 -0.92% 232.40 232.27 232.90 238.32 232.20 236.33 4,543,306 05:00:01

Analog Devices' Finance Chief to Step Down

18/05/2023 9:45pm

Dow Jones News


Analog Devices (NASDAQ:ADI)
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By Will Feuer

 

Analog Devices said Chief Financial Officer Prashanth Mahendra-Rajah will step down at the end of the company's fiscal year to explore other opportunities.

The semiconductor maker said it has started searching for its next CFO. Mahendra-Rajah, who took over as CFO of the company in 2017, will stay with ADI through the end of the fiscal year to help with the transition.

"The time is right for me to begin transitioning to the next chapter in my career," Mahendra-Rajah said. "I will always follow ADI with pride as it continues to drive technological breakthroughs for the betterment of society."

The company backed its fiscal-year and current-quarter outlook, which was provided in February.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

May 18, 2023 16:30 ET (20:30 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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