Summary
Analog Devices, Inc. (ADI) filed an 8-K report on January 4, 2008, primarily to announce a change in its Board of Directors. Ms. Christine King, the President and CEO of AMIS Holdings, Inc., will not be standing for re-election as a Class III Director at ADI's upcoming 2008 Annual Meeting of Shareholders. This decision is a direct consequence of the planned acquisition of AMIS Holdings by ON Semiconductor Corporation. Ms. King will officially step down from her director role on March 11, 2008, the date of the annual meeting.
Key Highlights
- 1Christine King, President and CEO of AMIS Holdings, Inc., will not seek re-election as a Class III Director at Analog Devices' (ADI) 2008 Annual Meeting.
- 2Ms. King's decision is directly linked to the planned acquisition of AMIS Holdings by ON Semiconductor Corporation.
- 3Ms. King will officially conclude her service as a Class III Director on March 11, 2008.
- 4This filing relates to a director's departure and is not indicative of any operational or financial changes within ADI itself.
- 5The event date reported is January 2, 2008, with the filing date being January 3, 2008.