Summary
This 8-K filing from Analog Devices, Inc. (ADI) announces the planned retirement of two long-standing members of its Board of Directors, Tunç Doluca and Bruce Evans. Both directors have informed the Board of their intention to retire and not seek re-election at the upcoming 2023 Annual Meeting of Shareholders scheduled for March 8, 2023. Importantly, their decisions to retire are not a result of any disagreements concerning the Company's operations, policies, or practices, which suggests a smooth transition and continued confidence in the company's direction.
Key Highlights
- 1Two directors, Tunç Doluca and Bruce Evans, will retire from the Board of Directors.
- 2They will not stand for re-election at the 2023 Annual Meeting of Shareholders.
- 3The 2023 Annual Meeting is scheduled for March 8, 2023.
- 4Both directors will continue to serve until the 2023 Annual Meeting.
- 5The retirements are amicable and not due to any disagreements with the Company.
- 6Bruce Evans is a member of the Audit Committee and the Corporate Development Committee.