Prashanth Mahendra-Rajah to Join Analog Devices as Senior Vice President, Finance and Chief Financial Officer
16 August 2017 - 10:01PM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI) today announced that
Prashanth Mahendra-Rajah will join the Company on September 28,
2017 as Senior Vice President, Finance and Chief Financial Officer.
Reporting to CEO Vincent Roche, Mr. Mahendra-Rajah will oversee
ADI’s global finance organization, with responsibility for
financial management, reporting, controls, planning, and strategy.
Mr. Mahendra-Rajah currently serves as Chief Financial Officer of
WABCO Holdings Inc., a $3B global supplier of commercial vehicle
technologies, a position he has held since June 2014. Prior to his
appointment at WABCO, he served as Corporate Vice President and
Segment CFO for the Silicon Systems Group, a $6B division of
Applied Materials, Inc. Previously, Mr. Mahendra-Rajah held global
finance and operational positions at Visa and United Technologies.
He holds a B.S. in Chemical Engineering from the University of
Michigan, a M.S. in Engineering from Johns Hopkins University, and
an M.B.A. from Purdue University, Krannert School of
Management.
Eileen Wynne will continue serving as Analog Devices’ interim
Chief Financial Officer and Vice President and Chief Accounting
Officer until Mr. Mahendra-Rajah’s first date of employment, after
which she will continue to serve as the Company’s Vice President
and Chief Accounting Officer.
“We are very excited that Prashanth is joining our team,” said
Vincent Roche, President and CEO of Analog Devices. “His proven
ability to facilitate profitable business growth through smart
financial strategy and disciplined financial operations maps well
to both ADI’s culture and business priorities. I am confident
Prashanth will have a rapid and positive impact on ADI's
performance and results and be a critical partner in the ongoing
development of our operational and product strategies.”
Mr. Roche continued, “I want to thank Eileen Wynne for her
financial leadership and commitment to our organization during our
search for a new CFO. I look forward to her continued counsel and
support.”
About Analog DevicesAnalog Devices (NASDAQ: ADI) is the
leading global high-performance analog technology company dedicated
to solving the toughest engineering challenges. We enable our
customers to interpret the world around us by intelligently
bridging the physical and digital with unmatched technologies that
sense, measure, power, connect and interpret.
Visit http://www.analog.com.
This release contains forward-looking statements intended to
qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, among other things, our
statements regarding the expected benefits and timing of the
joining of the Company’s new Chief Financial Officer. The
statements contained in this release are not guarantees of future
performance, are inherently uncertain, involve certain risks,
uncertainties, and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed in such forward-looking statements, and such
statements should not be relied upon as representing Analog
Devices' expectations or beliefs as of any date subsequent to
the date of this press release. Important factors that could cause
actual results to differ materially from the results described,
implied or projected in any forward-looking statements include any
faltering in global economic conditions or the stability of credit
and financial markets, erosion of consumer confidence and declines
in customer spending, unavailability of raw materials, services,
supplies or manufacturing capacity, changes in geographic, product
or customer mix, higher than expected or unexpected costs
associated with or relating to the acquisition of Linear Technology
and the integration of the businesses; the risk that expected
benefits, synergies and growth prospects of the acquisition may not
be fully achieved in a timely manner, or at all; the risk that
Linear Technology’s business may not be successfully integrated
with Analog Devices’; the risk that we will be unable to retain and
hire key personnel; the risk that disruption resulting from the
acquisition may adversely affect our business and relationships
with our customers, suppliers or employees; and other risk factors
described in our most recent filings with the Securities and
Exchange Commission. We do not undertake any obligation to update
forward-looking statements made by us.
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version on businesswire.com: http://www.businesswire.com/news/home/20170816005984/en/
Analog Devices, Inc.Karen Marinella Hall, 781-461-3549Manager,
External CommunicationsKaren.MarinellaHall@analog.comorAli Husain,
781-461-3282Treasurer & Director of Investor
Relationsinvestor.relations@analog.comorFleishmanHillardAmy
Thompson, 617-692-0508amy.thompson@fleishman.com
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