Analog Devices, Inc. (ADI, Financial) has announced a significant change in its executive leadership team. On October 9, 2024, Anelise Sacks, the company's Executive Vice President and Chief Customer Officer, notified the company of her decision to resign from her position. Her resignation will be effective as of March 31, 2025, or potentially earlier if a new Chief Customer Officer is appointed before that date.
Ms. Sacks has decided to explore other opportunities, and her departure is not due to any disagreement with Analog Devices or its board of directors regarding the company's operations, policies, practices, or financial performance. During the transition period, if a successor is appointed before her departure date, Ms. Sacks will continue to be employed by the company to ensure a smooth transition of her responsibilities.
This leadership change comes as Analog Devices continues to focus on its strategic goals and customer engagement initiatives. The company is expected to announce a new Chief Customer Officer in due course, who will lead the customer-focused strategies moving forward.
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