Business Context and Reporting Period
This Form 8-K Current Report was filed by Analog Devices, Inc. on May 8, 2013, covering events occurring on May 6, 2013. The filing addresses corporate governance changes specifically regarding the appointment of a new Chief Accounting Officer.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The primary material change reported is the appointment of Eileen Wynne as Vice President, Corporate Controller, and Chief Accounting Officer, effective May 6, 2013. Ms. Wynne succeeds Seamus Brennan, who announced his retirement in April 2012. Mr. Brennan will remain with the company on a part-time basis through January 5, 2014, to facilitate a transition.
Management Commentary and Risks
Ms. Wynne has been with Analog Devices since 1999, serving as Corporate Controller since 2011. She is a licensed Certified Public Accountant. The company notes there are no reportable family relationships or related person transactions involving Ms. Wynne. In connection with her appointment, she has entered into standard Employment Retention and Indemnification Agreements for executive officers. No specific risks, contingencies, or unusual items were disclosed in this report.
Investor Verification Checklist
- Verify the effective date of Eileen Wynne's appointment as Chief Accounting Officer (May 6, 2013).
- Confirm the transition timeline for outgoing officer Seamus Brennan (part-time through January 5, 2014).
- Review the attached Press Release (Exhibit 99.1) for additional details on the leadership change.
- Note that this filing contains no financial results; refer to the most recent 10-Q or 10-K for financial metrics.