Analog Devices Names Richard Puccio Jr. Chief Financial Officer
By Colin Kellaher
Analog Devices has named Richard Puccio Jr. executive vice president and chief financial officer of the chip maker, effective Feb. 5.
Analog Devices on Thursday said Puccio, 56 years old, joins from Amazon.com, where he served as chief financial officer of the online retail giant's Amazon Web Services cloud-computing division.
The Wilmington, Mass., company said Puccio will receive an annual base salary $670,000 and a hiring bonus of $500,000, and that he will be eligible for an annual cash bonus with a target of 125% of his base pay.
James Mollica, vice president of finance, global customer office, has been serving as interim chief financial officer since the departure of Prashanth Mahendra-Rajah in October.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 25, 2024 07:44 ET (12:44 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Apple Earnings: iPhone Growth Forecasts Drive Change in Fair Value
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits
-
Novo Nordisk Earnings: Raised Fair Value Estimate Still a Contrast to Market Overenthusiasm
-
After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
How to Invest Like Warren Buffett
-
Cognizant Earnings: Improved Profitability Buttresses Results as Customer Spending Remains Muted