Analog Devices Appoints Alan Lee as Chief Technology Officer

Rhea-AI Summary

Analog Devices, Inc. (ADI) has appointed Alan Lee as the new Chief Technology Officer (CTO). In this role, he will focus on advancing next-generation technologies in the semiconductor industry.

Alan brings extensive experience from his previous role at AMD, where he led innovative projects in hardware, software, and artificial intelligence. He will collaborate with customers, universities, and research organizations to develop ecosystems for new technologies.

CEO Vincent Roche highlighted Alan's expertise as key to ADI's leadership in the Intelligent Edge. Alan replaces former CTO Dan Leibholz, who transitions to Senior Vice President of the Digital Business Unit.

Positive

• Appointment of a seasoned executive, Alan Lee, as CTO.
• Expertise in technology and commercial domains could drive innovation.
• Focus on next-generation technologies aligns with market demands.

Negative

• Possible concerns regarding continuity after the departure of former CTO Dan Leibholz.

WILMINGTON, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (Nasdaq: ADI) today announced the appointment of Alan Lee to the position of Chief Technology Officer (CTO). In this role, Alan will identify and work to advance the next-generation technologies that will disrupt and shape the semiconductor industry and its markets. He and his team will collaborate closely with ADI customers, universities, research organizations, and other strategic partners to incubate novel technologies and develop the ecosystems to support their market entry.

Analog Devices appoints Alan Lee as Chief Technology Officer (Photo: Business Wire)

“Alan is a seasoned technology executive who will help accelerate our leadership at the Intelligent Edge by working to expand our next-generation analog, mixed signal, power, software, and artificial intelligence capabilities,” said ADI CEO and Chair Vincent Roche. “Alan’s breadth and depth of expertise and experience across both the technology and commercial domains will support our goal of delivering significant market impact for our customers through cutting-edge innovation. I look forward to working with him to continue pioneering the future of the Intelligent Edge.”

Formerly with AMD, Alan served as its Head of Research and Advanced Development. While there, his teams developed novel hardware, software, artificial intelligence, and high-performance computing technologies and were responsible for many innovations and patents over the past decade. Prior to AMD, Alan was CEO of a privately held company creating technologies for high-frequency trading and quantitative financial analysis. Previously, he developed expertise in large-scale, multinational engineering and technology projects through his work at Intel and IBM.

“I am delighted to join ADI and continue its legacy of technology leadership at the boundary between the physical and digital domains,” said Alan. “ADI has long been synonymous with innovation, and I am looking forward to working with the company’s incredible technology talent to further extend ADI’s leadership in the years and decades to come.”

Alan is a well-known industry leader, currently chairing both the CTO Committee for the Semiconductor Industry Association (SIA) and the CTO Council for the Global Semiconductor Alliance (GSA). He has served on the Board of Directors for the Semiconductor Research Corporation and the Board of Trustees for the NSF Institute for Pure and Applied Mathematics.

Alan will report directly to ADI’s CEO and replaces ADI’s former CTO, Dan Leibholz, who now serves as ADI’s Senior Vice President, Digital Business Unit.

About Analog Devices, Inc.

Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY22 and approximately 25,000 people globally working alongside 125,000 global customers, ADI ensures today’s innovators stay Ahead of What’s Possible. Learn more at www.analog.com and on LinkedIn and Twitter.

All trademarks and registered trademarks are the property of their respective owners.

Forward Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which we operate and the beliefs and assumptions of our management. Words such as “anticipates,” “expects,” “intends,” “goals,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” “will,” “would,” “should,” “could,” “strives,” and variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, statements that refer to growth opportunities, innovations, developments, technology advancements, and expanding capabilities; our goals, programs, collaborations, strategic partnerships, business plans, product offerings, initiatives, and objectives; expected trends, including market and industry trends, and acceleration of those trends; expected impact of our business; and other characterizations of future events or circumstances are forward-looking statements. For additional information about factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to our filings with the Securities and Exchange Commission, including the risk factors contained in our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update any forward looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230424005792/en/

Ferda Millan

Analog Devices, Inc.

Ferda.Millan@analog.com

Source: Analog Devices, Inc.

FAQ

Who is the new CTO of Analog Devices?

Alan Lee has been appointed as the new Chief Technology Officer of Analog Devices.

What will Alan Lee focus on as CTO of ADI?

Alan Lee will focus on advancing next-generation technologies in the semiconductor industry.

What experience does Alan Lee bring to his new role at ADI?

Alan Lee previously led innovative projects at AMD and has extensive experience in hardware, software, and AI.

What impact might Alan Lee's appointment have on Analog Devices?

His appointment may accelerate innovation and strengthen ADI's position in the Intelligent Edge market.

Who did Alan Lee replace as CTO at ADI?

Alan Lee replaces Dan Leibholz, who is now Senior Vice President of the Digital Business Unit.