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Stock impact report

Intel considers outsiders for CEO, including Marvell's head [Fortune]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: Fortune
Technology Inc. head Matt Murphy and former Cadence Design Systems Inc. CEO Lip-Bu Tan, according to people familar with the situation. The company has enlisted executive search firm Spencer Stuart to help find a new chief and is evaluating candidates, said the people, who asked not to be identified because the deliberations are private. That includes looking well beyond Intel's walls for talent — a break with tradition. Related Video This week's sudden ouster of CEO Pat Gelsinger set off an urgent search for new leadership at a time when the chipmaker's fortunes are shaky and its bench has been depleted by years of management turnover. Gelsinger took the reins just three years ago, and since then has focused on a complex, expensive effort to turn the struggling company around. That didn't give him time to resurrect one of Intel's other legacies — an executive training program that once supplied leaders for the rest of the industry. For now, Chief Financial Officer David Zinsn Show less Read more
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