ADI and Nanotec Announce New Appointments

Analog Devices (ADI) has announced that Richard Puccio will join the company as its new Chief Financial Officer (CFO) starting from 05 February. Puccio will also hold the position of Executive Vice President and report directly to CEO and Chairman Vincent Roche.

"We welcome Rich's business acumen to enable ADI to accelerate the effectiveness of our operations," said Roche. "I would also like to thank Jim Mollica for his partnership and contribution as interim CFO, and I look forward to Jim's continued leadership in ADI's finance organization."

Puccio brings with him a wealth of experience, having previously worked at Amazon Web Services (AWS) and spent 28 years at PricewaterhouseCoopers, where he served as a partner for over two decades. His expertise lies in working with clients in the technology, semiconductor, and semiconductor capital equipment industries.

Nanotec Expands Leadership Team

Munich-based motor and drive specialist Nanotec has recently made changes to its leadership team. CEO Stephan Huber and CTO Christian Hainzlmaier will now lead the company alongside CFO Elke Zec and Durmus Özcan, who has been appointed as the Chief Sales Officer.

The company's founder, Benno Wimmer, has stepped down from his operational role. Nanotec stated that Zec has been serving as the business controller since 2015 and was promoted to commercial manager in 2020. Özcan, on the other hand, has been responsible for sales and marketing in the company's subsidiaries across Europe, Asia, and the US since 2021.

Established in 1991, Nanotec claims to be the first to introduce a plug-and-drive motor with an integrated controller back in 1996.