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This excerpt taken from the ADI DEF 14A filed Feb 3, 2010. Base
Salary
In November 2008, due to widespread economic uncertainty in the
United States, and to reduce our payroll expenses, management
froze employee salaries for 2009 at 2008 levels and postponed
annual salary increases which would normally take effect in
early 2009 until business conditions improve. Certain employees
may have received promotional raises in fiscal 2009 in
recognition of increased responsibilities, but none of our Named
Executive Officers received such an increase in fiscal 2009. For
fiscal 2010, management again froze employee salaries at
existing levels until business conditions improve.
This excerpt taken from the ADI DEF 14A filed Jun 18, 2009. Base
Salary
For fiscal 2008, the Compensation Committee determined the
amount of annual base salary that each executive received based
on the Committee’s evaluation of the following factors:
Table of Contents
The salaries for all of our Named Executive Officers in fiscal
2008 appear in the Summary Compensation Table that follows this
Compensation Discussion and Analysis. The Compensation Committee
maintained Mr. Fishman’s salary at the same level as
it has been since 2003 because the Committee decided that any
increase in Mr. Fishman’s compensation should be in
the form of performance-based compensation. During 2008, the
Compensation Committee increased the salaries of
Messrs. Marshall and McAdam by 4% and Mr. Roche by
7.8% in order to maintain their salaries within the range of
comparable salaries in the 2007 Peer Group survey. In December
2007, Mr. McDonough announced his intention to retire
during 2008, so the Compensation Committee did not change
Mr. McDonough’s salary rate in 2008.
Due to widespread economic uncertainty in the United States, and
to reduce our payroll expenses, management froze employee
salaries at 2008 levels and postponed annual salary increases
which would normally take effect in early 2009 until business
conditions improve. Certain employees may receive promotional
raises in fiscal 2009 in recognition of increased
responsibilities, but none of our Named Executive Officers has
received such an increase.
This excerpt taken from the ADI DEF 14A filed Feb 4, 2009. Base
Salary
For fiscal 2008, the Compensation Committee determined the
amount of annual base salary that each executive received based
on the Committee’s evaluation of the following factors:
The salaries for all of our Named Executive Officers in fiscal
2008 appear in the Summary Compensation Table that follows this
Compensation Discussion and Analysis. The Compensation Committee
maintained Mr. Fishman’s salary at the same level as
it has been since 2003 because the Committee decided that any
increase in Mr. Fishman’s compensation should be in
the form of performance-based compensation. During 2008, the
Compensation Committee increased the salaries of
Messrs. Marshall and McAdam by 4% and Mr. Roche by
7.8% in order to maintain their salaries within the range of
comparable salaries in the 2007 Peer Group survey. In December
2007, Mr. McDonough announced his intention to retire
during 2008, so the Compensation Committee did not change
Mr. McDonough’s salary rate in 2008.
Due to widespread economic uncertainty in the United States, and
to reduce our payroll expenses, management froze employee
salaries at 2008 levels and postponed annual salary increases
which would normally take effect in early 2009 until business
conditions improve. Certain employees may receive promotional
raises in fiscal 2009 in recognition of increased
responsibilities, but none of our Named Executive Officers has
received such an increase.
This excerpt taken from the ADI DEF 14A filed Feb 6, 2008. Base
Salary
Annual base salary levels are based on an evaluation of activity
for which an executive has responsibility, the impact of that
activity on our overall performance, the skills, experience and
performance of the executive, the potential for growth and
development of the executive, and a comparison of these elements
with similar elements for other executives within the Company.
The Compensation Committee also reviewed, for each executive,
the
50th percentile
salary range for individuals in comparable positions based on
the Peer Group survey prepared by PMP.
Table of Contents
The salaries for all of the Company’s Named Executive
Officers in 2007 are shown in the Summary Compensation Table
that follows this Compensation Discussion and Analysis. The
Committee maintained the salary of Mr. Fishman at the same
level as it had been since 2003 because the Committee determined
that his base salary was above the range of comparable salaries
at the
50th percentile
in the Peer Group and because the Committee believed it
appropriate to provide any increase in the form of
performance-based compensation. The salaries of
Messrs. McDonough, Marshall, McAdam and Roche were
increased in February 2007 by 5% to 6%, maintaining their
salaries within the range of comparable salaries at the
50th percentile
in the Peer Group survey.
This excerpt taken from the ADI DEF 14A filed Feb 7, 2007. Base
Salary
In setting the annual base salaries for our executives for
fiscal 2006, the Compensation Committee reviewed compensation
for comparable positions in a group of six peer companies
selected by the Compensation Committee in the semiconductor
industry. We also regularly compare our pay practices with other
leading companies through reviews of survey data and information
gleaned from the public disclosure filings of publicly traded
companies.
Annual base salary levels are based on an evaluation of the
performance of the operation or activity for which an executive
has responsibility, the impact of that operation or activity on
our overall performance, the skills and experience of the
executive, the potential for growth and development of the
executive, and a comparison of these elements with similar
elements for other executives both within and outside the
Company.
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