Jerald G. Fishman
PER
Jerald G. Fishman Fishman
Jerald G. Fishman, the chief executive, had backed up his truck to corporate headquarters late last year and loaded up the $144.7 million that he was owed in deferred compensation, those who bothered to read the company's proxy, filed on Feb. 2, saw in glorious black and white. In keeping with a practice that is widespread in corporate America and that the Securities and Exchange Commission hopes to change soon is the company had previously not disclosed the amount of Mr. Fishman's deferred-compensation balance as it grew each year. Under the proposed deal, Mr. Fishman agreed to pay $1 million and make an unspecified disgorgement payment. Jerald G. Fishman, the chief executive, had backed up his truck to corporate headquarters late last year and loaded up the $144.7 million that he was owed in deferred compensation. Under the proposed deal, Mr. Fishman would pay $1 million and make an unspecified disgorgement payment. In calculating Mr. Fishman's total pay, Analog Devices' compensation committee said it took into account his strong leadership in guiding A.D.I. through the downturn in the semiconductor industry, his position as a leading executive in the semiconductor industry, and A.D.I.'s performance over the past fiscal year relative to its peer companies. As for linking pay to performance, the committee said Mr. Fishman's bonus was calculated based on the company's operating profit before tax as a percentage of its revenue.