Steve Jennings
Lead Independent Director and Chair of the Governance Committee, Analog Devices, Inc.
Steve Jennings is an accomplished strategy expert, operating executive, and corporate board member with over 30 years of experience advising Global Fortune 500 c-suite executives and Boards of Directors. Steve is recognized for his expertise in helping companies across a diverse set of industries address their most challenging issues including corporate strategy, M&A, organizational transformation, business model transformation and succession planning. He also brings deep corporate governance experience through his work with client boards and service on public, private and non profit boards.
Steve is currently the Lead Independent Director and Chair of the Governance Committee of Analog Devices Inc., a global semiconductor company. Steve’s previous public company board service includes Aspen Technology, Inc., a provider of software and services for the process industries, where he was the Lead Director and the Chair of the Board and LTX-Credence Corporation, a semiconductor test equipment manufacturer now owned by Cohu, Inc., where he was the Chair of the Compensation Committee. Steve helped guide these companies through a broad set of issues including transformational acquisitions, market expansion strategies and private equity exits that positioned these organizations to significantly increase shareholder returns.
Steve recently retired as a senior Strategy Principal with a track record of leadership at Deloitte. He has served as a trusted advisor to the c-suites and boards of directors of his clients and was one of the firm’s most sought-after experts on enterprise growth, M&A, organization transformations and strategy. Under his leadership of Deloitte’s U.S Hospitality sector, the practice grew over 25% per year, and he was responsible for the firm’s relationships with their most significant hospitality clients. Steve was a member of the Deloitte Automotive Leadership team and was responsible for the relationship with one of its most important global OEM clients. In addition, Steve worked extensively in the life sciences, healthcare and semiconductor sectors.
Steve was a member of both Deloitte’s U.S. Board of Directors and the Deloitte Touche Tohmatsu Global Board of Directors. He chaired the Governance Committee and ESG sub-committee for the U.S. firm and served on the Compensation, Succession, and Cyber Security Committees of the Global Board. He was also a senior member of Deloitte’s Center for Board Effectiveness.
Prior to Deloitte, Steve was the CEO/Managing Partner and Board member of Monitor Group, a top-tier global strategy firm, where he held increasing leadership roles culminating in his election as CEO in 2006. In that capacity Steve had global operational and financial responsibility for the firm and he led Monitor through both the 2008-09 financial crisis and into the successful acquisition by Deloitte.
Steve is the Chair of the Board of Directors of the venture philanthropy firm New Profit, Inc.
Steve received a B.A. from Oxford University, where he studied Philosophy, Politics and Economics as a Marshall Scholar. He earned his undergraduate degree in Economics at Dartmouth College. He is also a Certified member of the National Association of Corporate Directors (NACD).