Cadence Design Systems, Inc.

NasdaqGS:CDNS Stock Report

Market Cap: US$88.0b

Cadence Design Systems Management

Management criteria checks 2/4

Cadence Design Systems' CEO is Anirudh Devgan, appointed in Nov 2017, has a tenure of 6.33 years. total yearly compensation is $32.22M, comprised of 2.3% salary and 97.7% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth $21.89M. The average tenure of the management team and the board of directors is 6.2 years and 6.5 years respectively.

Key information

Anirudh Devgan

Chief executive officer

US$32.2m

Total compensation

CEO salary percentage2.3%
CEO tenure6.3yrs
CEO ownership0.02%
Management average tenure6.2yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Mar 25
Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break

Mar 24

Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Mar 12
Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Cadence Design Systems: Impressive By Design

Mar 08

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

Feb 13
Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jan 19
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds

Jan 10

With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Jan 07
With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Charting the Course: Unlocking Potential in Tech

Dec 15
Charting the Course: Unlocking Potential in Tech

Charting the Course: Unlocking Potential in Tech

Dec 15
Charting the Course: Unlocking Potential in Tech

The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested

Nov 29
The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested

Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 16
Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Oct 10
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Sep 13
When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital

Aug 30
Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital

Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?

Aug 16
Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jul 11
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?

May 19
What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?

Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)

May 03
Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)

Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Apr 05
Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Feb 12
Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?

We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger

Jan 29
We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger

Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?

Jan 15
Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?

Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?

Jan 03
Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?

At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?

Nov 07
At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?

Cadence Design Systems (NASDAQ:CDNS) Is Very Good At Capital Allocation

Oct 19
Cadence Design Systems (NASDAQ:CDNS) Is Very Good At Capital Allocation

Cadence Design expands partnership with Samsung Foundry on 3D-IC design

Oct 18

CEO Compensation Analysis

How has Anirudh Devgan's remuneration changed compared to Cadence Design Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$1b

Sep 30 2023n/an/a

US$958m

Jun 30 2023n/an/a

US$890m

Mar 31 2023n/an/a

US$855m

Dec 31 2022US$32mUS$725k

US$849m

Oct 01 2022n/an/a

US$785m

Jul 02 2022n/an/a

US$775m

Apr 02 2022n/an/a

US$744m

Jan 01 2022US$22mUS$605k

US$696m

Oct 02 2021n/an/a

US$693m

Jul 03 2021n/an/a

US$678m

Apr 03 2021n/an/a

US$654m

Jan 02 2021US$6mUS$562k

US$591m

Sep 26 2020n/an/a

US$1b

Jun 27 2020n/an/a

US$1b

Mar 28 2020n/an/a

US$992m

Dec 28 2019US$9mUS$550k

US$989m

Sep 28 2019n/an/a

US$428m

Jun 29 2019n/an/a

US$426m

Mar 30 2019n/an/a

US$393m

Dec 29 2018US$4mUS$500k

US$346m

Sep 29 2018n/an/a

US$233m

Jun 30 2018n/an/a

US$215m

Mar 31 2018n/an/a

US$209m

Dec 30 2017US$5mUS$434k

US$204m

Compensation vs Market: Anirudh's total compensation ($USD32.22M) is above average for companies of similar size in the US market ($USD12.26M).

Compensation vs Earnings: Anirudh's compensation has increased by more than 20% in the past year.


CEO

Anirudh Devgan (53 yo)

6.3yrs

Tenure

US$32,216,034

Compensation

Dr. Anirudh Devgan, Ph D., has been President of Cadence Design Systems, Inc. since November 16, 2017 and has been its Director since August 01, 2021. He has been Chief Executive Officer at Cadence Design...


Leadership Team

NamePositionTenureCompensationOwnership
Anirudh Devgan
CEO, President & Director6.3yrsUS$32.22m0.025%
$ 21.9m
John Wall
Senior VP & CFO6.4yrsUS$11.15m0.023%
$ 20.2m
Aneel Zaman
Senior VP & Chief Revenue Officer3.4yrsUS$10.91m0.0090%
$ 7.9m
Chin-Chi Teng
Senior VP and GM of the Digital & Signoff Group6.2yrsUS$9.51m0.035%
$ 30.8m
Paul Cunningham
Senior VP & GM of the System and Verification Group3yrsUS$9.56m0.025%
$ 22.3m
Ariel Sella
Co-Founderno datano datano data
James Haddad
Corporate VP of Corporate Finance & Treasurer17.9yrsno datano data
Richard Gu
Vice President of Investor Relationsno datano datano data
Karna Nisewaner
Senior VP1.5yrsno data0.0080%
$ 7.0m
Christina Jones
Senior Vice President of Global Human Resourcesno datano datano data
Nimish Modi
Senior VP & GM of Strategy and New Ventures1.5yrsUS$1.43mno data
Thomas Beckley
Senior VP and GM of Custom IC & PCB Group11.5yrsUS$3.32m0.053%
$ 46.7m

6.2yrs

Average Tenure

53.5yo

Average Age

Experienced Management: CDNS's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anirudh Devgan
CEO, President & Director2.6yrsUS$32.22m0.025%
$ 21.9m
Young Sohn
Independent Director11.1yrsUS$352.07k0.0048%
$ 4.2m
Mark Adams
Independent Director9.1yrsUS$360.07k0.0044%
$ 3.9m
James Plummer
Independent Director12.4yrsUS$348.26k0.0097%
$ 8.5m
Alberto Sangiovanni-Vincentelli
Independent Director32.2yrsUS$344.24k0.019%
$ 16.7m
John Shoven
Independent Director32.2yrsUS$433.36k0.074%
$ 65.4m
Lewis Chew
Independent Director4yrsUS$370.07k0.0025%
$ 2.2m
Ita Brennan
Independent Director4yrsUS$347.95k0.0025%
$ 2.2m
Mary Krakauer
Independent Chairman2.2yrsUS$324.30k0.00097%
$ 853.4k
Julia Liuson
Independent Director3.2yrsUS$330.07k0.0015%
$ 1.3m

6.5yrs

Average Tenure

63yo

Average Age

Experienced Board: CDNS's board of directors are considered experienced (6.5 years average tenure).


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