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 percentage | 2.3% |
CEO tenure | 6.3yrs |
CEO ownership | 0.02% |
Management average tenure | 6.2yrs |
Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive
Mar 25Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break
Mar 24Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?
Mar 12Cadence Design Systems: Impressive By Design
Mar 08Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 16Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching
Feb 13These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Jan 19Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds
Jan 10With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For
Jan 07Charting the Course: Unlocking Potential in Tech
Dec 15Charting the Course: Unlocking Potential in Tech
Dec 15The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested
Nov 29Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 16These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Oct 10When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?
Sep 13Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital
Aug 30Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?
Aug 16These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Jul 11What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?
May 19Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)
May 03Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?
Apr 05Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?
Feb 12We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger
Jan 29Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?
Jan 15Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?
Jan 03At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?
Nov 07Cadence Design Systems (NASDAQ:CDNS) Is Very Good At Capital Allocation
Oct 19Cadence Design expands partnership with Samsung Foundry on 3D-IC design
Oct 18CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | US$1b |
Sep 30 2023 | n/a | n/a | US$958m |
Jun 30 2023 | n/a | n/a | US$890m |
Mar 31 2023 | n/a | n/a | US$855m |
Dec 31 2022 | US$32m | US$725k | US$849m |
Oct 01 2022 | n/a | n/a | US$785m |
Jul 02 2022 | n/a | n/a | US$775m |
Apr 02 2022 | n/a | n/a | US$744m |
Jan 01 2022 | US$22m | US$605k | US$696m |
Oct 02 2021 | n/a | n/a | US$693m |
Jul 03 2021 | n/a | n/a | US$678m |
Apr 03 2021 | n/a | n/a | US$654m |
Jan 02 2021 | US$6m | US$562k | US$591m |
Sep 26 2020 | n/a | n/a | US$1b |
Jun 27 2020 | n/a | n/a | US$1b |
Mar 28 2020 | n/a | n/a | US$992m |
Dec 28 2019 | US$9m | US$550k | US$989m |
Sep 28 2019 | n/a | n/a | US$428m |
Jun 29 2019 | n/a | n/a | US$426m |
Mar 30 2019 | n/a | n/a | US$393m |
Dec 29 2018 | US$4m | US$500k | US$346m |
Sep 29 2018 | n/a | n/a | US$233m |
Jun 30 2018 | n/a | n/a | US$215m |
Mar 31 2018 | n/a | n/a | US$209m |
Dec 30 2017 | US$5m | US$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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 6.3yrs | US$32.22m | 0.025% $ 21.9m | |
Senior VP & CFO | 6.4yrs | US$11.15m | 0.023% $ 20.2m | |
Senior VP & Chief Revenue Officer | 3.4yrs | US$10.91m | 0.0090% $ 7.9m | |
Senior VP and GM of the Digital & Signoff Group | 6.2yrs | US$9.51m | 0.035% $ 30.8m | |
Senior VP & GM of the System and Verification Group | 3yrs | US$9.56m | 0.025% $ 22.3m | |
Co-Founder | no data | no data | no data | |
Corporate VP of Corporate Finance & Treasurer | 17.9yrs | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
Senior VP | 1.5yrs | no data | 0.0080% $ 7.0m | |
Senior Vice President of Global Human Resources | no data | no data | no data | |
Senior VP & GM of Strategy and New Ventures | 1.5yrs | US$1.43m | no data | |
Senior VP and GM of Custom IC & PCB Group | 11.5yrs | US$3.32m | 0.053% $ 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 2.6yrs | US$32.22m | 0.025% $ 21.9m | |
Independent Director | 11.1yrs | US$352.07k | 0.0048% $ 4.2m | |
Independent Director | 9.1yrs | US$360.07k | 0.0044% $ 3.9m | |
Independent Director | 12.4yrs | US$348.26k | 0.0097% $ 8.5m | |
Independent Director | 32.2yrs | US$344.24k | 0.019% $ 16.7m | |
Independent Director | 32.2yrs | US$433.36k | 0.074% $ 65.4m | |
Independent Director | 4yrs | US$370.07k | 0.0025% $ 2.2m | |
Independent Director | 4yrs | US$347.95k | 0.0025% $ 2.2m | |
Independent Chairman | 2.2yrs | US$324.30k | 0.00097% $ 853.4k | |
Independent Director | 3.2yrs | US$330.07k | 0.0015% $ 1.3m |
6.5yrs
Average Tenure
63yo
Average Age
Experienced Board: CDNS's board of directors are considered experienced (6.5 years average tenure).