Cadence Design Systems Inc.

Last updated September 27, 2026

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Organization details

Legal name: Cadence Design Systems Inc.
Ownership: Public
Status: Active
Sector (GICS): Information Technology
SIC code: 7372 — Services-Prepackaged Software
Jurisdiction of incorporation: Delaware
Headquarters city: SAN Jose
Headquarters state / province: California
Headquarters country: United States
Fiscal year end: December
Ticker symbol: CDNS
Primary stock exchange: Nasdaq

Identifiers

SEC CIK: 0000813672
EIN: 77-0148231
Wikidata ID: Q608776

Board of directors

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Anirudh Devgan · Director · President and CEO
Since 2023
Den Hove Luc Van · Director
Since 2026
Ita M. Brennan · Director
Since 2023
James D. Plummer · Director
Since 2023
John B. Shoven · Director
Since 2023
Julia Liuson · Director
Since 2023
Lewis Chew · Director
Since 2023
Lip Bu Tan · Director
Since 2023
Mark Adams · Director
Since 2023
Mary L. Krakauer · Director
Since 2023
Moshe Gavrielov · Director
Since 2025
Vincentelli Alberto Sangiovanni · Director
Since 2023
Young Sohn · Director
Since 2023

Chief executives

Anirudh Devgan · President and CEO

Dates unknown

Director election results

Annual meeting of May 8, 2025. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.

Mark Adams

80.2%
James D. Plummer

96.0%
Young Sohn

98.1%
Ita M. Brennan

98.3%
Lewis Chew

98.4%

Board connections

9 of this board's directors also sit on 14 other boards. 10 are in the same sector.

Shared director Other board Same sector

Lam Research Corporation
via Anirudh Devgan and Ita M. Brennan
Arista Networks Inc. Same sector
via Lewis Chew
Arm Holdings plc Same sector
via Young Sohn
Core Scientific Inc.
via Mark Adams
Credo Technology Group Holding Ltd Same sector
via Lip Bu Tan
Elastic N.V. Same sector
via Julia Liuson
Exponent Inc.
via John B. Shoven
Intel Corporation Same sector
via Lip Bu Tan
Intuitive Surgical Inc.
via Lewis Chew
NXP Semiconductors N.V. Same sector
via Moshe Gavrielov
Penguin Solutions Inc. Same sector
via Mark Adams
Planet Labs PBC Same sector
via Ita M. Brennan
Seagate Technology Holdings PLC Same sector
via Mark Adams
Taiwan Semiconductor Manufacturing Company Ltd. Same sector
via Moshe Gavrielov

Insider trades

All notable trades →

From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.

Bought, last 12 months: $0; 0 purchases by 0 insiders
Sold, last 12 months: $100,923,787; 108 sales by 9 insiders

Date	Insider	Transaction	Shares	Price	Value
Nov 9, 2026	Scannell Paul Officer (Sr. Vice President)	Open-market sale	−2,401	$339.00	$813,939
Nov 6, 2026	Scannell Paul Officer (Sr. Vice President)	Shares withheld for tax	−619	$319.92	$198,030
Oct 15, 2026	Cunningham Paul Officer (Sr. Vice President)	Option exercise	+1,000	$138.02	$138,020
Oct 15, 2026	Cunningham Paul Officer (Sr. Vice President)	Open-market sale	−2,000	$324.13	$648,260
Oct 1, 2026	Vincentelli Alberto Sangiovanni Director	Open-market sale	−1,250	$350.07	$437,590
Sep 17, 2026	Cunningham Paul Officer (Sr. Vice President)	Shares withheld for tax	−1,181	$280.76	$331,578
Sep 17, 2026	WALL JOHN M Officer (Sr. VP & CFO)	Shares withheld for tax	−1,433	$280.76	$402,329
Sep 17, 2026	TENG CHIN-CHI Officer (Sr. Vice President)	Shares withheld for tax	−1,181	$280.76	$331,578
Sep 17, 2026	Anirudh Devgan Director, Officer (President and CEO)	Shares withheld for tax	−3,779	$280.76	$1,060,992
Sep 17, 2026	Scannell Paul Officer (Sr. Vice President)	Shares withheld for tax	−937	$280.76	$263,072
Sep 15, 2026	Cunningham Paul Officer (Sr. Vice President)	Shares withheld for tax	−793	$273.96	$217,250
Sep 15, 2026	WALL JOHN M Officer (Sr. VP & CFO)	Shares withheld for tax	−983	$273.96	$269,303
Sep 15, 2026	Anirudh Devgan Director, Officer (President and CEO)	Shares withheld for tax	−2,539	$273.96	$695,584
Sep 15, 2026	TENG CHIN-CHI Officer (Sr. Vice President)	Shares withheld for tax	−793	$273.96	$217,250
Sep 15, 2026	Cunningham Paul Officer (Sr. Vice President)	Option exercise	+1,000	$138.02	$138,020

Peers

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Questions about Cadence Design Systems Inc.

Who is the CEO of Cadence Design Systems Inc.?

Anirudh Devgan is Cadence Design Systems Inc.'s President and CEO.

How many directors are on Cadence Design Systems Inc.'s board?

Cadence Design Systems Inc.'s board has 13 directors: Anirudh Devgan, Den Hove Luc Van, Ita M. Brennan, James D. Plummer, John B. Shoven, Julia Liuson, Lewis Chew, Lip Bu Tan, Mark Adams, Mary L. Krakauer and 3 others.

Are Cadence Design Systems Inc. insiders buying or selling shares?

Over the last 12 months, Cadence Design Systems Inc. insiders made no open-market purchases and sold $100.9 million of shares in 108 sales on the open market, as reported to the SEC on Forms 4 and 5.

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