Equibles does not estimate personal net worth.
Get an email with a short summary when Cadence Design Systems Inc publishes a filing, an earnings call transcript or a press release.
Get CDNS alertsLip-Bu Tan is recorded as Chairman at Cadence Design Systems Inc (CDNS) since December 15, 2021 and CEO at Cadence Design Systems Inc (CDNS). Earlier roles on record: Board Member at Credo Technology Group Holding Ltd (CRDO) until October 23, 2025. Credo Technology Group Holding Ltd reported in an 8-K filed October 29, 2025 that Lip-Bu Tan resigned as member of the board of directors, effective October 23, 2025. Credo Technology Group Holding Ltd reported in an 8-K filed March 24, 2025 that Lip-Bu Tan resigned as chairman of the Board. The proxy statement of Cadence Design Systems Inc reports total compensation of $11,166,016 for Lip-Bu Tan in fiscal 2021, including a base salary of $720,192. Disclosed compensation is on record for 5 fiscal years. Lip-Bu Tan has spoken on 6 earnings calls across 1 company, most recently for Cadence Design Systems Inc on July 26, 2021. Cadence Design Systems Inc is classified in the Software - Application industry within the Technology sector. Other leadership on record at Cadence Design Systems Inc includes John M. Wall (CFO), Anirudh Devgan (Board Member), Dr. Alberto Sangiovanni-Vincentelli (Board Member) and 7 others.
“On October 23, 2025, Lip-Bu Tan, a member of the board of directors (the "Board") of Credo Technology Group Holding Ltd (the "Company"), resigned from the Board, effective October 23, 2025.”
“Lip-Bu Tan, a member of the Board who was recently appointed as the chief executive officer of Intel Corporation, has stepped down as chairman of the Board and each applicable committee thereof, but will remain a member of the Board.”
“Cadence delivered outstanding financial results for the second quarter as broad-based customer demand for our innovative solutions drove stronger than expected revenue growth, profitability, and cash flow.”
“I'm pleased to report that Cadence had a great start to the year delivering outstanding financial results for the first quarter with broad-based demand for our innovative solutions, driving strong revenue growth, profitability, and cash flow.”
“In a year of unprecedented macro challenges, I’m pleased to report that Cadence achieved outstanding financial results for both the fourth quarter and 2020. For the year, we achieved 15% revenue growth and 35% non-GAAP operating margin with strength across the board and all segments growing by double digits.”
“I'm pleased to report that Cadence achieved outstanding financial results for the third quarter of 2020. We exceeded our financial outlook on all key metrics as the Cadence team continues to successfully navigate through challenges posed by the pandemic.”
“I am very pleased to report that in an environment of continued uncertainty, we achieved excellent financial results for the second quarter of 2020. We exceeded our financial outlook on all key metrics, as the team successfully navigated through challenges posed by the pandemic.”
2021-12-15–present
2019-01-01–2025-10-23
Software - Application · Technology
CEO, Chairman
2021-12-15–present
Semiconductors · Technology
Board Member
2019-01-01–2025-10-23
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2021 | Cadence Design Systems Inc (CDNS) | Former Chief Executive Officer | $720,192 | $11,166,016 |
| 2020 | Cadence Design Systems Inc (CDNS) | Former Chief Executive Officer | $738,942 | $9,604,640 |
| 2019 | Cadence Design Systems Inc (CDNS) | Former Chief Executive Officer | $725,000 | $19,146,556 |
| 2018 | Cadence Design Systems Inc (CDNS) | Chief Executive Officer | $725,000 | $7,556,368 |
| 2017 | Cadence Design Systems Inc (CDNS) | Chief Executive Officer | $700,000 | $7,964,748 |
