Software - Application · Technology
CEO, Board Member
2023-05-04–present
Board Member
Cadence Design Systems Inc (CDNS)Equibles does not estimate personal net worth.
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Get CDNS alertsAnirudh Devgan is recorded as Board Member at Cadence Design Systems Inc (CDNS) since May 4, 2023 and CEO at Cadence Design Systems Inc (CDNS). Cadence Design Systems Inc reported in an 8-K filed May 8, 2023 that Anirudh Devgan was appointed director, effective May 4, 2023. The proxy statement of Cadence Design Systems Inc reports total compensation of $56,683,576 for Anirudh Devgan in fiscal 2025, including a base salary of $800,000. Disclosed compensation is on record for 9 fiscal years. Anirudh Devgan has spoken on 20 earnings calls and 3 other investor events across 1 company, most recently for Cadence Design Systems Inc on October 26, 2026. 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 Lip-Bu Tan (Chairman), John M. Wall (CFO), Dr. Alberto Sangiovanni-Vincentelli (Board Member) and 7 others.
“Each of the ten (10) director nominees named in the Proxy Statement was elected as set forth below: Anirudh Devgan”
“I'm pleased to report that Cadence delivered another outstanding quarter. With all key metrics coming in well above our guidance, backlog reached a record of $8.2 billion, reflecting strong bookings driven by growing customer demand.”
“I mean, the customer environment is probably the strongest I have seen it because, you know, last few years, of course, some companies were doing phenomenally well, you know, the big AI companies or the hyperscalers, but some of them were not.”
“I'm very pleased to report that Cadence delivered outstanding financial results for the second quarter of 2026, with all key metrics exceeding our guidance. We exited the quarter with record backlogs that was above our expectations.”
“By the way, I'm a big fan of Vivek's. and in the Cadence Live in April, I gave this talk and your numbers just came out, your semi-market numbers. So I quoted Vivek and put it, and then all the analysts said I should also quote them, but Vivek always had very good numbers and analysis.”
“I'm pleased to report that Cadence had a strong start to 2026 with accelerating AI demand and disciplined execution, delivering one of the best Q1s in company's history.”
2023-05-04–present
Software - Application · Technology
CEO, Board Member
2023-05-04–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Cadence Design Systems Inc (CDNS) | President and Chief Executive Officer | $800,000 | $56,683,576 |
| 2024 | Cadence Design Systems Inc (CDNS) | President and Chief Executive Officer | $750,000 | $19,292,503 |
| 2023 | Cadence Design Systems Inc (CDNS) | President and Chief Executive Officer | $750,000 | $17,341,862 |
| 2022 | Cadence Design Systems Inc (CDNS) | President and Chief Executive Officer | $725,000 | $32,216,034 |
| 2021 | Cadence Design Systems Inc (CDNS) | President and Chief Executive Officer | $604,808 | $21,735,794 |
| 2020 | Cadence Design Systems Inc (CDNS) | President and Chief Executive Officer | $561,539 | $5,543,890 |
| 2019 | Cadence Design Systems Inc (CDNS) | Chief Executive Officer | $550,000 | $9,306,519 |
| 2018 | Cadence Design Systems Inc (CDNS) | President | $500,000 | $4,355,982 |
| 2017 | Cadence Design Systems Inc (CDNS) | President | $434,231 | $5,030,936 |