Anirudh Devgan has served as President of Cadence since 2017, overseeing all business groups, research and development, sales, field engineering and customer support, strategy, marketing, IT, mergers and acquisitions, and business development. Prior to becoming President, he was Executive Vice President and General Manager of the Digital & Signoff and System & Verification groups.
Prior to joining Cadence in 2012, Devgan was General Manager and Corporate Vice President of the Custom Design Business Unit at Magma Design Automation. Previous roles include management and technical positions at IBM, where he received numerous awards including the IBM Outstanding Innovation Award. Devgan is an IEEE Fellow, has written numerous research papers, and holds several patents.
Devgan received a Bachelor of Technology degree in electrical engineering from the Indian Institute of Technology, Delhi, and MS and PhD degrees in electrical and computer engineering from Carnegie Mellon University.
What is Anirudh Devgan's net worth?
The estimated net worth of Anirudh Devgan is at least $41.43 million as of March 16th, 2023. Dr. Devgan owns 199,178 shares of Cadence Design Systems stock worth more than $41,431,016 as of March 31st. This net worth estimate does not reflect any other investments that Dr. Devgan may own. Learn More about Anirudh Devgan's net worth.
What is Anirudh Devgan's salary?
As the President of Cadence Design Systems, Inc., Dr. Devgan earned a total compensation package of $21,735,794.00 in 2021. Dr. Devgan earned a salary of $604,808.00, stock awards of $2,499,956.00, options awards of $17,496,404.00, non-equity compensation of $1,109,054.00, and other compensation of $25,572.00. Learn More on Anirudh Devgan's salary.
How do I contact Anirudh Devgan?
Has Anirudh Devgan been buying or selling shares of Cadence Design Systems?
During the last ninety days, Anirudh Devgan has sold $2,054,442.37 in Cadence Design Systems stock. Most recently, Anirudh Devgan sold 5,645 shares of the business's stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $201.65, for a transaction totalling $1,138,314.25. Following the completion of the sale, the chief executive officer now directly owns 199,178 shares of the company's stock, valued at $40,164,243.70. Learn More on Anirudh Devgan's trading history.
Who are Cadence Design Systems' active insiders?
Cadence Design Systems' insider roster includes Mark Adams (Director), Thomas Beckley (VP), Susan Bostrom (Director), Paul Cunningham (VP), Anirudh Devgan (President), Surendra Mandava (VP), James Plummer (Director), Albert Sangiovanni-Vincentelli (Director), John Shoven (Director), Roger Siboni (Director), Young Sohn (Director), Lip Tan (CEO), Chin-Chi Teng (VP), John Wall (CFO), and Aneel Zaman (VP). Learn More on Cadence Design Systems' active insiders.
Are insiders buying or selling shares of Cadence Design Systems?
During the last twelve months, insiders at the software maker sold shares 56 times. They sold a total of 1,259,973 shares worth more than $212,695,131.91. The most recent insider tranaction occured on March, 16th when VP Aneel Zaman sold 17,626 shares worth more than $3,553,754.12. Insiders at Cadence Design Systems own 2.0% of the company.
Learn More about insider trades at Cadence Design Systems. Information on this page was last updated on 3/16/2023.
