Cadence Design Systems appoints Mary Louise Krakauer to Board of Directors

CADENCE DESIGN SYSTEMS INC

Mary Louise Krakauer elected effective Jan 31, 2022; serves on boards of Xilinx, Mercury Systems, DXC, Proterra.
Received incentive stock award with grant date fair value of $13,013.70, fully vesting Feb 25, 2022.
Compensation consistent with other non-employee directors as described in March 2021 proxy statement.
Krakauer was EVP/CIO at Dell and held executive roles at EMC, Hewlett-Packard Enterprise, Compaq.
Appointment supports Cadence's Intelligent System Design strategy; executive chairman Lip-Bu Tan commented.

item 5.02 item 9.01

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Appointed

Mary Louise Krakauer

director

CDNS · CADENCE DESIGN SYSTEMS INC

Effective: 2022-01-31
Filed: January 31, 2022, 6:59 PM ET

On January 31, 2022, the Board of Directors (the “Board”) of Cadence Design Systems, Inc. (“Cadence”) elected Mary Louise (ML) Krakauer as a director of Cadence, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Louise Krakauer was elected as director at CADENCE DESIGN SYSTEMS INC.

Action: elected
Role: director

Exact text from the filing

On January 31, 2022, the Board of Directors (the “Board”) of Cadence Design Systems, Inc. (“Cadence”) elected Mary Louise (ML) Krakauer as a director of Cadence, effective immediately.

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Source: SEC EDGAR

accession 0000813672-22-000006

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