Cadence director John Shoven to retire after 32 years, not seeking re-election

CADENCE DESIGN SYSTEMS INC

Dr. John B. Shoven notified Board of his retirement effective at 2024 Annual Meeting.
Shoven served 32 years on the Board, including 16 years as Chair.
Board expressed deep appreciation for his invaluable contributions.
No replacement named; Shoven's term expires at the 2024 Annual Meeting.

item 5.02

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Departed

John B. Shoven

Director

CDNS · CADENCE DESIGN SYSTEMS INC

Filed: February 2, 2024, 6:59 PM ET

On February 1, 2024, Dr. John B. Shoven, a member of the Board of Directors (the “Board”) of Cadence Design Systems, Inc. (the “Company”), notified the Board of his decision to retire from the Board and not seek re-election at the Company’s 2024 Annual Meeting of Stockholders, when his current term expires.

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Executive change SEC 8-K Item 5.02 confidence 0.95

John B. Shoven retired as Director at CADENCE DESIGN SYSTEMS INC.

Action: retired
Role: Director

Exact text from the filing

On February 1, 2024, Dr. John B. Shoven, a member of the Board of Directors (the “Board”) of Cadence Design Systems, Inc. (the “Company”), notified the Board of his decision to retire from the Board and not seek re-election at the Company’s 2024 Annual Meeting of Stockholders, when his current term expires.

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Source: SEC EDGAR

accession 0000813672-24-000013

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