---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-24-000013"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:21:27.788672+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000813672-24-000013
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367224000013/0000813672-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367224000013/cdns-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-24-000013
- JSON: https://secwatch.observer/filing/0000813672-24-000013.json
- Plain text: https://secwatch.observer/filing/0000813672-24-000013.txt

## Key facts
- Executive change
  John B. Shoven retired as Director at CADENCE DESIGN SYSTEMS INC.
  - Action: retired
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/813672/000081367224000013/0000813672-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.