---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-271490"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2021-09-13T23:59:59+00:00"
generated_at: "2026-06-29T04:22:20.740042+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Synopsys appoints Sassine Ghazi as President and COO; Chi-Foon Chan to step down as co-CEO by April 2022

## Summary
- Sassine Ghazi appointed President and COO effective November 1, 2021; previously COO since August 2020.
- Chi-Foon Chan to transition from co-CEO role by April 30, 2022 and will continue in new supporting role.
- Ghazi has 23 years at Synopsys; former GM of Design Group; aims to scale Synopsys to $5 billion revenue.
- Ghazi has no family relationships or material interests in transactions with Synopsys; standard indemnification.

## SEC filing metadata
- accession: 0001193125-21-271490
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2021-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/0001193125-21-271490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/d180682d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-271490
- JSON: https://secwatch.observer/filing/0001193125-21-271490.json
- Plain text: https://secwatch.observer/filing/0001193125-21-271490.txt

## Key facts
- Executive change
  Sassine Ghazi was appointed as President and Chief Operating Officer at SYNOPSYS INC.
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: On September 13, 2021, the Board of Directors of Synopsys, Inc. (“ Synopsys ”) appointed Sassine Ghazi, currently Chief Operating Officer of Synopsys, as President and Chief Operating Officer of Synopsys, effective as of November 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/0001193125-21-271490-index.htm
- Executive change
  Chi-Foon Chan changed role as co-Chief Executive Officer at SYNOPSYS INC.
  - Action: transitioned from President
  - Role: co-Chief Executive Officer
  source text: Chi-Foon Chan will transition from his role of President of Synopsys as of November 1, 2021, and will continue as co-Chief Executive Officer until April 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/0001193125-21-271490-index.htm
- Executive change
  Chi-Foon Chan departed as co-Chief Executive Officer at SYNOPSYS INC.
  - Action: will continue as co-CEO until
  - Role: co-Chief Executive Officer
  source text: Chi-Foon Chan will transition from his role of President of Synopsys as of November 1, 2021, and will continue as co-Chief Executive Officer until April 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/0001193125-21-271490-index.htm

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