secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2021-09-13T23:59:59+00:00
Accession:  0001193125-21-271490
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/0001193125-21-271490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312521271490/d180682d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-271490

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