---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-159178"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2022-05-25T23:59:59+00:00"
generated_at: "2026-06-25T07:25:33.527228+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Synopsys appoints Luis Borgen and Marc Casper to board, expands from 8 to 10 directors

## Summary
- Board expanded from 8 to 10 members; Borgen and Casper appointed as independent directors effective immediately.
- Luis Borgen most recently CFO of athenahealth; Marc Casper is chairman, president, and CEO of Thermo Fisher Scientific.
- Each new director receives $125,000 annual cash retainer and initial equity grants (stock option $350k FMV, restricted stock $175k prorated).
- Board expects to assign each to board committees at a later date; standard indemnification agreements entered.
- CEO Aart de Geus cites their operational experience to help scale Synopsys to $5 billion and beyond.

## SEC filing metadata
- accession: 0001193125-22-159178
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2022-05-25T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312522159178/0001193125-22-159178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312522159178/d356707d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-159178
- JSON: https://secwatch.observer/filing/0001193125-22-159178.json
- Plain text: https://secwatch.observer/filing/0001193125-22-159178.txt

## Key facts
- Executive change
  Marc Casper was appointed as Director at SYNOPSYS INC.
  - Action: appointed
  - Role: Director
  source text: the Board of Directors (the “ Board ”) of Synopsys, Inc. (“ Synopsys ”) increased the size of the Board from eight to ten directors and appointed Luis Borgen and Marc Casper (each an “ Appointee ” and together, the “ Appointees ”) to serve as directors effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522159178/0001193125-22-159178-index.htm
- Executive change
  Luis Borgen was appointed as Director at SYNOPSYS INC.
  - Action: appointed
  - Role: Director
  source text: the Board of Directors (the “ Board ”) of Synopsys, Inc. (“ Synopsys ”) increased the size of the Board from eight to ten directors and appointed Luis Borgen and Marc Casper (each an “ Appointee ” and together, the “ Appointees ”) to serve as directors effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522159178/0001193125-22-159178-index.htm

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