Synopsys appoints Shelagh Glaser as CFO effective Dec 2, 2022; Trac Pham retires

SYNOPSYS INC

Shelagh Glaser joins from Zendesk (CFO 2021-2022); prior 29 years at Intel as VP and CFO of two business units.
Outgoing CFO Trac Pham announced retirement in Dec 2021; will stay as executive advisor through Dec 2022.
Glaser receives base salary of $600k, equity grants valued at $12M, and $1.15M relocation assistance.
Equity grants include $2.5M stock option, $7M in RSUs, and $2.5M performance-based RSU.
Glaser eligible for annual equity of ~$4M in FY2023 and standard executive benefits and severance plans.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Trac Pham

Chief Financial Officer

SNPS · SYNOPSYS INC

Effective: 2022-12-02
Successor: Shelagh Glaser
Filed: November 29, 2022, 6:59 PM ET

Trac Pham will cease serving as Chief Financial Officer of Synopsys, effective as of the Effective Date, and will continue in an executive advisor role through December 2022 to ensure an orderly transition.

Appointed

Shelagh Glaser

Chief Financial Officer

SNPS · SYNOPSYS INC

Effective: 2022-12-02
Filed: November 29, 2022, 6:59 PM ET

On November 28, 2022, the Board of Directors (the “ Board ”) of Synopsys, Inc. (“ Synopsys ”) appointed Shelagh Glaser as Chief Financial Officer of Synopsys, effective as of December 2, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Trac Pham changed role as Chief Financial Officer at SYNOPSYS INC.

Action: cease serving
Role: Chief Financial Officer

Exact text from the filing

Trac Pham will cease serving as Chief Financial Officer of Synopsys, effective as of the Effective Date, and will continue in an executive advisor role through December 2022 to ensure an orderly transition.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Shelagh Glaser was appointed as Chief Financial Officer at SYNOPSYS INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On November 28, 2022, the Board of Directors (the “ Board ”) of Synopsys, Inc. (“ Synopsys ”) appointed Shelagh Glaser as Chief Financial Officer of Synopsys, effective as of December 2, 2022

View on SEC.gov

SYNOPSYS INC filing history →

Source: SEC EDGAR

accession 0001193125-22-294370

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