---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-294370"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2022-11-29T23:59:59+00:00"
generated_at: "2026-06-21T12:32:22.528482+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-294370
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2022-11-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312522294370/0001193125-22-294370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312522294370/d395099d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-294370
- JSON: https://secwatch.observer/filing/0001193125-22-294370.json
- Plain text: https://secwatch.observer/filing/0001193125-22-294370.txt

## Key facts
- Executive change
  Trac Pham changed role as Chief Financial Officer at SYNOPSYS INC.
  - Action: cease serving
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522294370/0001193125-22-294370-index.htm
- Executive change
  Shelagh Glaser was appointed as Chief Financial Officer at SYNOPSYS INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522294370/0001193125-22-294370-index.htm

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