On August 13, 2023, the Board also approved an increase in the size of the Board from ten to eleven directors, and appointed Mr. Ghazi as a director, in each case, effective as of August 13, 2023.
On August 12, 2023, Aart J. de Geus informed the Board of Directors (the “ Board ”) of Synopsys, Inc. (“ Synopsys ”) of his intent to step down as Chief Executive Officer of Synopsys, effective January 1, 2024 (the “ Effective Date ”). In connection therewith, on August 13, 2023, the Board promoted Sassine Ghazi, Synopsys’ President and Chief Operating Officer, to the role of President and Chief Executive Officer, and appointed Dr. de Geus to the role of Executive Chair of the Board, in each case, effective as of the Effective Date.
the Board promoted Sassine Ghazi, Synopsys’ President and Chief Operating Officer, to the role of President and Chief Executive Officer
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 1.0
Sassine Ghazi was appointed as Director at SYNOPSYS INC.
Action
appointed
Role
Director
Exact text from the filing
On August 13, 2023, the Board also approved an increase in the size of the Board from ten to eleven directors, and appointed Mr. Ghazi as a director, in each case, effective as of August 13, 2023.
Aart J. de Geus changed role as Executive Chair of the Board at SYNOPSYS INC.
Action
stepped down as Chief Executive Officer
Role
Executive Chair of the Board
Exact text from the filing
On August 12, 2023, Aart J. de Geus informed the Board of Directors (the “ Board ”) of Synopsys, Inc. (“ Synopsys ”) of his intent to step down as Chief Executive Officer of Synopsys, effective January 1, 2024 (the “ Effective Date ”). In connection therewith, on August 13, 2023, the Board promoted Sassine Ghazi, Synopsys’ President and Chief Operating Officer, to the role of President and Chief Executive Officer, and appointed Dr. de Geus to the role of Executive Chair of the Board, in each case, effective as of the Effective Date.
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