---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-301233"
form_type: "8-K/A"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:37:58.957076+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Synopsys discloses CEO compensation for Ghazi ($840k base, $15M FY24 equity); de Geus ($725k base, $8M FY24 equity)

## Summary
- Ghazi becomes CEO on Jan 1, 2024; base salary $840k, target bonus 200% of base.
- Ghazi receives promotion PRSUs ($8M) and FY24 equity: $7.5M PRSUs, $3.75M RSUs, $3.75M NQSO.
- de Geus becomes Executive Chairperson with base salary $725k and FY24 equity: $4M PRSUs, $2M RSUs, $2M NQSO.
- Ghazi severance: non-CIC = 150% base + bonus + COBRA + 12-mo vest; CIC = 200% base + 200% target + full vest.
- de Geus severance: CIC only = 200% base + 200% most recent target + COBRA + full vest.

## SEC filing metadata
- accession: 0001193125-23-301233
- form_type: 8-K/A
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312523301233/0001193125-23-301233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312523301233/d550426d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-301233
- JSON: https://secwatch.observer/filing/0001193125-23-301233.json
- Plain text: https://secwatch.observer/filing/0001193125-23-301233.txt

## Key facts
- Executive change
  Aart J. de Geus was appointed as Executive Chairperson at SYNOPSYS INC.
  - Action: appointed
  - Role: Executive Chairperson
  source text: and appointed Dr. de Geus to the role of Executive Chairperson of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312523301233/0001193125-23-301233-index.htm
- Executive change
  Sassine Ghazi changed role as President and Chief Executive Officer at SYNOPSYS INC.
  - Action: promoted
  - Role: President and Chief Executive Officer
  source text: the Board promoted Mr. Ghazi, Synopsys’ President and Chief Operating Officer, to the role of President and Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312523301233/0001193125-23-301233-index.htm

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