Anirudh Devgan received $19.3M in total compensation as President and Chief Executive Officer of CADENCE DESIGN SYSTEMS INC in FY2024. The largest component was $8.7M in stock awards. That’s up 11% from FY2023. Source: SEC DEF 14A.
Executive Compensation Summary for CADENCE DESIGN SYSTEMS INC
Anirudh Devgan Salary and Compensation - CADENCE DESIGN SYSTEMS INC CEO Pay 2024
In fiscal year 2024, Anirudh Devgan, President and Chief Executive Officer of CADENCE DESIGN SYSTEMS INC (CDNS), received total compensation of $19.3 million.
Anirudh Devgan's compensation breakdown includes: base salary of $750K, stock awards valued at $8.7 million, option awards of $8.7 million, non-equity incentive compensation of $1.2 million, and other compensation of $13K.
Compared to fiscal year 2023, Anirudh Devgan's total compensation increased 11% from $17.3 million to $19.3 million.
CADENCE DESIGN SYSTEMS INC (CDNS) Executive Pay 2024
CADENCE DESIGN SYSTEMS INC's top 6 named executive officers received combined total compensation of $46.5 million in fiscal year 2024.
The named executive officers disclosed in CADENCE DESIGN SYSTEMS INC's 2024 proxy statement are:Anirudh Devgan (President and Chief Executive Officer) with total compensation of $19.3 million, John M. Wall (Senior Vice President and Chief Financial Officer) with total compensation of $6.3 million, Paul Cunningham (Senior Vice President GM, System Verification Group) with total compensation of $5.3 million, Chin-Chi Teng (Senior Vice President GM, Digital & Signoff Group) with total compensation of $5.3 million, Thomas P. Beckley (Former Senior Vice President GM, Custom IC & PCB Group) with total compensation of $5.3 million, and Paul Scannell (Senior Vice President Customer Success Team) with total compensation of $5.0 million.