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Cadence Appoints Moshe Gavrielov to Board of Directors

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Cadence Design Systems (CDNS) has announced the appointment of Moshe Gavrielov to its board of directors, effective January 1, 2025. Gavrielov brings significant industry experience, currently serving on the boards of NXP Semiconductors and TSMC, and chairing Foretellix and SiMa.ai. He previously served as president and CEO of Xilinx from 2008 to 2018, where he led the company's transformation from an FPGA supplier to an 'All Programmable' solutions provider. Notably, Gavrielov has prior experience with Cadence, having served as executive vice president and general manager of its verification division from 2005 to 2007. The appointment aims to leverage his deep industry knowledge and ecosystem relationships to accelerate growth and enhance shareholder value in the AI era.

Cadence Design Systems (CDNS) ha annunciato la nomina di Moshe Gavrielov nel suo consiglio di amministrazione, a partire dal 1 gennaio 2025. Gavrielov porta con sé un'ampia esperienza nel settore, attualmente sedendo nei consigli di NXP Semiconductors e TSMC, e presiedendo Foretellix e SiMa.ai. In precedenza, ha ricoperto il ruolo di presidente e CEO di Xilinx dal 2008 al 2018, guidando la trasformazione dell'azienda da fornitore di FPGA a fornitore di soluzioni 'All Programmable'. È importante notare che Gavrielov ha esperienza precedente con Cadence, avendo ricoperto il ruolo di vicepresidente esecutivo e direttore generale della sua divisione di verifica dal 2005 al 2007. La nomina mira a sfruttare la sua profonda conoscenza del settore e le relazioni all'interno dell'ecosistema per accelerare la crescita e migliorare il valore per gli azionisti nell'era dell'IA.

Cadence Design Systems (CDNS) ha anunciado el nombramiento de Moshe Gavrielov en su junta directiva, con efecto a partir del 1 de enero de 2025. Gavrielov aporta una experiencia significativa en la industria, actualmente formando parte de las juntas de NXP Semiconductors y TSMC, y presidiendo Foretellix y SiMa.ai. Anteriormente, se desempeñó como presidente y CEO de Xilinx de 2008 a 2018, donde lideró la transformación de la compañía de un proveedor de FPGA a un proveedor de soluciones 'All Programmable'. Cabe destacar que Gavrielov tiene experiencia previa con Cadence, habiendo sido vicepresidente ejecutivo y director general de su división de verificación desde 2005 hasta 2007. La nombramiento tiene como objetivo aprovechar su profundo conocimiento del sector y las relaciones en el ecosistema para acelerar el crecimiento y mejorar el valor para los accionistas en la era de la IA.

캐드언스 디자인 시스템(CDNS)모셰 가브리엘로프를 이사회에 임명했다고 발표했으며, 이는 2025년 1월 1일부터 효력을 발휘합니다. 가브리엘로프는 NXP 반도체와 TSMC의 이사로 활동하며 Foretellix와 SiMa.ai의 의장을 맡고 있는 등 상당한 산업 경험을 가지고 있습니다. 그는 2008년부터 2018년까지 자일링스의 회장 겸 CEO로 재직하며 회사를 FPGA 공급업체에서 '올 프로그램 가능(All Programmable)' 솔루션 제공업체로 변화시키는 데 기여했습니다. 특히, 가브리엘로프는 2005년부터 2007년까지 캐드언스의 검증 부서에서 부사장 겸 총괄 매니저로 근무한 경험이 있습니다. 이번 임명은 그의 깊은 산업 지식과 생태계 관계를 활용하여 AI 시대에 성장 가속화 및 주주 가치를 향상시키는 것을 목표로 하고 있습니다.

Cadence Design Systems (CDNS) a annoncé la nomination de Moshe Gavrielov au conseil d'administration, à compter du 1er janvier 2025. Gavrielov apporte une expérience significative dans l'industrie, siégeant actuellement dans les conseils d'administration de NXP Semiconductors et TSMC, et présidant Foretellix et SiMa.ai. Auparavant, il a été président et PDG de Xilinx de 2008 à 2018, où il a dirigé la transformation de l'entreprise d'un fournisseur de FPGA à un fournisseur de solutions 'All Programmable'. Notamment, Gavrielov a une expérience antérieure avec Cadence, ayant été vice-président exécutif et directeur général de sa division de vérification de 2005 à 2007. La nomination vise à tirer parti de sa profonde connaissance du secteur et de ses relations dans l'écosystème pour accélérer la croissance et améliorer la valeur pour les actionnaires à l'ère de l'IA.

Cadence Design Systems (CDNS) hat die Ernennung von Moshe Gavrielov in seinen Vorstand bekannt gegeben, die am 1. Januar 2025 in Kraft tritt. Gavrielov bringt bedeutende Branchenerfahrung mit, da er derzeit in den Vorständen von NXP Semiconductors und TSMC sitzt und die Leitung von Foretellix und SiMa.ai innehat. Zuvor war er von 2008 bis 2018 Präsident und CEO von Xilinx, wo er die Transformation des Unternehmens von einem FPGA-Anbieter zu einem Anbieter von 'All Programmable'-Lösungen leitete. Bemerkenswert ist, dass Gavrielov bereits Erfahrung mit Cadence hat, da er von 2005 bis 2007 als Executive Vice President und General Manager der Verifikationsabteilung tätig war. Die Ernennung zielt darauf ab, sein umfassendes Branchenwissen und seine Beziehungen im Ökosystem zu nutzen, um das Wachstum zu beschleunigen und den Aktionärswert in der AI-Ära zu steigern.

Positive
  • Strategic board addition with extensive semiconductor industry experience
  • Appointee brings valuable connections through current board positions at TSMC and NXP
  • Previous executive experience at Cadence indicates strong understanding of company operations
  • Proven track record of successful company transformation at Xilinx
Negative
  • None.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the appointment of Moshe Gavrielov to its board of directors, effective January 1, 2025. Mr. Gavrielov currently serves as a member of the board of NXP Semiconductors N.V. and Taiwan Semiconductor Manufacturing Company Ltd., as chair of the board of Foretellix and SiMa.ai, and has previously held executive roles at several global technology companies.

“We are honored to welcome Moshe to our board of directors,” said ML Krakauer, chair of the board, Cadence. “The AI era offers immense opportunities, and our cutting-edge solutions empower customers to drive unprecedented innovation. Moshe’s deep industry knowledge, strong ecosystem relationships, and extensive technology and leadership expertise will provide Cadence with valuable strategic and technical insights, helping accelerate growth and enhance shareholder value.”

Mr. Gavrielov served as president and chief executive officer of Xilinx, Inc. from 2008 to 2018 and drove the company’s transformation from a FPGA supplier to a leader in delivering “All Programmable” solutions, expanding the company’s market presence and technological influence. Prior to joining Xilinx, Mr. Gavrielov served as executive vice president and general manager of Cadence’s verification division from 2005 to 2007, and chief executive officer of Verisity, Ltd. from 1998 to 2005. He also served in a variety of executive management positions at LSI Logic Corporation and engineering and engineering management positions at Digital Equipment Corporation and National Semiconductor Corporation.

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For 10 years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

This press release contains forward-looking statements, including expectations regarding opportunities presented by AI, strategic objectives, business prospects, technology and product developments, shareholder value and other statements using words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “will,” and words of similar import and the negatives thereof. Forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside Cadence’s control, and which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements, including, among others: (i) Cadence’s ability to compete successfully in the highly competitive industries in which it operates and realize the benefits of its investments in research and development, including opportunities presented by AI; (ii) the success of Cadence’s efforts to maintain and improve operational efficiency and growth; (iii) economic, geopolitical and industry conditions, including that of the semiconductor and electronics industries, government regulations and trade restrictions, and rising tensions and conflicts around the world such as in the Middle East and with respect to Taiwan; and (iv) Cadence’s acquisition of other companies, businesses or technologies or the failure to successfully integrate and operate them. For a detailed discussion of these and other cautionary statements related to Cadence’s business, please refer to Cadence’s filings with the U.S. Securities and Exchange Commission, including its most recent report on Form 10-K, subsequent reports on Form 10-Q and future filings. All forward-looking statements in this press release are based on management's expectations as of the date of this press release and, except as required by law, Cadence disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2024 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Category: Featured

For more information, please contact:

Cadence Newsroom

408-944-7039

newsroom@cadence.com

Source: Cadence Design Systems, Inc.

FAQ

When will Moshe Gavrielov join Cadence's (CDNS) board of directors?

Moshe Gavrielov will join Cadence's board of directors effective January 1, 2025.

What other major companies' boards does CDNS's new director Moshe Gavrielov serve on?

Moshe Gavrielov currently serves on the boards of NXP Semiconductors and Taiwan Semiconductor Manufacturing Company (TSMC), and chairs the boards of Foretellix and SiMa.ai.

What was Moshe Gavrielov's previous role at Cadence (CDNS)?

Gavrielov previously served as executive vice president and general manager of Cadence's verification division from 2005 to 2007.

What was Moshe Gavrielov's achievement as CEO of Xilinx?

As CEO of Xilinx from 2008 to 2018, Gavrielov led the company's transformation from an FPGA supplier to a leader in delivering 'All Programmable' solutions, expanding market presence and technological influence.

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