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AI brief of an SEC Form 8-K · Cadence Design Systems (CDNS)

Cadence Appoints Moshe Gavrielov to Board of Directors, Effective January 1, 2025

Neutral Impact 2 of 5 leadership Written later

Cadence Design Systems appointed Moshe Gavrielov, former CEO of Xilinx, as a director effective January 1, 2025, adding a board member with prior executive experience at Cadence and other semiconductor companies. The board has not yet set his committee assignments, and his stock award carries a grant date fair value of $80,219.

Key points

  • Board appointment effective January 1, 2025; committee assignments not yet determined
  • Incentive stock award grant date fair value of $80,219, fully vesting on the earlier of May 2, 2025 or the 2025 annual meeting
  • Gavrielov was Xilinx president and CEO from 2008 to 2018 and led Cadence's verification division from 2005 to 2007

The filing

CompanyCadence Design Systems (CDNS)
Form8-K, current report
Filed with the SECDec 12, 2024, 4:20 PM ET
Accession number0000813672-24-000209

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.