Synopsys appoints former Deloitte executive Peter Shimer to board of directors
On February 14, 2026, Synopsys increased its board from eleven to twelve directors and appointed Peter A. Shimer, a former senior executive at Deloitte, as a director and Audit Committee member. The board also decided not to renominate directors Luis Borgen and Dr. Ajei Gopal, who will remain on the board through the 2026 Annual Meeting of Stockholders. The filing contains no financial results or guidance.
Key points
- Board size increased from eleven to twelve directors; Shimer appointed effective immediately and will serve on the Audit Committee
- Shimer receives a $140,000 annual cash retainer, a $350,000 initial restricted stock award vesting over three years, and a prorated interim restricted stock award based on a $200,000 annual award
- Luis Borgen and Dr. Ajei Gopal will not be renominated and will serve through the 2026 Annual Meeting of Stockholders
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits 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 February 19, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.