Published on 26 Apr 2024 on Simply Wall St. via Yahoo Finance
Cadence Design Systems, Inc.'s (NASDAQ:CDNS) CEO Will Probably Have Their Compensation Approved By...
Key Insights
Cadence Design Systems to hold its Annual General Meeting on 2nd of MayTotal pay for CEO Anirudh Devgan includes US$750.0k salaryThe overall pay is comparable to the industry average Cadence Design Systems' EPS grew by 17% over the past three years while total shareholder return over the past three years was 108%
We have been pretty impressed with the performance at Cadence Design Systems, Inc. (NASDAQ:CDNS) recently and CEO Anirudh Devgan deserves a mention for their role in it. Shareholders will have this at the front of their minds in the upcoming AGM on 2nd of May. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. Here is our take on why we think CEO compensation is not extravagant.