Lip-Bu Tan Net Worth

The estimated Net Worth of Lip Bu Tan is at least $168 Million dollars as of 7 May 2024. Mr. Tan owns over 9,607 units of Cadence Design Systems stock worth over $4,211,695 and over the last 21 years he sold CDNS stock worth over $144,971,640. In addition, he makes $19,146,600 as Chief Executive Officer and Director at Cadence Design Systems.

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Mr. Tan CDNS stock SEC Form 4 insiders trading

Lip has made over 145 trades of the Cadence Design Systems stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 9,607 units of CDNS stock worth $2,543,165 on 7 May 2024.

The largest trade he's ever made was exercising 895,174 units of Cadence Design Systems stock on 11 February 2015 worth over $3,822,393. On average, Lip trades about 34,058 units every 28 days since 2003. As of 7 May 2024 he still owns at least 15,910 units of Cadence Design Systems stock.

You can see the complete history of Mr. Tan stock trades at the bottom of the page.

Lip-Bu Tan biography

Lip-Bu Tan serves as Chief Executive Officer, Director of the Company. Mr. Tan has served as Chief Executive Officer of Cadence since January 2009. From January 2009 to November 2017, Mr. Tan also served as President of Cadence. In 1987, Mr. Tan founded Walden International, an international venture capital firm, and has served as its Chairman since its founding. Mr. Tan also serves as a director of Advanced Micro-Fabrication Equipment Inc. China (AMEC), Hewlett Packard Enterprise Company and Schneider Electric SE. Mr. Tan will not stand for re-election to AMEC’s board of directors at its 2020 annual meeting of stockholders. Mr. Tan served as a director of Flextronics International Ltd. from 2003 to 2012, Inphi Corporation from 2002 to 2012, SINA Corporation from 1999 to 2015, Ambarella, Inc. from 2004 to 2017, Quantenna Communications, Inc. from 2015 to 2018, Semiconductor Manufacturing International Corporation from 2001 to 2018 and Aquantia Corp. from 2015 to 2019.

What is the salary of Lip Tan?

As the Chief Executive Officer and Director of Cadence Design Systems, the total compensation of Lip Tan at Cadence Design Systems is $19,146,600. There are no executives at Cadence Design Systems getting paid more.

How old is Lip Tan?

Lip Tan is 60, he's been the Chief Executive Officer and Director of Cadence Design Systems since 2017. There are 8 older and 15 younger executives at Cadence Design Systems. The oldest executive at Cadence Design Systems, Inc. is James Plummer, 75, who is the Independent Director.

What's Lip Tan's mailing address?

Lip's mailing address filed with the SEC is C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA, CA, 95054.

Insiders trading at Cadence Design Systems

Over the last 22 years, insiders at Cadence Design Systems have traded over $376,078,598 worth of Cadence Design Systems stock and bought 151,000 units worth $1,622,710 . The most active insiders traders include H Raymond Bingham, Lip Bu Tan, and Moshe Gavrielov. On average, Cadence Design Systems executives and independent directors trade stock every 10 days with the average trade being worth of $8,238,616. The most recent stock trade was executed by Paul Cunningham on 3 September 2024, trading 650 units of CDNS stock currently worth $173,479.

What does Cadence Design Systems do?

cadence is a leading provider of eda and semiconductor ip. our custom/analog tools help engineers design the transistors, standard cells, and ip blocks that make up socs. our digital tools automate the design and verification of giga-scale, giga-hertz socs at the latest semiconductor processing nodes. our ic packaging and pcb tools permit the design of complete boards and subsystems. cadence also offers a growing portfolio of design ip and verification ip for memories, interface protocols, analog/mixed-signal components, and specialized processors. and reaching up to the systems level, cadence offers an integrated suite of hardware/software co-development platforms. in short, cadence® technology helps customers build great products that connect the world.

Complete history of Mr. Tan stock trades at Ambarella Inc, Cadence Design Systems, Flex Ltd, Intel, Sina, Hewlett Packard Enterprise Co, and Inphi Corp

Cadence Design Systems executives and stock owners

Cadence Design Systems executives and other stock owners filed with the SEC include:

• Lip-Bu Tan,
  Chief Executive Officer, Director
• Anirudh Devgan,
  President
• Neil Zaman,
  Senior Vice President- World Wide Field Operations
• John Wall,
  Chief Financial Officer, Senior Vice President
• Thomas Beckley,
  Senior Vice President - Research and Development
• Surendra Mandava,
  Senior Vice President - Research and Development
• Lip-Bu Tan,
  Exec. Chairman
• Dr. Anirudh Devgan Ph.D.,
  CEO, Pres & Director
• Aneel Zaman,
  Sr. VP & Chief Revenue Officer
• John M. Wall,
  Sr. VP & CFO
• Thomas P. Beckley,
  Sr. VP and GM of Custom IC & PCB Group
• Dr. Chin-Chi Teng Ph.D.,
  Sr. VP of R&D
• Alinka Flaminia,
  Sr. VP, Chief Legal Officer & Corp. Sec.
• John Shoven,
  Independent Chairman of the Board
• Susan Bostrom,
  Independent Director
• James Plummer,
  Independent Director
• Mark Adams,
  Independent Director
• Young Sohn,
  Director
• Alberto Sangiovanni-Vincentelli,
  Independent Director
• Alan Lindstrom,
  Senior Group Director, IR Contact Officer
• Lewis Chew,
  Independent Director
• Ita Brennan,
  Independent Director
• Chin-Chi TENG,
  Senior Vice President - Research and Development
• Alinka Flaminia,
  Senior Vice President, Chief Legal Officer and Corporate Secretary
• Karna Nisewaner,
  Corp. VP, Gen. Counsel & Sec.
• Richard Gu,
  VP of Investor Relations
• Christina Rooke Jones,
  Sr. VP of Global HR
• Nimish H. Modi,
  Sr. VP of Marketing & Bus. Devel.
• James Haddad,
  Corp. VP of Corp. Fin. & Treasurer
• Ariel Sella,
  Co-Founder
• Roger S Siboni,
  Director
• Aneel Zaman,
  Sr. Vice President
• James J Cowie,
  Sr. VP, General Counsel
• Geoffrey G Ribar,
  Senior Vice President, CFO
• George Scalise,
  Director
• Chi Ping Hsu,
  Corporate Vice President, PTO
• Paul Cunningham,
  Sr. Vice President
• Mary Agnes Wilderotter,
  Director
• Martin Lund,
  Sr VP of Research Development
• Charlie X. Huang,
  Sr.Vice President
• Pieter Vorenkamp,
  Sr. Vice President
• Nimish Harsukh Modi,
  Sr. Vice President - R&D
• John A Swainson,
  Director
• Donald L Lucas,
  Director
• John J Bruggeman,
  Sr.VP, Chief Marketing Officer
• Thomas A. Cooley,
  Sr.VP, WFO
• Kevin S. Palatnik,
  Sr.VP, CFO
• James S Jr Miller,
  Sr. Vice President, R&D
• R L Smith Mckeithen,
  Sr. VP, Gen. Counsel & Secty.
• William Porter,
  Chief Financial Officer
• Michael J Fister,
  President, CEO
• Kevin Bushby,
  Exec VP - WW Field Operations
• Moshe Gavrielov,
  EVP, GM, Verification Division
• Penny Herscher,
  VP and Chief Mktg. Officer
• Lavi Lev,
  Exec. VP, Implementation Group
• H Raymond Bingham,
  Pres.,Chief Exec.Officer
• Sean Maloney,
  Director
• Julia Liuson,
  Director
• Paul Scannell,
  Sr. Vice President
• Mary L Krakauer,
  Director
• Karna Nisewaner,
  SVP & General Counsel