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4-Traders Homepage  >  Equities  >  Nasdaq  >  Cadence Design Systems Inc    CDNS

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CADENCE DESIGN SYSTEMS INC : Change in Directors or Principal Officers (form 8-K)

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03/23/2017 | 09:09pm CET

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.



(b) As of March 23, 2017, George M. Scalise has decided to retire from the Board

     of Directors (the "Board") of Cadence Design Systems, Inc. and not stand for
     re-election at the 2017 Annual Meeting of Stockholders, which is scheduled
     to be held on May 4, 2017 (the "Annual Meeting"). Mr. Scalise intends to
     serve on the Board until the Annual Meeting.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

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Financials ($)
Sales 2017 1 930 M
EBIT 2017 475 M
Net income 2017 262 M
Finance 2017 37,4 M
Yield 2017 -
P/E ratio 2017 34,34
P/E ratio 2018 30,89
EV / Sales 2017 4,57x
EV / Sales 2018 4,23x
Capitalization 8 859 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 29,7 $
Spread / Average Target -6,6%
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Managers
NameTitle
Lip-Bu Tan President, Chief Executive Officer & Director
John B. Shoven Chairman
Geoffrey G. Ribar Chief Financial Officer & Senior Vice President
Neil Kole Chief Information Officer & SVP
Roger S. Siboni Independent Director
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