How Much Does the Cadence Design Systems CEO Make?
Anirudh Devgan, CEO of Cadence Design Systems, earned $9.1M in total compensation in 2025, including $4.6M in stock awards and $910,350 in base salary.
This page answers a common executive-compensation question: How Much Does the Cadence Design Systems CEO Make?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Anirudh Devgan leads Cadence Design Systems (CDNS), a EDA Software company with approximately 12,000 employees. In the 2025 proxy statement filed with the SEC, Anirudh Devgan's total compensation of $9,103,500 included $910,350 in base salary, $0 in cash bonus, $4,551,750 in stock awards, and $1,092,420 in option awards.
The CEO-to-median-worker pay ratio at Cadence Design Systems is 59:1, meaning the CEO earns 59x the median worker's pay of $155,000. Over the past three years, Cadence Design Systems produced a total shareholder return of 23.0% against 13.8% revenue growth. Our Pay-for-Performance Score rates the alignment as B (70/100).
In the most recent say-on-pay vote, 85.2% of shareholders approved the executive compensation plan. Moderate shareholder support suggests some investor concern with pay practices.
Key Data
| Component | Amount |
|---|---|
| Total Compensation | $9,103,500 |
| Base Salary | $910,350 |
| Stock Awards | $4,551,750 |
| Option Awards | $1,092,420 |
| Non-Equity Incentive | $1,365,525 |
| CEO-to-Worker Pay Ratio | 59:1 |
| Pay-Performance Grade | B |
Other EDA Software CEOs
Frequently Asked Questions
Anirudh Devgan, CEO of Cadence Design Systems, earned $9.1M in total compensation in 2025, including $4.6M in stock awards and $910,350 in base salary.
Anirudh Devgan is the chief executive officer of Cadence Design Systems (CDNS).
The CEO at Cadence Design Systems earns approximately 59 times the median worker's pay of $155,000.
In 2025, total compensation of $9,103,500 was composed of $910,350 base salary, $0 cash bonus, $4,551,750 stock awards, $1,092,420 option awards, and $1,365,525 in non-equity incentive compensation.
Our Pay-for-Performance Score rates Cadence Design Systems as B (70/100), based on three-year total shareholder return of 23.0%, revenue growth of 13.8%, and shareholder say-on-pay vote approval.
Anirudh Devgan, CEO of Cadence Design Systems, earned $9.1M in total compensation in 2025, including $4.6M in stock awards and $910,350 in base salary.
Source: SEC EDGAR DEF 14A proxy statements, 2026.