CEO Salary & Executive Compensation
Cadence Design Systems CDNS
CEO: Anirudh Devgan · EDA Software · 12,000 employees
Anirudh Devgan, CEO of Cadence Design Systems (CDNS), earned $9.1M in total compensation in 2025. Cadence Design Systems receives a Pay-for-Performance grade of B (70/100), with a CEO-to-worker pay ratio of 59:1 and a say-on-pay shareholder approval of 85.2%. The company's 3-year total shareholder return is +23.0%.
How Cadence Design Systems CEO Pay Compares
Anirudh Devgan's $9.1M total compensation is 49% below the EDA Software industry median of $17.9M. The 59:1 CEO-to-worker pay ratio is 32% lower than the industry average of 87:1.
Anirudh Devgan, CEO of Cadence Design Systems (CDNS), received $9.1M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.
The CEO-to-median-worker pay ratio runs 59x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been positive over the three-year window: TSR of 23.0% alongside 13.8% revenue growth. Compensation packages tied to relative TSR or absolute return benchmarks would have vested at or near target levels with this performance profile.
Shareholders supported the compensation package at 85% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Cadence Design Systems operates in EDA Software with 12,000 employees and $4.5B in annual revenue, and currently carries a market capitalization of $80.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Cadence Design Systems (CDNS).
Compensation Breakdown
Anirudh Devgan's $9.1M total compensation package for fiscal year 2025 includes $910K in base salary, $4.6M in stock awards, $1.1M in option awards, and $1.4M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $910K | - | $4.6M | $1.1M | $1.4M | $1.0M | $9.1M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
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Anirudh Devgan, CEO of Cadence Design Systems (CDNS), earns $9.1M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Anirudh Devgan, CEO of Cadence Design Systems (CDNS), earns $9.1M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Cadence Design Systems has a Pay-for-Performance Score of B (70/100). The company's 3-year total shareholder return is +23.0%, and the say-on-pay shareholder vote passed with 85.2% approval.
The CEO-to-median-worker pay ratio at Cadence Design Systems is 59:1. The median worker at Cadence Design Systems earns $155K per year, while CEO Anirudh Devgan earns $9.1M in total compensation.
Cadence Design Systems employs approximately 12,000 people. The company operates in the EDA Software industry within the Technology sector, generating $4.5B in annual revenue.