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| 8-K - FORM 8-K - CADENCE DESIGN SYSTEMS INC | f58390e8vk.htm |
Exhibit 99.01
Cadence Elects Susan L. Bostrom to Board of Directors
Veteran Management and Marketing Executive Rejoins Cadence Board
SAN JOSE, Calif. — February 16, 2011 — Cadence Design Systems, Inc. (NASDAQ: CDNS) announced the
election of Susan L. Bostrom to its Board of Directors. Bostrom brings more than 25 years of
operational and leadership expertise to the board, having most recently served as Executive Vice
President, Chief Marketing Officer, Worldwide Government Affairs, at Cisco Systems, Inc. As a
member of Cadence’s eight person board, Bostrom brings a deep understanding of Cadence’s customer
requirements.
“We are very pleased and honored to have Sue Bostrom rejoin the board,” said John B. Shoven,
Ph.D., chairman of the board of directors. “Sue’s deep leadership, operational and strategic
marketing experience will bolster our commitment to innovation and winning through customer success
as we build on the momentum of our EDA360 vision. Having previously served on Cadence’s board, Sue
brings a historical perspective to the board as well as a macro view of today’s complex electronics
ecosystem from her 14 year tenure at Cisco.”
Previously, Bostrom served in senior management positions at FTP Software, Inc., National
Semiconductor Corporation and McKinsey & Company. Bostrom currently serves on the board of
directors for Varian Medical Systems, Inc., Stanford Hospital and Clinics and Georgetown
University. She also serves on the Advisory Board of the Stanford Institute for Economic Policy
Research and the Advisory Council of the Stanford Graduate School of Business. Bostrom served on
the Cadence board of directors from 2001 until 2005.
About Cadence
Cadence enables global electronic-design innovation and plays an essential role in the
creation of today’s integrated circuits and electronics. Customers use Cadence® software and
hardware, methodologies, and services to design and verify advanced semiconductors, consumer
electronics, networking and telecommunications equipment, and computer systems. The company is
headquartered in San Jose, Calif., with sales offices, design centers, and research facilities
around the world to serve the global electronics industry. More information about Cadence and its
products and services is available at www.cadence.com.
Cadence and the Cadence logo are registered trademarks of Cadence Design Systems, Inc. All other
trademarks are the property of their respective owners.
For more information, please contact:
Investors and Shareholders
Jennifer Jordan
Cadence Design Systems, Inc.
408-944-7100
investor_relations@cadence.com
Jennifer Jordan
Cadence Design Systems, Inc.
408-944-7100
investor_relations@cadence.com
Media and Industry Analysts
Nancy Szymanski
Cadence Design Systems, Inc.
408-473-8382
nancy@cadence.com
Nancy Szymanski
Cadence Design Systems, Inc.
408-473-8382
nancy@cadence.com
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