The estimated Net Worth of Lip Bu Tan is at least $168 Millón 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 y Director at Cadence Design Systems.
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 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.
As the Chief Executive Officer y 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.
Lip Tan is 60, he's been the Chief Executive Officer y 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.
Lip's mailing address filed with the SEC is C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA, CA, 95054.
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 y 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.
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Cadence Design Systems executives and other stock owners filed with the SEC include: