8-KOther Events

CADENCE DESIGN SYSTEMS INC 8-K Report (Feb 11, 2004)

Filed February 11, 2004For Securities:CDNS

Summary

Cadence Design Systems, Inc. (CDNS) filed an 8-K on February 11, 2004, to announce a significant addition to its Board of Directors. The filing includes a press release dated February 10, 2004, detailing the election of Lip-Bu Tan as a new director. This event is being disclosed under Regulation FD, ensuring all investors receive the information simultaneously. For investors, the appointment of a new board member like Lip-Bu Tan can signal changes in strategic direction, governance, or operational focus. Investors should review Mr. Tan's background and experience, as provided in the incorporated press release, to assess his potential impact on Cadence's future performance and corporate strategy.

Key Highlights

  • 1Cadence Design Systems, Inc. announced the election of Lip-Bu Tan to its Board of Directors.
  • 2The announcement was made via a press release filed with the SEC on February 10, 2004.
  • 3This filing is an 8-K Current Report, indicating a material event.
  • 4The disclosure adheres to Regulation FD, ensuring broad public dissemination of information.
  • 5Lip-Bu Tan's appointment is the primary subject of the filing.
  • 6The press release detailing Mr. Tan's background is incorporated by reference.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce the election of Lip-Bu Tan to the Board of Directors of Cadence Design Systems, Inc.

The filing itself does not provide details on Lip-Bu Tan's background or the specific reasons for his appointment. This information is expected to be found in the press release (Exhibit 99.1) which is incorporated by reference. Investors should consult this exhibit to understand his qualifications and the potential impact of his joining the board.

The filing is made under Regulation FD (Fair Disclosure) to ensure that any material information, such as the appointment of a new director, is broadly disseminated to the public at the same time, preventing selective disclosure to certain investors.

More detailed information about Lip-Bu Tan and the circumstances surrounding his election to the Board of Directors can be found in Exhibit 99.1, which is the press release issued by Cadence Design Systems, Inc. on February 10, 2004.