Summary
Synopsys, Inc. (SNPS) filed an 8-K on November 1, 2005, to report a change in its principal accounting officer. Effective October 31, 2005, Geoffrey E. Sloma was appointed Vice President, Finance and Corporate Controller and Principal Accounting Officer, succeeding Rex S. Jackson who held the title in an acting capacity. Mr. Sloma brings extensive financial experience to the role, having joined Synopsys in 2000 as Vice President of Internal Audit. His prior experience includes significant financial leadership positions at SABRE Inc., Memorex Telex Corporation, and Hewlett Packard Company in Europe. Investors can view this appointment as a move to solidify the company's financial reporting structure with a permanent Principal Accounting Officer.
Key Highlights
- 1Appointment of Geoffrey E. Sloma as Vice President, Finance and Corporate Controller and Principal Accounting Officer, effective October 31, 2005.
- 2Mr. Sloma has been with Synopsys since August 2000, serving as Vice President, Internal Audit.
- 3Mr. Sloma possesses a strong financial background with prior experience at SABRE Inc., Memorex Telex Corporation, and Hewlett Packard Company.
- 4There are no disclosed family relationships between Mr. Sloma and other company executives or directors.
- 5No specific employment agreement between Mr. Sloma and Synopsys was disclosed in this filing.
- 6The filing does not detail the departure reasons or future plans of the previous acting Principal Accounting Officer, Rex S. Jackson.