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Synopsys Announces Aart de Geus and Chi-Foon Chan to Become Co-CEOs

MOUNTAIN VIEW, Calif. May 23, 2012 Aart de Geus Chi-Foon Chan

"Chi-Foon and I have worked successfully as a close-knit team for over a decade to help elevate Synopsys into its present leadership position," said de Geus. "Synopsys has excellent technical, market and financial strengths, as well as a management team capable of scaling the company for continued growth, portfolio broadening and globalization. Explicitly sharing the CEO position is both galvanizing and timely as we now focus on setting the company’s direction for the next decade of growth and customer focus."

"I am excited about addressing the opportunities that we see ahead for our company," said Chan. "Synopsys has many talented employees who are dedicated to helping our customers achieve their goals. Building on the entrepreneurial spirit of our management, the execution strength of our worldwide teams, and the healthy technical and economic position of the company, Aart and I look forward to leading the company into its next phase of customer impact and growth."

USA

About Synopsys

Mountain View, California North America Europe Japan Asia India http://www.synopsys.com/

Forward-Looking Statements

January 31

EDITORIAL CONTACT
Sheryl Gulizia

[email protected]

INVESTOR CONTACT
Lisa L. Ewbank

[email protected]

SOURCE Synopsys, Inc.

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