Lip-Bu Tan
2016
In 2016, Lip-Bu Tan earned a total compensation of $7.6M as President and Chief Executive Officer at Cadence Design Systems, a 28% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $806,086 |
|---|---|
| Option Awards | $2,920,000 |
| Salary | $650,000 |
| Stock Awards | $3,221,420 |
| Other | $13,230 |
| Total | $7,610,736 |
Tan received $3.2M in stock awards, accounting for 42% of the total pay in 2016.
Tan also received $806.1K in non-equity incentive plan, $2.9M in option awards, $650K in salary and $13.2K in other compensation.
Rankings
In 2016, Lip-Bu Tan's compensation ranked 813th out of 14,075 executives tracked by ExecPay. In other words, Tan earned more than 94.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 813 out of 14,075 | 94th |
Division Services | 139 out of 2,283 | 94th |
Major group Business Services | 103 out of 1,497 | 93rd |
Industry group Computer Programming, Data Processing, And Other Computer Related Services | 72 out of 918 | 92nd |
Industry Prepackaged Software | 45 out of 479 | 91st |
Source: SEC filing on March 23, 2017.
Tan's colleagues
We found four more compensation records of executives who worked with Lip-Bu Tan at Cadence Design Systems in 2016.
2016
Pieter Vorenkamp
Cadence Design Systems
Former Senior Vice President, Research and Development
2016
Anirudh Devgan
Cadence Design Systems
Executive Vice President, Research and Development
2016
Neil Zaman
Cadence Design Systems
Senior Vice President, Worldwide Field Operations
2016
Geoffrey Ribar
Cadence Design Systems