Cadence Elects Ita Brennan and Lewis Chew to Board of Directors
March 16 2020 - 4:05PM
Business Wire
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the
election of Ita Brennan and Lewis Chew to its board of directors,
effective March 15, 2020. Ms. Brennan is senior vice president,
chief financial officer at Arista Networks, Inc., which provides
software-driven cognitive cloud computing for the large-scale data
center and campus environment. Mr. Chew is executive vice president
and chief financial officer at Dolby Laboratories, Inc., which
creates audio and imaging technologies that transform entertainment
and communications at the cinema, home and work and on mobile
devices.
“We are honored to welcome Ita Brennan and Lewis Chew to our
board of directors,” said John B. Shoven, Ph.D., Cadence’s chairman
of the board. “Cadence is committed to providing our customers with
innovative solutions that enable them to develop their
transformational products. Ita and Lewis’s financial expertise will
augment the board’s strength in this area, and their deep industry
knowledge and strong customer relationships will provide valuable
strategic and operational insights to further strengthen Cadence’s
position in existing and emerging market segments.”
Prior to joining Arista in 2015, Ms. Brennan served in a number
of key finance roles, including chief financial officer for
QuantumScope Corporation, a designer and manufacturer of
solid-state lithium metal batteries, from 2014 to 2015, and chief
financial officer for Infinera Corporation, an intelligent
transport networking company, from 2006 to 2014. Prior to 2006, Ms.
Brennan held various roles at Maxtor Corporation, a storage
solutions company, including vice president of finance for Maxtor’s
worldwide operations. Ms. Brennan is a fellow of the Institute of
Chartered Accountants and an alumna of Deloitte and Touche, an
accounting firm, in both Ireland and the U.S.
Prior to joining Dolby Laboratories in 2012, Mr. Chew served as
senior vice president of finance and chief financial officer of
National Semiconductor Corporation, a designer and manufacturer of
semiconductor components, from 2001 to 2011. Prior to joining
National Semiconductor, Mr. Chew was a partner at KPMG LLP, an
accounting firm. He has been recognized five times as one of
America's best CFOs by Institutional Investor magazine in its
annual ranking. In 2009, Mr. Chew was a finalist for the Bay Area
CFO of the Year Award, and in 2002, Treasury & Risk magazine
named him one of the nation's top 40 finance executives under the
age of 40.
About Cadence
Cadence is a pivotal leader in electronic design, building upon
more than 30 years of computational software expertise. The company
applies its underlying Intelligent System Design strategy to
deliver software, hardware and IP that turn design concepts into
reality. Cadence customers are the world’s most innovative
companies, delivering extraordinary electronic products from chips
to boards to systems for the most dynamic market applications
including consumer, hyperscale computing, 5G communications,
automotive, aerospace, industrial and health. For six years in a
row, Fortune Magazine has named Cadence one of the 100 Best
Companies to Work For. Learn more at www.cadence.com.
© 2020 Cadence Design Systems, Inc. All rights reserved
worldwide. Cadence, the Cadence logo and the other Cadence marks
found at www.cadence.com/go/trademarks are trademarks or registered
trademarks of Cadence Design Systems, Inc. All other trademarks are
the property of their respective owners.
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