Form 8-K · Current Report · Filed 2025-11-04
Synopsys Announces Immediate Departure of Chief Revenue Officer
On November 4, 2025, Synopsys, Inc. announced that Rick Mahoney will no longer serve as the Chief Revenue Officer, effective immediately. Synopsys is in advanced stages of its search for a replacement and expects to announce it shortly. Additionally, the company reaffirmed its financial targets for the fourth quarter and full fiscal year 2025 and plans to discuss its financial results during an earnings call on December 10, 2025.
- Filer
- Synopsys Inc. SNPS · NASDAQ
- Filed
- Accession
- 0001193125-25-263692
- CIK
- 0000883241
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Market reaction
Close before filing
$445.72
Next session
-8.2%
Since filing
-12.8%
Latest close
$388.76
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from SNPS reporting the same item, with the next session's move:
About Synopsys Inc.
Synopsys Inc. is a leading provider of electronic design automation software, offering comprehensive solutions essential for designing and testing integrated circuits and electronic systems. Their software facilitates complex chip design processes, catering to a wide spectrum of industries, including semiconductor, automotive, and consumer electronics. One of Synopsys's key offerings is its advanced verification platform, which enhances the reliability and performance of electronic products. The company also plays a pivotal role in advancing chip design technology through its robust intellectual property portfolio, offering Silicon-proven IP that accelerates time-to-market for semiconductor companies. Headquartered in Mountain View, California, Synopsys is integral to the semiconductor design and verification cycle, supporting innovation in various tech sectors. Its tools are indispensable in conducing the unyielding complexity and shrinking design cycles synonymous with modern electronics, underscoring its market significance.
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