Meet Anirudh Devgan, IIT Delhi alumnus CEO of Rs 525,000 crore firm, his salary is… | Photo: Cadence
Anirudh Devgan is a distinguished laptop scientist and alumnus of the distinguished Indian Institute of Technology (IIT), Delhi. He is right this moment the CEO of software program big Cadence Design Systems, which has a market cap of over Rs 5,25,000 crore ($64 billion).
From being raised contained in the IIT campus the place his father was a professor, Devgan selected to hitch the company world as an alternative of protecting with his educational roots. He did his education from Delhi Public School (DPS) after which pursued electrical engineering from IIT Delhi itself. Devgan then left India for the US the place he did masters and PhD in Electrical and Computer Engineering from Carnegie Mellon University.
Anirudh Devgan started his skilled journey with the legendary IT firm IBM. After over a decade working in varied IBM divisions in analysis and administration, Anirudh had a 6-year stint at Magma Design Automation.
Devgan climbed at Cadence to turn out to be President in 2017 and was finally elevated to the board of administrators and CEO put up in 2021. Silicon Valley-based Devgan joined the likes of Microsoft’s Satya Nadella, Google’s Sundar Pichai, Arista’s Jayshree Ullal and IBM’s Arvind Krishna as an Indian CEO of an American tech big.
When Devgan turned CEO, he was awarded base Salary $725,000 with a Target Bonus of 125% of base salary. He was additional given promotion grant inventory choice of worth equal to $15 million. In 2021, Devgan gained the distinguished Phil Kaufman Award.
