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    Sassine Ghazi

    President and CEO at Synopsys Inc
    Board
    Since January 1, 2024
    Age
    54 years
    Education
    Holds a bachelor's degree in Business Administration from Lebanese American University, a B.S.E.E. from the Georgia Institute of Technology, and an M.S.E.E. from the University of Tennessee.
    Tenure
    Joined Synopsys in March 1998 as an applications engineer, progressed through roles in sales and leadership including General Manager for digital and custom products, Chief Operating Officer from August 2020, President in November 2021, and ultimately became President and CEO on January 1, 2024.

    Also at Synopsys Inc

    JFRJ
    John F. Runkel, Jr.
    General Counsel and Secretary
    RM
    Richard Mahoney
    Chief Revenue Officer (CRO)
    SG
    Shelagh Glaser
    Chief Financial Officer (CFO)

    About

    Sassine Ghazi began his career in the semiconductor industry after obtaining a strong educational foundation in business and electrical engineering, starting out as a design engineer at Intel Corporation.

    He joined Synopsys in March 1998 as an applications engineer and steadily advanced through a variety of roles, including key sales positions and leading the largest business group in the company.

    Throughout his tenure at Synopsys, he has demonstrated exceptional leadership and a commitment to operational excellence, transitioning through roles as Chief Operating Officer from August 2020, President in November 2021, and ultimately assuming the role of President and CEO on January 1, 2024, thereby guiding Synopsys into its next phase of growth and innovation.

    $SNPS Performance Under Sassine Ghazi

    Past Roles

    Organization [Citation]Role [Citation]Date Range [Citation]Details [Citation]
    Synopsys Chief Operating Officer (COO) August 2020 - January 2024 Held before becoming President & CEO
    Synopsys General Manager for Digital and Custom Products N/A Led the largest business group in Synopsys prior to his appointment as COO
    Synopsys Leadership of Worldwide Strategic Accounts N/A Held a series of sales positions with increasing responsibility culminating in this role
    Synopsys Applications Engineer March 1998 - N/A Joined Synopsys as an Applications Engineer
    Intel Corporation Design Engineer N/A Worked as a design engineer before joining Synopsys

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$840,000 Annual34.4% increase from 2023 base salary of $625,000; promotion to CEO; set at the 25th percentile for peer roles
    All Other Compensation$4,500 AnnualIncludes 401(k) plan contributions and general employee benefits; no executive-specific perquisites

    Performance Compensation

    Data from  FY 2024

    Annual Cash Incentive Payment (EIP)

    Metric [Unit]Value
    Target Amount ($, Annual)$1,680,000
    Threshold Requirement (Non-GAAP Margin %)26.95 (70.0% of target)
    Maximum Payout ($, Annual)$3,780,000
    Performance Weights (Revenue : Margin)60% : 40%
    Evaluation CriterionMinimum 90% weighted average achievement
    Actual Payout Adjustment Factor147.89% of target

    Equity Awards

    ComponentThreshold (Shares/Units)Target (Shares/Units)Maximum (Shares/Units)Vesting ScheduleGrant Details
    Performance-Based RSUs (PRSUs)10,251 27,334 51,252 Vests 100% after a three-year performance period upon certification Grant Date: Dec 12, 2023; Fair Value: $16,408,327 ; Stock Price: $567.06
    OptionsN/A20,508 options N/AVest over four years: 25% vesting on one-year anniversary, then quarterly vesting Grant Date: Dec 12, 2023; Exercise Price: $567.06 ; Fair Value: $3,750,111
    Restricted Stock Units (RSUs)N/A6,614 N/AVest in four equal annual installments Grant Date: Dec 12, 2023; Fair Value: $3,750,535

    Additional Performance Metrics for Equity Awards:

    • PRSUs are subject to revenue CAGR and rTSR modifier requirements, where achievement levels adjust the number of PRSUs earned.

    Interviews

    Synopsys CEO Sassine Ghazi talks AI demand and quarterly results thumbnail

    Synopsys CEO Sassine Ghazi talks AI demand and quarterly results

    CNBC Television
    3:33 min
    Feb 27, 2025
    Watch
    Sassine Ghazi, Synopsys CEO: A Fortt Knox Update thumbnail

    Sassine Ghazi, Synopsys CEO: A Fortt Knox Update

    Fortt Knox
    11:26 min
    Oct 3, 2024
    Watch
    SNUG 2025: Interview with Synopsys CEO Sassine Ghazi thumbnail

    SNUG 2025: Interview with Synopsys CEO Sassine Ghazi

    EE Times
    6:21 min
    Mar 20, 2025
    Watch
    Synopsys CEO Sassine Ghazi on Q4 results thumbnail

    Synopsys CEO Sassine Ghazi on Q4 results

    CNBC Television
    4:59 min
    Dec 4, 2024
    Watch
    Synopsys CEO Sassine Ghazi goes one-on-one with Jim Cramer thumbnail

    Synopsys CEO Sassine Ghazi goes one-on-one with Jim Cramer

    CNBC Television
    6:38 min
    Mar 19, 2024
    Watch
    Synopsys CEO talks $35 billion Ansys deal thumbnail

    Synopsys CEO talks $35 billion Ansys deal

    CNBC Television
    4:32 min
    Jan 16, 2024
    Watch
    Synopsys CEO on Q3 earnings thumbnail

    Synopsys CEO on Q3 earnings

    CNBC Television
    5:01 min
    Aug 22, 2024
    Watch
    [WAIC 2024 Moments] Sassine Ghazi: Responsible AI-A Silicon Design Perspective thumbnail

    [WAIC 2024 Moments] Sassine Ghazi: Responsible AI-A Silicon Design Perspective

    WAIC-World Artificial Intelligence Conference
    8:47 min
    Sep 20, 2024
    Watch
    Sassine Ghazi: Synopsys in Armenia thumbnail

    Sassine Ghazi: Synopsys in Armenia

    EVN Report
    16:41 min
    Oct 8, 2024
    Watch
    Synopsys CEO on Q2 earnings beat thumbnail

    Synopsys CEO on Q2 earnings beat

    CNBC Television
    5:55 min
    May 23, 2024
    Watch
    Synopsys CEO on earnings, AI growth and chip-maker demand thumbnail

    Synopsys CEO on earnings, AI growth and chip-maker demand

    CNBC Television
    4:03 min
    Feb 22, 2024
    Watch
    Ep. 242: Synopsys CEO Sassine Ghazi, NVIDIA, Palo Alto Networks and Analog Devices. thumbnail

    Ep. 242: Synopsys CEO Sassine Ghazi, NVIDIA, Palo Alto Networks and Analog Devices.

    Six Five Media
    39:10 min
    Feb 24, 2024
    Watch
    Sassine Ghazi, incoming Synopsys CEO: A Fortt Knox Update thumbnail

    Sassine Ghazi, incoming Synopsys CEO: A Fortt Knox Update

    Fortt Knox
    16:46 min
    Sep 6, 2023
    Watch
    Making Markets EP49: The Future of Silicon: Sassine Ghazi’s Vision as the New CEO of Synopsys thumbnail

    Making Markets EP49: The Future of Silicon: Sassine Ghazi’s Vision as the New CEO of Synopsys

    Making Markets Podcast
    29:36 min
    Jan 17, 2024
    Watch
    We're mission critical to the chip design industry and Nvidia, says Synopsys CEO thumbnail

    We're mission critical to the chip design industry and Nvidia, says Synopsys CEO

    CNBC Television
    2:36 min
    Mar 19, 2024
    Watch
    Synopsys CEO: We're already seeing benefit of rapid AI adoption thumbnail

    Synopsys CEO: We're already seeing benefit of rapid AI adoption

    Yahoo Finance
    6:14 min
    May 23, 2024
    Watch