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Is Cadence preparing for a change at the top?
Dylan McGrath, EETimes
8/1/2011 3:57 PM EDT
John Bruggeman, the face and voice of Cadence Design Systems Inc. for most of his two-year tenure as the EDA vendor's chief marketing officer, is suddenly out the door (almost), and at least one analyst thinks the move portends a change in leadership at the firm.
Gary Smith, principal analyst at Gary Smith EDA, said the surprising departure of Bruggeman—who will remain at Cadence as a "non-executive employee" through Aug. 14—is part of a reorganization of marketing functions to pave the way for CEO Lip-Bu Tan to hand the reins to Charlie Huang, Cadence's senior vice president of worldwide operations.
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