Lip-Bu Tan
2019
In 2019, Lip-Bu Tan earned a total compensation of $19.1M as Chief Executive Officer at Cadence Design Systems, a 153% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,137,596 |
|---|---|
| Option Awards | $2,996,685 |
| Salary | $725,000 |
| Stock Awards | $14,275,220 |
| Other | $12,055 |
| Total | $19,146,556 |
Tan received $14.3M in stock awards, accounting for 75% of the total pay in 2019.
Tan also received $1.1M in non-equity incentive plan, $3M in option awards, $725K in salary and $12.1K in other compensation.
Rankings
In 2019, Lip-Bu Tan's compensation ranked 173rd out of 13,971 executives tracked by ExecPay. In other words, Tan earned more than 98.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 173 out of 13,971 | 99th |
Division Services | 51 out of 2,389 | 98th |
Major group Business Services | 39 out of 1,581 | 98th |
Industry group Computer Programming, Data Processing, And Other Computer Related Services | 25 out of 994 | 98th |
Industry Prepackaged Software | 17 out of 533 | 97th |
Pay ratio
| Lip-Bu Tan's Pay | $19,146,556 |
|---|---|
| Median Employee's Pay | $100,773 |
| Pay Ratio | 190to 1 |
In 2019, the annual total compensation of Lip-Bu Tan was $19,146,556.
The annual total compensation of the median employee at Cadence Design Systems was $100,773.
The ratio of Lip-Bu Tan's pay to the pay of median employee was therefore 190 to one.
Source: SEC filing on March 20, 2020.
Tan's colleagues
We found four more compensation records of executives who worked with Lip-Bu Tan at Cadence Design Systems in 2019.