SAN JOSE, Calif. If there was any doubt that Mike Fister runs Cadence Design Systems Inc., that ended Tuesday (Nov. 16). Cadence announced a new management team led by former Intel executives Jim Miller, Ajay Malhotra, and Craig Johnson, along with the replacement of general managers Lavi Lev and Ping Chao.
Lavi Lev, the former executive vice president and general manager of the Implementation Division, has resigned. Ping Chao, formerly the executive vice president and general manager of the Design and Verification Division, will now assume the role of senior advisor to the executive chairman and executive team. Chao will focus on opportunities around emerging technologies, the company said.
The company said its Implementation and Design and Verification divisions will become consolidated into a single organization to "drive product development excellence and improve consistency across all products."
That new division will led by Jim Miller, senior vice president of Development, a 20-year industry veteran who has held engineering and management positions at Intel Corp., Broadcom Corp., and Silicon Spice.
Meanwhile, Ajay Malhotra has been appointed the senior vice president of Product Marketing. According to the company, Malhotra will focus on all elements of technology and product marketing to drive the transformation from a point product to integrated kit focus, and ensure that customer requirements are at the forefront of all Cadence product offerings, the company said.
Malhotra was formerly co-general manager of Enterprise Marketing and Planning in Intel's Enterprise Platforms Group.
Business Development at Cadence will now be run by Craig Johnson, who will serve as vice president of that division. Johnson was most recently director of Strategic Marketing in Intel's Enterprise Platforms Group.
Along with Penny Herscher, who resigned a year ago due to health reasons, both Chao and Lev were key technology and strategy advisors to Cadence's former president and CEO, and now chairman, Ray Bingham.
The three executives were pivotal in helping Cadence acquire companies such as Silicon Perspective, Plato Design, Get2Chip and Simplex Solutions to piece together an implementation tool flow to compete with Synopsys and Magma Design Automation.
Cadence completed that task earlier this year and promptly hired Fister from Intel to further that momentum. Fister, unlike Bingham, boasts an engineering background and likely didn't require Chao and Lev in their former capacity.