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Tech Industry

Short Take: Cadence CFO elected to board of directors

Software tools provider Cadence Design Systems announced that CFO and executive vice president H. Raymond "Ray" Bingham has been unanimously elected to the company's board of directors, a seven-member team chaired by venture capitalist Donald L. Lucas. Since joining Cadence in 1993, Bingham has played a key role in implementing business processes and strategies to maintain the company's profitability during its transition from a software tools company to a complete solutions provider for the electronics industries.

    Software tools provider Cadence Design Systems announced that CFO and executive vice president H. Raymond "Ray" Bingham has been unanimously elected to the company's board of directors, a seven-member team chaired by venture capitalist Donald L. Lucas. Since joining Cadence in 1993, Bingham has played a key role in implementing business processes and strategies to maintain the company's profitability during its transition from a software tools company to a complete solutions provider for the electronics industries.