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By Svea Herbst-Bayliss
NEW YORK, May 27 (Reuters) – Chip design software maker Synopsys has reached an agreement with activist investor Elliott Investment Management that will give one board seat to the activist investor’s managing partner Jesse Cohn, the company said on Wednesday.
The board is being expanded to 11 members with the appointment of Cohn, who will also join the board’s corporate
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CNA
Business
Synopsys reaches settlement with Elliott, says Jesse Cohn to join board
Synopsys logo is seen in this illustration taken September 9, 2025. REUTERS/Dado Ruvic/Illustration
28 May 2026 04:11AM
(Updated: 28 May 2026 05:28AM)
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Synopsys Appoints Jesse Cohn to Board of Directors
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Synopsys, Inc.
May 27, 2026, 16:06 ET
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SUNNYVALE, Calif., May 27, 2026 /PRNewswire/ -- Synopsys, Inc.(NASDAQ: SNPS) today announced it has entered into a cooperation agreement with Elliott Investment Management L.P. (together with certain affiliates, "Elliott"), including the appointment of Jesse Cohn t
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2026-05-28
Financial Times
SUNNYVALE, Calif. , May 27, 2026 /PRNewswire/ -- Synopsys, Inc.(NASDAQ: SNPS) today announced it has entered into a cooperation agreement with Elliott Investment Management L.P. (together with certain affiliates, "Elliott"), including the appointment of Jesse Cohn to its board of directors as an independent director, effective June 1, 2026. Cohn is a Managing Partner at Elliott with a long track r