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What’s clear is that the software industry, while dependent on innovation, also prides itself on stability. If Davern has an advantage, he’s held a variety of positions in finance at NI dating to 1997, and he’s been Cashman’s right-hand as COO and CFO since 2010. Come Jan 1., when Alex Davern takes the reins, it will be as chief executive and president of a $1.2 billion firm employing more than 2,000 workers worldwide. As a researcher at the University of Texas, James Truchard cofounded National Instruments in his garage in 1976. In NI’s case, it’s in some ways an even bigger transition. On his watch, Ansys’s revenues have grown from $50 million to almost $1 billion. Gopal’s been a familiar face around the company, however, having joined its board in 2011.Ĭashman joined Ansys as president in 1999, and was named CEO a year later. Gopal CEO-in-waiting, succeeding longtime head Jim Cashman. That’s why it’s was so unusual this week when, on the same day this week, Ansys and NI each named the successors to their respective thrones.Īnsys appointed Dr. Ajei S. But for a shareholder revolt in 2012, however, Nick Martin, who founded the company in 1985, might still be in charge. His counterpart at Cadence, Lip Bu Tan, has been in place since 2009.Īltium has had three chiefs in its existence, the most recent being Aram Mirkazemi, who was installed in 2014. Wally Rhines has run Mentor Graphics since 1993. The dean of PCB EDA, Makoto Kaneko, founded Zuken in 1976. Since 2010, the top spot of a leading PCB software company has changed hands only once. Turnover among the heads at the major suppliers of electronics design-related software is rare indeed.