Technology >> CEO Interviews >> January 7, 2002

Penny Herscher – Simplex Solutions Inc (splx)

PENNY HERSCHER is an Executive Vice President and Chief Marketing Officer of Cadence Design Systems, Inc., reporting to Ray Bingham, President and CEO. Her responsibilities include marketing, strategy, the Cadence Design Foundry business, and customer support. Ms. Herscher previously served as Chairman of the Board and CEO of Simplex Solutions Inc., which Cadence acquired in June 2002. She was the Simplex CEO from April 1996, and served as the company's President from May 1996 to July 2000. In July 2000, Ms. Herscher was appointed Chairman of Simplex's Board of Directors. From June 1988 to April 1996, she held several management positions at Synopsys, Inc., including work in business development, Vice President of Marketing, and other general management positions. She also serves on the Board of Directors of the EDA Consortium. Ms. Herscher holds a BA in Mathematics from Cambridge University in England. Profile
TWST: Could we start out with an update on what's gone on at the company

over the last couple of quarters in this tough environment?

Ms. Herscher: We're in the business of delivering