Synopsys Adds Deloitte Veteran With 135% Revenue Growth Record to Board
Synopsys appointed former Deloitte executive Peter A. Shimer to its board effective immediately, assigning him to the audit committee. Shimer oversaw a 135% revenue increase to $30 billion at Deloitte and will succeed two directors not renominated for 2026 to reinforce governance.
1. Board Appointment
Synopsys has appointed Peter A. Shimer to its board of directors effective immediately, filling a vacancy on the audit committee. Shimer’s appointment is designed to strengthen financial oversight, risk management and corporate governance as the company advances its AI-powered solutions strategy.
2. Shimer's Deloitte Achievements
Over his four-decade career at Deloitte, Shimer served on the executive committee, held roles as COO, CFO and interim CEO, and guided annual revenue from approximately $12.8 billion to $30 billion—a 135% increase. His tenure included leading the global ERP rollout and expanding Deloitte University to bolster talent development.
3. Board Transitions
The board also decided not to renominate directors Luis Borgen and Dr. Ajei Gopal for re-election at Synopsys’ 2026 annual meeting, reflecting a planned director refresh. Both will remain in their roles until the meeting to ensure continuity and support a smooth governance transition.