Synopsys, Inc. filed a Form 8-K on August 12, 2026, disclosing that General Counsel and Corporate Secretary Janet Lee will depart her role no later than December 31, 2026, and will then serve in an advisory capacity through at least June 30, 2027.

Key Highlights

  • Departure effective date: Janet Lee will cease serving as General Counsel and Corporate Secretary on the earlier of December 31, 2026, or the appointment of her successor.
  • Advisory role: Following her departure, Ms. Lee will transition to an advisory role lasting until June 30, 2027, or a later date as determined by Synopsys.
  • Purpose of advisory period: According to the filing, the advisory role is intended "to ensure a smooth transition."
  • Announcement date: Synopsys announced the change on August 12, 2026, with the earliest triggering event reported as August 9, 2026.
  • Signatory: The filing was signed by Shelagh Glaser, Chief Financial Officer, on behalf of Synopsys.

Janet Lee Departure and Transition Plan at Synopsys

Synopsys, Inc. (NASDAQ:SNPS), headquartered in Sunnyvale, California, disclosed on August 12, 2026, that Janet Lee will no longer serve as the company's General Counsel and Corporate Secretary. According to the filing, her departure becomes effective on whichever occurs first: December 31, 2026, or the date her successor is appointed. No successor was named in the filing.

The filing further disclosed that following the conclusion of her role as General Counsel and Corporate Secretary, Ms. Lee will move into an advisory position. The company stated this advisory role will continue until June 30, 2027, "or such later date as determined by Synopsys." The filing attributed the purpose of this arrangement to ensuring "a smooth transition," though no additional details about the scope of advisory responsibilities were provided.

The disclosure was made under Item 5.02 of Form 8-K, which covers departures and appointments of directors or certain officers. The filing was signed by Chief Financial Officer Shelagh Glaser on behalf of Synopsys. No financial terms, severance arrangements, or successor candidates were referenced in the filing.

What Was Disclosed

Synopsys filed an 8-K disclosing that General Counsel and Corporate Secretary Janet Lee will step down no later than December 31, 2026, and will then serve in an advisory role through at least June 30, 2027, to support the transition.