Mentor Graphics Corporation today announced that company chairman and CEO Dr. Walden C. Rhines has been named a Fellow of the Institute of Electrical and Electronics Engineers (IEEE). Dr. Rhines is being recognized for leadership and technology innovation in integrated circuit design and automation.
The IEEE Grade of Fellow is conferred by the IEEE Board of Directors upon a person with an outstanding record of accomplishments in any of the IEEE fields of interest. The total number selected in any one year cannot exceed one-tenth of one percent of the total voting membership. IEEE Fellow is the highest grade of membership and is recognized by the technical community as a prestigious honor and an important career achievement.
During Dr. Rhines' tenure at Mentor Graphics, revenue has nearly quadrupled, enterprise value increased by 8X and Mentor has grown the industry's number one market share solutions in four of the ten largest product segments of the electronic design automation (EDA) industry. At Mentor Graphics, he has built leading industry positions in areas outside of traditional EDA, including system design, embedded software, automotive and hardware emulation. This has led to innovation and growth of the entire EDA industry.
Prior to joining Mentor Graphics, Rhines was executive vice president of Texas Instruments (TI) Semiconductor Group, sharing responsibility for TI's Components Sector, and having direct responsibility for the entire semiconductor business with more than $5 billion of revenue and over 30,000 people.