Dr. Cheryl L. Shavers Elected to Mentor Graphics Board of Directors

WILSONVILLE, Ore., July 6, 2016 — Mentor Graphics Corp. (NASDAQ: MENT) today announced that on June 15, 2016, the company’s shareholders elected Dr. Cheryl L. Shavers to the company’s board of directors. 

Dr. Shavers currently serves as chief executive officer of Global Smarts, Inc., an advisory services and strategy firm, which she founded in 2001 to assist companies and government agencies to manage growth opportunities and the innovative process. Additionally, she is a Distinguished Dean’s Professor at the Leavey School of Business at Santa Clara University.  Dr. Shavers is also a director on the board of Rockwell Collins, Inc. serving on the company’s Nominating and Governance Committee, and chairing its Technology/Cybersecurity Committee.

"We welcome Dr. Shavers to the Mentor board,” said Walden C. Rhines, chairman and CEO of Mentor Graphics. “Her extensive experience in the semiconductor industry, U.S. government technology policy and direction of a major military/avionics corporation will provide helpful perspectives and direction for our company."

Dr. Shavers was Under Secretary of Commerce for Technology for the U.S. Department of Commerce from November 1999 to February 2001 after having previously served as its Under Secretary designate. Prior to that, she held a variety of roles at Intel Corporation, including director of Emerging Technologies and sector manager of the Microprocessor Products Group for Intel Capital.  She has served on the board of ATMI, a semiconductor materials company acquired by Entegris, and of E.W. Scripps Company. She served as non-executive chairman of BitArts Ltd., a digital security company, from 2001 to 2003.

Dr. Shavers holds a B.S. degree in Chemistry and a Ph.D. in Solid State Chemistry from Arizona State University and was awarded an honorary Master’s degree in Engineering Management from California Polytechnic State University. She is also a registered patent agent with the Patent and Trademark Office of the Department of Commerce.

(Mentor Graphics and Mentor are registered trademarks of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.)