Silvaco Group, Inc. announced the departure of Dr. Babak Taheri as CEO, effective August 19, 2025, and the appointment of Walden “Wally” C. Rhines as the new CEO. Rhines brings extensive experience in the semiconductor industry, having previously served as CEO of Mentor Graphics Corporation. Silvaco, a provider of TCAD, EDA software, and SIP solutions, is optimistic about its future under Rhines’ leadership. The company expressed gratitude to Taheri for his leadership and achievements during his tenure. Silvaco is positioned for growth in the semiconductor design automation market with a strong pipeline of business opportunities.

Read more at GlobeNewswire: Silvaco Announces CEO Transition