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Business News -> Adobe Appoints Shantanu Narayen Chief Executive Officer.


ADOBE APPOINTS SHANTANU NARAYEN AS CEO
San Jose, California, November 12, 2007

Shantanu NarayenAdobe Systems Inc. today announced its Board of Directors haD appointed current president and chief operating officer Shantanu Narayen as its president and chief executive officer, effective December 1, 2007. Narayen also joins Adobe’s Board of Directors. He replaces Adobe CEO Bruce Chizen. Narayen’s promotion reflects Adobe’s strategy to ensure a planned succession of the company’s senior leadership.

“Shantanu’s extensive knowledge of our products and platforms, customer experience and exceptional operational leadership make him the ideal choice to lead Adobe as CEO,” said Chizen. “For me personally, the time is right for a transfer of leadership and I look forward to supporting Shantanu as he takes on his new responsibilities.”

"I am honored to assume the leadership of Adobe and to continue to carry on the legacy of Bruce and our founders, John and Chuck,” said Narayen. "I look forward to continuing Adobe’s tradition of technology leadership and innovation, and helping the company achieve its next phase of growth.”

ABOUT SHANTANU NARAYEN

In his current role as president and COO, Narayen leads the company’s day-to-day global operations; sets Adobe’s long-term market strategies; and oversees all product research and development, worldwide sales, corporate strategy and investments, and corporate and product marketing. Together with Chizen, Narayen spearheaded the acquisition of Macromedia, Inc. in 2005, expanding Adobe’s software platform and solutions and strengthening the company’s presence in key markets ranging from video to enterprise software to mobile solutions.

Narayen joined Adobe in January 1998 as vice president and general manager of Adobe’s engineering technology group. In January 1999, he was promoted to senior vice president, worldwide products and in March 2001 he was promoted to executive vice president, worldwide product marketing and development. In January 2005, Narayen was promoted to president and chief operating officer. Prior to joining Adobe, Narayen co-founded Pictra Inc., a digital photo sharing software company, in 1996. Previously, he was director of desktop and collaboration products at Silicon Graphics Inc. and held various senior positions at Apple Inc.

Narayen holds five patents and is a frequent speaker at industry and academic events. He serves on the Board of Metavante Technologies, Inc. and the Advisory Board of the Haas School of Business, University of California at Berkeley. Narayen holds a bachelor’s degree in electronics engineering from Osmania University in India, a master’s degree in computer science from Bowling Green State University and a master’s degree in business administration from the Haas School of Business.

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