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Adobe CEO Bruce Chizen steps down
November 12, 2007 - 18:41 PST
Adobe Systems today officially announced that its Board of Directors has “appointed current president and chief operating officer Shantanu Narayen as its president and chief executive officer, effective December 1, 2007. Narayen will also join Adobe’s Board of Directors at that time. Narayen replaces Adobe CEO Bruce Chizen, who will serve the remainder of his term on Adobe’s Board of Directors through the Spring of 2008 and continue in a strategic advisory capacity through the end of fiscal year 2008.”
“Bruce Chizen’s vision has helped transform Adobe from a company that was known mainly for its popular design products into one of the largest and most diversified software companies in the world,” said Chuck Geschke and John Warnock, Adobe’s chairmen of the Board of Directors. “We thank him for his outstanding leadership and contributions to Adobe’s success during his entire 14 years at Adobe and the past seven as CEO.”
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