Adobe Inc. (ADBE)

374.96 +5.96 (+1.62%) At close: 04:00PM EDT

Adobe Inc.

345 Park Avenue
San Jose, CA 95110-2704
United States
408 536 6000
https://www.adobe.com

Sector(s): Technology
Industry: Software—Infrastructure
Full-time employees: 29,239

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Shantanu Narayen	Chairman & CEO	4.44M	N/A	1964
Dr. John E. Warnock	Co-Founder & Independent Director	60k	N/A	1941
Mr. Daniel J. Durn	CFO and Exec. VP of Fin., Technology Services & Operations	4.79M	N/A	1966
Mr. David Wadhwani	Pres of Digital Media Bus.	3.15M	N/A	1972
Mr. Scott K. Belsky	Chief Strategy Officer and Exec. VP of Design & Emerging Products	1.36M	N/A	1980
Dr. Anil S. Chakravarthy	Pres of Digital Experience Bus.	1.48M	N/A	1968
Mr. Mark S. Garfield	Sr. VP, Chief Accounting Officer & Corp. Controller	N/A	N/A	1971
Ms. Cynthia A. Stoddard	Sr. VP & Chief Information Officer	N/A	N/A	1957
Mr. Jonathan Vaas	VP of Investor Relations	N/A	N/A	N/A
Mr. Dana Rao	Exec. VP, Gen. Counsel, Chief Trust Officer & Corp. Sec.	N/A	N/A	1970

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Corporate governance

Adobe Inc.’s ISS governance QualityScore as of 1 March 2023 is 3. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.