About Adobe Inc. (ADBE)

Company Description:

 

Adobe Inc. is a leader in the software industry, particularly known for its creative, marketing, and document management solutions. The company's cutting-edge technology has revolutionized how digital content is created, deployed, and optimized across various media and devices.

Adobe was established by John Warnock and Charles Geschke in December 1982 and is headquartered in San Jose, California. Adobe's initial claim to fame was its introduction of PostScript, which played a pivotal role in the rise of the desktop publishing industry.

 

Main Product(s):

 

Adobe's main products include Adobe Creative Cloud, a suite of software that includes Photoshop, Illustrator, and Premiere Pro for creative professionals; Adobe Document Cloud, which includes the ubiquitous PDF reader Acrobat; and Adobe Experience Cloud, designed for marketing professionals to engage in data-driven marketing and advertising campaigns.

 

Short History of Adobe Inc.:

 

  • December 1982 – Adobe was founded by John Warnock and Charles Geschke.
  • 1985 – Adobe introduced Adobe Illustrator, a revolutionary vector-based drawing program for the Apple Macintosh.
  • 1993 – Adobe released PDF and Adobe Acrobat.
  • 2005 – Adobe acquired Macromedia, gaining control of software products like Flash and Dreamweaver.
  • 2007 – Adobe transitioned to a subscription model with Adobe Creative Cloud.
  • 2020 – Amidst the global health crisis, Adobe's tools saw increased demand, especially for cloud-based solutions.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Shantanu NarayenChairman & CEO4.44MN/A1964
Mr. Daniel J. DurnCFO and Executive VP of Finance, Technology Services & Operations4.79MN/A1966
Mr. David WadhwaniPresident of Digital Media Business3.15MN/A1972
Mr. Scott K. BelskyChief Strategy Officer and Executive VP of Design & Emerging Products1.36MN/A1980
Dr. Anil S. ChakravarthyPresident of Digital Experience Business1.48MN/A1968
Mr. Mark S. GarfieldSenior VP, Chief Accounting Officer & Corporate ControllerN/AN/A1971
Ms. Cynthia A. StoddardSenior VP & Chief Information OfficerN/AN/A1957
Mr. Jonathan VaasVice President of Investor RelationsN/AN/AN/A
Mr. Dana RaoExecutive VP, General Counsel, Chief Trust Officer & Corporate SecretaryN/AN/A1970
Ms. Gloria ChenChief People Officer & Executive VP of Employee ExperienceN/AN/A1965

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