---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-21-000213"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-29T00:12:30.997232+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adobe appoints Dan Durn as EVP and CFO, effective Oct 18, 2021; John Murphy retires

## Summary
- Dan Durn appointed CFO; base salary $850,000, target bonus 100% of base, sign-on bonus $6.2M in two installments.
- Durn receives 46,039 RSUs vesting quarterly over three years under 2019 Equity Incentive Plan.
- Durn joins from Applied Materials (CFO since 2017); previously NXP, Freescale, GlobalFoundries, and Goldman Sachs.
- John Murphy, who announced retirement earlier this year, will step down from CFO role.

## SEC filing metadata
- accession: 0000796343-21-000213
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634321000213/0000796343-21-000213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634321000213/adbe-20210929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-21-000213
- JSON: https://secwatch.observer/filing/0000796343-21-000213.json
- Plain text: https://secwatch.observer/filing/0000796343-21-000213.txt

## Key facts
- Executive change
  John Murphy retired as Chief Financial Officer at ADOBE INC..
  - Action: retired
  - Role: Chief Financial Officer
  source text: Mr. Durn will succeed John Murphy, who announced his plans earlier this year to retire.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634321000213/0000796343-21-000213-index.htm
- Executive change
  Dan Durn was appointed as Executive Vice President and Chief Financial Officer at ADOBE INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On September 29, 2021, Dan Durn was appointed to the position of Executive Vice President and Chief Financial Officer of Adobe Inc. (“Adobe” or the “Company”), to be effective on or about October 18, 2021 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634321000213/0000796343-21-000213-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.