Adobe CTO Abhay Parasnis to depart; Chakravarthy and Wadhwani promoted to President roles

ADOBE INC.

CTO Abhay Parasnis resigns effective Dec 13, 2021; will stay until end of February 2022 to assist transition.
Anil Chakravarthy promoted to President, Digital Experience; segment delivered over $1B revenue in Q4.
David Wadhwani promoted to President, Digital Media; segment posted record Q4 revenue of $3B.
Chakravarthy joined Adobe in Jan 2020, led Workfront acquisition; Wadhwani returned June 2021, previously CEO of AppDynamics.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Anil Chakravarthy

President of Adobe’s Digital Experience business

ADBE · ADOBE INC.

Effective: 2021-12-16
Filed: December 16, 2021, 6:59 PM ET

Adobe also announced that Anil Chakravarthy, Executive Vice President and General Manager, Digital Experience Business and Worldwide Field Operations, has been promoted to President of Adobe’s Digital Experience business

Departed

Abhay Parasnis

Chief Technology Officer

ADBE · ADOBE INC.

Filed: December 16, 2021, 6:59 PM ET

On December 16, 2021, Adobe Inc. ("Adobe") announced that Abhay Parasnis, Executive Vice President and Chief Technology Officer, will be leaving Adobe to pursue other opportunities.

Role change

David Wadhwani

President of Adobe’s Digital Media business

ADBE · ADOBE INC.

Effective: 2021-12-16
Filed: December 16, 2021, 6:59 PM ET

David Wadhwani, Chief Business Officer and Executive Vice President, Digital Media, has been promoted to President of Adobe’s Digital Media business

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Anil Chakravarthy changed role as President of Adobe’s Digital Experience business at ADOBE INC..

Action: promoted
Role: President of Adobe’s Digital Experience business

Exact text from the filing

Adobe also announced that Anil Chakravarthy, Executive Vice President and General Manager, Digital Experience Business and Worldwide Field Operations, has been promoted to President of Adobe’s Digital Experience business

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Abhay Parasnis resigned as Chief Technology Officer at ADOBE INC..

Action: resigned
Role: Chief Technology Officer

Exact text from the filing

On December 16, 2021, Adobe Inc. ("Adobe") announced that Abhay Parasnis, Executive Vice President and Chief Technology Officer, will be leaving Adobe to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Wadhwani changed role as President of Adobe’s Digital Media business at ADOBE INC..

Action: promoted
Role: President of Adobe’s Digital Media business

Exact text from the filing

David Wadhwani, Chief Business Officer and Executive Vice President, Digital Media, has been promoted to President of Adobe’s Digital Media business

View on SEC.gov

ADOBE INC. filing history →

Source: SEC EDGAR

accession 0000796343-21-000249

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