---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-21-000249"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2021-12-16T23:59:59+00:00"
generated_at: "2026-06-28T00:42:21.810909+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000796343-21-000249
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2021-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/0000796343-21-000249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/adbe-20211213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-21-000249
- JSON: https://secwatch.observer/filing/0000796343-21-000249.json
- Plain text: https://secwatch.observer/filing/0000796343-21-000249.txt

## Key facts
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/0000796343-21-000249-index.htm
- Executive change
  Abhay Parasnis resigned as Chief Technology Officer at ADOBE INC..
  - Action: resigned
  - Role: Chief Technology Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/0000796343-21-000249-index.htm
- Executive change
  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
  source text: David Wadhwani, Chief Business Officer and Executive Vice President, Digital Media, has been promoted to President of Adobe’s Digital Media business
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/0000796343-21-000249-index.htm

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