secwatch.observer — SEC 8-K summary
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Issuer:     ADOBE INC. (ADBE)
CIK:        0000796343
Form:       8-K
Filed at:   2021-12-16T23:59:59+00:00
Accession:  0000796343-21-000249
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/0000796343-21-000249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796343/000079634321000249/adbe-20211213.htm
  HTML page:      https://secwatch.observer/filing/0000796343-21-000249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer