Shantanu Narayen

Shantanu Narayen, aged 61 as of January 2025, was born in India and built a robust academic foundation with degrees in Electronics Engineering, Computer Science, and Business Administration. His early academic pursuits laid the groundwork for a career marked by innovative leadership and strategic vision.

His professional journey at Adobe began in January 1998 when he joined as Vice President and General Manager of the Engineering Technology Group. Over the following years, he embraced increasing responsibilities, progressing from Senior Vice President of Worldwide Products in January 1999 to Executive Vice President in March 2001, then to President and Chief Operating Officer in January 2005. His appointment as Chief Executive Officer in December 2007 marked a pivotal moment, leading the company through transformative changes, including the adoption of a cloud-based subscription model and redefining digital marketing strategies.

Beyond his contributions to Adobe, his extensive experience includes serving on boards—most notably as the Lead Independent Director at Pfizer Inc.—and previous roles at leading technology companies such as Apple and Silicon Graphics. These experiences underscore his broad impact within the technology sector and strengthen his reputation as a visionary leader who has helped redefine industry standards.

Annual Cash Incentive

Performance Share Awards

This section covers the performance compensation for 2024 including both the Annual Cash Incentive and the Performance Share Awards. The Annual Cash Incentive is based on strict revenue and EPS performance metrics with a payout threshold of 90% and a target incentive of $3,000,000, while the Performance Share Awards are split between relative TSR and net new sales goals, with detailed share thresholds, targets, and maximums as shown above.