Interactive Design Drives Expanded Award Categories

Press Release: SAN JOSE, Calif. — Nov. 13, 2007 — Adobe Systems Incorporated (Nasdaq:ADBE) today announced the call for entries for the eighth annual Adobe® Design Achievement Awards (ADAA). The awards honor talented and promising student graphic designers, photographers, illustrators, animators, digital filmmakers, developers and computer artists from the world’s top institutions of higher education.

Adobe Systems CEO Bruce Chizen found the right moment to leave.

Source: CNET
Written by Martin LaMonica

The company continues to rack up double-digit earnings growth as it rides a very successful introduction this year of its media-authoring package, Creative Suite 3. Looking forward, the picture looks good as well, financially and strategically.

Company Expects Q4 Fiscal 2007 Revenue Near High End of Targeted Range; Targets 13 Percent Revenue Growth in Fiscal 2008

Press Release: SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe Systems Incorporated (Nasdaq:ADBE – News) today announced its Board of Directors has appointed current president and chief operating officer Shantanu Narayen as its president and chief executive officer, effective December 1, 2007.

Narayen will also join Adobe’s Board of Directors at that time. Narayen replaces Adobe CEO Bruce Chizen, who will serve the remainder of his term on Adobe’s Board of Directors through the Spring of 2008 and continue in a strategic advisory capacity through the end of fiscal year 2008.

Bruce Chizen at the Creative Suit 3 launch in New York City on March 27th, 2007. Photo ©2007 by Seth Resnick

Source: Forbes
Written by Rachel Rosmarin

LOS ANGELES – Folk wisdom says to quit when you’re ahead. Bruce Chizen seems to be listening.

On Monday, Chizen said he will step down as chief executive of Adobe Systems (nasdaq: ADBE – news – people ) on Dec. 1, to be replaced by the company’s president and chief operating officer, Shantanu Narayen.