Biography:Shantanu Narayen

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Short description: Indian-American business executive and CEO of Adobe


Shantanu Narayen
Shantanu Narayen - the CEO of Adobe Inc.jpg
Narayen in 2016
Born (1963-05-27) May 27, 1963 (age 61)[1]
Hyderabad, Telangana, India
CitizenshipAmerican[2]
Alma mater
TitleChairman and CEO of Adobe Inc.
PredecessorBruce Chizen
Board member ofAdobe Inc.[3]
Pfizer[4]
HonoursPadma Sri (2019)

Shantanu Narayen (born May 27, 1963)[1] is an Indian-American business executive. He has been the chairman, president, and chief executive officer (CEO) of Adobe Inc. since December 2007.[5] Before this, he was the company's president and chief operating officer since 2005.[6]

Early life and education

Narayen grew up in Hyderabad, India in a Telugu-speaking Hindu family.[7] He is the second son of a mother who taught American literature and a father who ran a plastics company.[8] He attended Hyderabad Public School.[9]

He earned a bachelor's degree in electronics and communication engineering from University College of Engineering, Osmania University in Hyderabad.[10] He moved to the United States to complete his education, and in 1986 received a master's degree in computer science from Bowling Green State University in Ohio.[10][11] Later he received an MBA from the Haas School of Business, University of California, Berkeley.[12]

Career

Early career

In 1986 Narayen joined a Silicon Valley start-up called Measurex Automation Systems, which made computer control systems for automotive and electronics customers.[13][14] He then moved to Apple, where he was in senior management positions from 1989 to 1995.[1]

After Apple, he served as director of desktop and collaboration products for Silicon Graphics.[10][1] In 1996 co-founded Pictra Inc., a company that pioneered the concept of digital photo sharing over the Internet.[15][10]

Adobe

Narayen joined Adobe in 1998 as senior vice-president of worldwide product development, a position he held through 2001.[1] From 2001 to 2005 he was executive vice-president of worldwide products.[1]

In 2005 he was appointed president and chief operating officer.[1]

CEO

In November 2007, Adobe announced that Bruce Chizen would step down as CEO effective December 1, 2007, to be replaced by Narayen.[16]

As CEO, Narayen[17] led the transformation of the company, moving its creative and digital document software franchises – which include flagship programs such as Photoshop, Premiere Pro, and Acrobat/PDF – from the desktop to the cloud.[1] In addition, during his tenure as CEO, Adobe has entered the digital experiences category, an expansion which began with the company’s acquisition of Omniture in 2009.[18][19]

In 2018 Adobe exceeded $100 billion in market cap and joined the Fortune 400 for the first time.[20][21] In 2018 it also ranked No. 13 on Forbes ’ Most Innovative Companies list.[20]

In 2011, Barack Obama appointed him as a member of his Management Advisory Board.[22] Narayen is the lead independent director on the board of directors for Pfizer, and vice chairman of the US-India Strategic Partnership Forum.[23][24]

Honors and awards

In May 2011, Narayen received an honorary doctorate from his alma mater, Bowling Green State University.[25] In 2018, Narayen was ranked #12 on Fortune's "Businessperson of the Year" list,[26] and was deemed "Global Indian of the Year" in 2018 by The Economic Times of India.[23][24][27] In 2019, he was a recipient of India's Padma Shri award.[28]

Personal life

Narayen lives in Palo Alto, California.[2] He met his wife Reni while at Bowling Green State University in the mid 1980s;[12][29] she has a doctorate in clinical psychology.[30] They have two sons.[1] He once represented India in sailing at an Asian Regatta.[31][29] He, along with Satya Nadella, has also invested in Major League Cricket to be hosted by the American Cricket Enterprises (ACE).[32]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Waters, Richard (22 February 2015). "Monday interview: Shantanu Narayen, Adobe CEO". Financial Times. https://www.ft.com/content/4178b02c-b758-11e4-981d-00144feab7de. 
  2. ↑ 2.0 2.1 "Adobe's Shantanu Narayen: India and Other Emerging Markets Are Going to Drive Trends in Software Evolution". https://knowledge.wharton.upenn.edu/article/adobes-shantanu-narayen-india-and-other-emerging-markets-are-going-to-drive-trends-in-software-evolution/. 
  3. ↑ "BRIEF-Adobe's board elects Adobe CEO Shantanu Narayen as Chairman". Reuters. 1 February 2017. https://www.reuters.com/article/idUSASB0AY0M. 
  4. ↑ "Shantanu Narayen". Pfizer. https://www.pfizer.com/people/leadership/board-of-directors/shantanu_narayen. 
  5. ↑ "Leaders". https://www.adobe.com/about-adobe/leaders/shantanu-narayen.html. "Shantanu Narayen is chairman, president and chief executive officer of Adobe, one of the largest and most diversified software companies in the world." 
  6. ↑ "Shantanu Narayen". Adobe. https://www.adobe.com/content/dam/acom/en/leaders/pdfs/narayen.pdf. 
  7. ↑ SiliconIndia. "How Shantanu Narayen Leads Adobe To Success" (in en). http://www.siliconindia.com/news/business/How-Shantanu-Narayen-Leads-Adobe-To-Success-nid-211146-cid-3.html. 
  8. ↑ Victoria Barret (2008-06-16). "Ubiquitous Upside". Forbes. https://www.forbes.com/forbes/2008/0616/106.html. 
  9. ↑ Hess, Abigail (5 April 2018). "How one high school produced the CEOs of Microsoft, Adobe and Mastercard". CNBC. https://www.cnbc.com/2018/04/05/one-high-school-produced-the-ceos-of-microsoft-adobe-and-mastercard.html. 
  10. ↑ 10.0 10.1 10.2 10.3 "Shantanu Narayen". Adobe. https://www.adobe.com/about-adobe/leaders/shantanu-narayen.html. 
  11. ↑ "Board of Trustees Meeting Minutes 2011-05-06". Board of Trustees Meeting Minutes (Bowling Green State University). 6 May 2011. https://scholarworks.bgsu.edu/bot/846/. Retrieved 1 August 2020. 
  12. ↑ 12.0 12.1 "Shantanu Narayen, MBA 93". October 2008. https://alumni.haas.berkeley.edu/haasgala//honors.html. 
  13. ↑ Janardhan, Arun (February 18, 2011). "Shantanu Narayen: A flash of inspiration". Mint. https://www.livemint.com/Leisure/yg5A85B1cA3DCv23GCCMBJ/Shantanu-Narayen--A-flash-of-inspiration.html. 
  14. ↑ Eule, Alexander (August 24, 2013). "The Turnaround Artist". Barron's. https://www.barrons.com/articles/the-turnaround-artist-1377329178. 
  15. ↑ "Adobe Names Shantanu Narayen Chief Executive Officer". Business Wire. November 12, 2007. https://www.businesswire.com/news/home/20071112006374/en/Adobe-Names-Shantanu-Narayen-Chief-Executive-Officer. 
  16. ↑ "Adobe Names Shantanu Narayen Chief Executive Officer". Adobe. https://www.adobe.com/aboutadobe/pressroom/pressreleases/200711/111207NarayenNamedCEO.html. 
  17. ↑ "Top 5 Indian origin tech executives in the world" (in en-US). 2021-02-03. https://businessreader.in/top-5-indian-origin-tech-executives-in-the-world/. 
  18. ↑ "Breaking: Adobe To Acquire Omniture For Approximately $1.8 Billion" (in en-US). 2009-09-15. https://techcrunch.com/2009/09/15/breaking-adobe-to-acquire-omniture-for-approximately-1-8-billion/. 
  19. ↑ "Adobe to Acquire Omniture" (in en). Adobe. 15 September 2009. https://news.adobe.com/press-release/adobe-corporate/adobe-acquire-omniture. 
  20. ↑ 20.0 20.1 "Fortune 500 Companies 2018: Who Made the List". http://fortune.com/fortune500/list/. 
  21. ↑ Michelman, Paul (4 December 2018). "Key Words for Digital Transformation". https://sloanreview.mit.edu/article/key-words-for-digital-transformation/. 
  22. ↑ "President Obama Announces Members of President's Management Advisory Board". 10 March 2011. https://obamawhitehouse.archives.gov/the-press-office/2011/03/10/president-obama-announces-members-president-s-management-advisory-board. 
  23. ↑ 23.0 23.1 "Shantanu Narayen | Pfizer: One of the world's premier biopharmaceutical companies". https://www.pfizer.com/people/leadership/board-of-directors/shantanu_narayen. 
  24. ↑ 24.0 24.1 "ET Awards 2018 for Global Indian: Shantanu Narayen, Chief Executive Officer, Adobe Systems". The Economic Times. 2018-11-18. https://economictimes.indiatimes.com/news/company/corporate-trends/et-awards-2018-for-global-indian-shantanu-narayen-chief-executive-officer-adobe-systems/articleshow/65714383.cms. 
  25. ↑ "Adobe Systems president and CEO receives honorary degree". Bowling Green State University. 7 May 2011. http://www.bgsu.edu/offices/mc/news/2011/news96160.html. 
  26. ↑ "Shantanu Narayen, Ajay Banga named among Fortune Businessperson of the Year 2020" (in en). 2020-12-04. https://www.livemint.com/news/india/shantanu-narayen-ajay-banga-named-among-fortune-businessperson-of-the-year-2020-11607093719422.html. 
  27. ↑ "Shantanu Narayen, Ajay Banga named among Fortune Businessperson of the Year 2020". The Economic Times. https://economictimes.indiatimes.com/news/company/corporate-trends/shantanu-narayen-ajay-banga-named-among-fortune-businessperson-of-the-year-2020/articleshow/79568632.cms. 
  28. ↑ "2019 Awardees List". https://padmaawards.gov.in/SelectionGuidelines.aspx. 
  29. ↑ 29.0 29.1 Godavarthi, Srikanth (12 September 2018). "Thrilled to see what KTR has been doing in tech, says Adobe CEO". The Times of India. https://timesofindia.indiatimes.com/business/india-business/thrilled-to-see-what-ktr-has-been-doing-in-tech-says-adobe-ceo/articleshow/65775388.cms. 
  30. ↑ "New professorship in computer science awarded to Chao". July 2017. https://www.bgsu.edu/news/2017/07/new-professorship-in-computer-science-awarded-to-chao.html. 
  31. ↑ "ET Awards 2018 for Global Indian: Shantanu Narayan, Chief Executive Officer, Adobe Systems". The Economic Times. 2018-11-18. https://economictimes.indiatimes.com/news/company/corporate-trends/et-awards-2018-for-global-indian-shantanu-narayen-chief-executive-officer-adobe-systems/articleshow/65714383.cms. 
  32. ↑ Quint, The (2020-12-16). "Satya Nadella, Shantanu Narayen Invest in a US Cricket League" (in en). https://www.thequint.com/us-nri-news/satya-nadella-shantanu-narayen-to-invest-in-us-cricket-league. 

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