Adobe Systems Incorporated have announced the promotion of Shantanu Narayen, 41, to the newly created position of president and chief operating officer. In his new position, Narayen continues to report to Adobe chief executive officer Bruce Chizen and is responsible for engineering, product marketing and sales of Adobe's software solutions for creative professional, consumer and enterprise customers. He previously was executive vice president, worldwide products, a position he has held since 2001.
"During the past three years, Shantanu has worked closely with me running the day-to-day operations of Adobe's global business," said Chizen. "Under his leadership, Adobe has defined and implemented the product and marketing strategies that are driving our current growth. As Adobe continues expanding into the enterprise and other new market areas, I will increase my focus on the longer term strategies that will fuel the company's future growth."
