Who is Adobe’s Shantanu Narayen – Bio, Net Worth, Education, Career, Achievements
Shantanu Narayen is an Indian-American businessman. He has been chairman, president and chief executive officer of Adobe Inc. since December 2007.
Prior to that, he was president and chief operating officer of the company since 2005.
He has been one of India’s most achieved CEO’s in the tech world for some notable years and running and has established Adobe Inc. into the future of the tech world.
Bio Of Shantanu Narayen
Born on the 27th of May, 1963, Shantanu Narayen grew up in Hyderabad, India, in a Telugu-speaking family, and was the second son of a mother who taught American literature and a father who ran a plastics company.
Shantanu Narayen lives in Palo Alto, California.
He met his wife Reni while attending Bowling Green State University in the mid-1980s; she has a doctorate in clinical psychology. They have two sons.
His interests include cricket and sailing. He once represented India in sailing in the Asian Regatta.
Shantanu Narayen’s Education
He attended Hyderabad Public School.
He received a bachelor’s degree in electronics and communications engineering from Osmania University College of Engineering in Hyderabad.
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.
In 1993 he received an MBA from the Haas School of Business at the University of California, Berkeley.
Net Worth Of Mr. Narayen
The estimated Net Worth of Shantanu Narayen is at least $246 Million dollars as of 24 October 2020.
Mr. Narayen owns over 2,578 units of Adobe Inc stock worth over $179,959,316 and over the last 17 years he sold ADBE stock worth over $27,176,814.
In addition, he makes $39,145,600 as Chairman of the Board, President, and Chief Executive Officer at Adobe Inc.
In 1986, Narayen joined a Silicon Valley company called Measurex Automation Systems, which manufactured computer control systems for the automotive and electronics industries.
He then moved to Apple, where he held management positions from 1989 to 1995.
After Apple, he served as director of desktop and collaboration products at Silicon Graphics.
In 1996, he co-founded Pictra Inc. which pioneered the concept of digital photo sharing over the Internet.
Narayen joined Adobe in 1998 as Senior Vice President of International Product Development, a position he held until 2001. From 2001 to 2005, he was Executive Vice President of International Product.
In 2005, he was named president and chief executive officer.
In November 2007, Adobe announced that Bruce Chizen would step down as CEO effective December 1, 2007 and would be replaced by Narayen.
As CEO, Narayen led the company’s transformation, moving its creative and digital document software franchises, which include such flagship programs as Photoshop, Premiere Pro and Acrobat/PDF, from the desktop to the cloud.
Additionally, during his tenure as CEO, Adobe entered the Digital Experience category, an expansion that began with its acquisition of Omniture in 2009.
In 2018, Adobe surpassed $100 billion in market capitalization and made the Fortune 400 list for the first time.
In 2018, it also ranked 13th on Forbes’ list of most innovative companies.
- In May 2011, Narayen received an honorary doctorate from his alma mater, Bowling Green State University.
- In 2011 Barack Obama appointed him to his Governance Advisory Board.
- Narayen is the lead independent director on Pfizer’s board of directors and vice chair of the U.S.-India Strategic Partnership Forum.
- In 2016 and 2017 Narayen was named one of the world’s best CEOs by Barron’s magazine.
- In 2018, Narayen was ranked 12th on Fortune magazine’s Entrepreneur of the Year list, and in 2018 The Economic Times of India named him “Global Indian of the Year.”
- In 2019, he was the recipient of India’s Padma Shri Award.