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Form 8-K · Current Report · Filed 2024-08-08

Adobe Appoints New Principal Accounting Officer

On August 5, 2024, Adobe Inc. announced the appointment of Jillian Forusz as the new Principal Accounting Officer, effective August 9, 2024. Ms. Forusz, previously serving as Vice President, Corporate Controller, will succeed Mark Garfield. She will receive an annual base salary of $515,000, a target annual cash bonus opportunity of 60% of base salary, and a grant of 3,630 restricted stock units. Ms. Forusz will also be eligible for standard Company benefit programs.

Filer
Adobe Inc. ADBE · NASDAQ
Filed
Accession
0000796343-24-000192
CIK
0000796343
Signal
Medium impactTechnology

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CAO Appointed

Market reaction

Close before filing

$513.62

Next session

+4.4%

Since filing

-51.2%

Latest close

$250.41

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from ADBE reporting the same item, with the next session's move:

About Adobe Inc.

Adobe Inc. is a leading global software company that specializes in the creation of multimedia and creativity software products. Known for their industry-standard tools such as Photoshop, Illustrator, and Acrobat, Adobe's software facilitates a wide spectrum of creative work ranging from graphic design and photo editing to digital document management. The company's Adobe Creative Cloud, a subscription service, has become integral for professionals in media, publishing, and marketing sectors, providing access to an array of applications and services. Adobe's innovations extend into digital marketing solutions with Adobe Experience Cloud, assisting businesses in leveraging data for effective customer engagement. Founded in 1982 and headquartered in San Jose, California, Adobe has significantly influenced creative industries and digital marketing landscapes. Its software solutions are crucial for both individual creatives and enterprises, enhancing productivity and enabling cutting-edge content creation and distribution in an ever-evolving digital market.

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