Revolving Door: Bruce Chizen Leaves Adobe


The big, big news late yesterday was the announcement that Adobe‘s CEO, Bruce Chizen, will be stepping away from his post come December 1, to be replaced by Shantanu Narayen, the company’s current President and COO. We’ve no idea why he suddenly decided to move away, but he’s telling the press it’s because he wants to try something different other than running Adobe, which, after fourteen years there in top brass positions, we guess that kinda makes sense. This, as was probably expected, didn’t do so hot to calm an already shaky technology market. But given Adobe’s place in its market, we’re assuming a quick comeback is in short order. Here’s from the AP report:

Chizen, 52, who has served as Adobe’s CEO for seven years as the company collected record profits, said in a phone interview he was stepping down “to take a break.”

“This will be the first time in my life I’ve had a chance to take a step back and figure out what I want to do for the rest of my life,” Chizen said. “As much as I love Adobe products and employees, I didn’t want to find myself at 55 saying, ‘Gee, I wish I had done something else besides Adobe.’ The role of CEO is all-consuming.”