Adobe Systems CEO Shantanu Narayen's 2018 pay jumps 29% to $28.4M
Adobe Systems reports 2018 executive compensation
Published: March 1, 2019
Adobe Systems reported fiscal year 2018 executive compensation information on March 1, 2019.
In 2018, six executives at Adobe Systems received on average a compensation package of $10.8M, a 6% increase compared to previous year.Average pay of disclosed executives at Adobe Systems
Shantanu Narayen, Chief Executive Officer, received $28.4M in total, which increased by 29% compared to 2017. 89.94% of Narayen's compensation, or $25.5M, was in stock awards. Narayen also received $1.8M in non-equity incentive plan, $1M in salary, as well as $33.5K in other compensation.
For fiscal year 2018, the median employee pay was $142,192 at Adobe Systems. Therefore, the ratio of Shantanu Narayen's pay to the median employee pay was 200 to one.
Scott Belsky, Chief Product Officer and Executive Vice President, Creative Cloud, received a compensation package of $12.5M. 81.45% of the compensation package, or $10.2M, was in stock awards.
Bryan Lamkin, Executive Vice President and GM, Digital Media, earned $8.2M in 2018, a 15% increase compared to previous year.
John Murphy, Chief Financial Officer, received $7.8M in 2018.
Bradley Rencher, Executive Vice President and GM, Experience Cloud, earned $7.7M in 2018, a 10% increase compared to previous year.
Mark Garrett, Chief Financial Officer, received $391K in 2018, which decreases by 95% compared to 2017.
Adobe Systems' fiscal year ends on November 30.