Adobe Systems CEO Shantanu Narayen's 2020 pay rises 17% to $46M
Adobe Systems reports 2020 executive compensation
By ExecPay News
Published: March 5, 2021
Adobe Systems reported fiscal year 2020 executive compensation information on March 5, 2021.
In 2020, five executives at Adobe Systems received on average a compensation package of $20M, a 42% increase compared to previous year.
Average pay of disclosed executives at Adobe Systems
Shantanu Narayen, Chief Executive Officer, received $46M in total, which increased by 17% compared to 2019. 93% of Narayen's compensation, or $43M, was in stock awards. Narayen also received $2.1M in non-equity incentive plan, $1M in salary, as well as $213K in other compensation.
For fiscal year 2020, the median employee pay was $153,916 at Adobe Systems. Therefore, the ratio of Shantanu Narayen's pay to the median employee pay was 298 to one.
Anil Chakravarthy, Executive Vice President and GM, Digital Experience Business and Worldwide Field Operations, received a compensation package of $23M. 81% of the compensation package, or $18M, was in stock awards.
Abhay Parasnis, Chief Technology Officer, earned $9.9M in 2020, a 32% increase compared to previous year.
John Murphy, Chief Financial Officer, received $9.9M in 2020, which increases by 33% compared to 2019.
Scott Belsky, Chief Product Officer and Executive Vice President, Creative Cloud, earned $9.8M in 2020, a 33% increase compared to previous year.
Adobe Systems' fiscal year ends on December 2.
Related executives
Shantanu Narayen
Adobe Systems
Chief Executive Officer
John Murphy
Adobe Systems
Chief Financial Officer
Scott Belsky
Adobe Systems
Chief Strategy Officer and Executive Vice President, Design and Emerging Products
Anil Chakravarthy
Adobe Systems
President, Digital Experience Business
Abhay Parasnis
Adobe Systems
Chief Technology Officer
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Source: SEC filing on March 5, 2021.