Adobe Systems CEO Shantanu Narayen's 2021 pay falls 21% to $36M
Adobe Systems reports 2021 executive compensation
By ExecPay News
Published: March 3, 2023
Adobe Systems reported fiscal year 2021 executive compensation information on March 3, 2023.
In 2021, seven executives at Adobe Systems received on average a compensation package of $18M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Adobe Systems
Shantanu Narayen, Chief Executive Officer, received $36M in total, which decreased by 21% compared to 2020. 90% of Narayen's compensation, or $32M, was in stock awards. Narayen also received $2.2M in non-equity incentive plan, $1M in salary, as well as $430K in other compensation.
For fiscal year 2021, the median employee pay was $165,733 at Adobe Systems. Therefore, the ratio of Shantanu Narayen's pay to the median employee pay was 218 to one.
Daniel Durn, Chief Financial Officer, received a compensation package of $32M. 90% of the compensation package, or $29M, was in stock awards.
David Wadhwani, President, Digital Media Business, earned $20M in 2021.
Anil Chakravarthy, President, Digital Experience Business, received $11M in 2021, which decreases by 53% compared to 2020.
Abhay Parasnis, Chief Technology Officer, earned $8.5M in 2021, a 15% decrease compared to previous year.
Scott Belsky, Chief Strategy Officer and Executive Vice President, Design and Emerging Products, received $8.4M in 2021, which decreases by 15% compared to 2020.
John Murphy, Chief Financial Officer, earned $7.8M in 2021, a 21% decrease compared to previous year.
Adobe Systems' fiscal year ends on December 2.
Related executives
Scott Belsky
Adobe Systems
Chief Strategy Officer and Executive Vice President, Design and Emerging Products
Shantanu Narayen
Adobe Systems
Chief Executive Officer
Daniel Durn
Adobe Systems
Chief Financial Officer
John Murphy
Adobe Systems
Chief Financial Officer
Anil Chakravarthy
Adobe Systems
President, Digital Experience Business
David Wadhwani
Adobe Systems
President, Digital Media Business
Abhay Parasnis
Adobe Systems
Chief Technology Officer
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Source: SEC filing on March 3, 2023.