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Bruce R. Chizen served as the CEO of Adobe Inc. until November 30, 2007. During his leadership, he helped steer Adobe through significant growth and innovation, underpinning the company's transformation into a digital marketing and media powerhouse. Chizen joined Adobe...

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Bruce R. Chizen

Ex-CEO of Adobe

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

November 1, 1963 - 61 years ago

CEO of Adobe for

6 years 11 months (Dec 2000 - Nov 2007)

Previous Experience

Executive Vice President and General Manager of the Consumer Products Division at Adobe

Holdings

See how much did Bruce R. Chizen make over time.

At one point, Bruce R. Chizen held over 3.9 million shares in Adobe, thanks to his substantial stock options. His wealth in Adobe shares peaked during his time as CEO, significantly contributing to his net worth and reflecting the company's...

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Compensation History

See how much did Bruce R. Chizen make over time.

In his final year as CEO, Bruce R. Chizen earned nearly $8.9 million in total compensation, which included a base salary of $925,000 and a performance-based bonus of $2.31 million. His compensation was tied to Adobe's success metrics, like revenue and operating profit, emphasizing a results-driven approach. Alongside traditional salary, Chizen's financial package included other benefits such as life insurance and contributions to retirement plans. His compensation structure aimed at aligning executive interests with shareholder outcomes, promoting a culture of accountability and performance at Adobe. Despite not receiving stock grants that year, his accumulated wealth from stock options illustrates how deeply intertwined executive success is with company performance.

Year

2007

Total Compensation

$3.24M

Salary

$925.00K

Board Justification

Adobe's compensation philosophy aims to attract, retain, and motivate executives by aligning their interests with those of stockholders through a mix of cash and equity compensation, targeting the 60th percentile of peer companies for target performance.

Bonus

$2.31M

Board Justification

The bonus was earned under Adobe's 2007 Executive Bonus Plan, based on the achievement of performance goals.

Other

$7.44K

Board Justification

Other compensation includes matching contributions under Adobe's 401(k) Plan, life insurance, and patent awards.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2007 as the amounts listed are for stock awards granted, not vested.

Performance Metrics

Performance metrics included revenue growth and operating profit targets.

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