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Adobe ( (ADBE) ) has provided an announcement.
On January 24, 2025, Adobe Inc. announced the resignation of Scott Belsky, Chief Strategy Officer, effective March 15, 2025, as he pursues other opportunities. Additionally, Adobe’s Executive Compensation Committee approved the 2025 Performance Share Program aimed at enhancing stockholder value and attracting talent, with performance shares tied to stockholder return and sales goals over a three-year period. This program is designed to align executive interests with those of stockholders and serves as a retention mechanism. The committee also approved the 2025 Executive Annual Incentive Plan to drive revenue growth, profitability, and strategic priorities, with cash bonuses tied to revenue and earnings per share targets.
More about Adobe
Adobe Inc. operates in the software industry, focusing primarily on creative, digital media, and marketing solutions. Its primary products include software for creative professionals, digital marketing tools, and document management solutions, catering to industries ranging from media to business and government sectors.
YTD Price Performance: 0.15%
Average Trading Volume: 3,905,294
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $192.8B
For a thorough assessment of ADBE stock, go to TipRanks’ Stock Analysis page.