ProxyMiner / Company

ADOBE INC.ADBE

Latest proxy: 2026 · view on SEC ↗ · CIK 0000796343

CEO total pay

$51,173,935

Shantanu Narayen · 2025

Say on pay

80%

Latest disclosed shareholder vote

CEO pay ratio

CD&A

217 to 1

Median employee: $235,989

Compensation committee

CD&A

Executive Compensation Committee

Per the latest proxy

Filings indexed: 3 · 2026 · 2025 · 2024

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
Shantanu Narayen2025 compensation
CHAIR OF THE BOARD AND CEO
$51,173,935 2%
95% at-risk
$1,500,000$45,376,110$3,120,000$1,177,825
Daniel Durn2025 compensation
CFO AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS
$16,302,026 5%
94% at-risk
$900,000$14,443,742$936,000$22,284
Anil Chakravarthy2025 compensation
PRESIDENT, CUSTOMER EXPERIENCE ORCHESTRATION BUSINESS
$17,790,824 5%
95% at-risk
$800,000$15,900,898$1,040,000$49,926
David Wadhwani2025 compensation
PRESIDENT, CREATIVITY AND PRODUCTIVITY BUSINESS
$17,786,584 5%
95% at-risk
$800,000$15,900,898$1,040,000$45,686
Louise Pentland2025 compensation
Named executive officer
$15,588,584
96% at-risk
$403,846$12,532,771$415,714$236,253

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

This Compensation Discussion and Analysis provides information regarding our executive compensation programs during fiscal year 2025 for the following executive officers of Adobe: Shantanu NarayenDaniel DurnAnil ChakravarthyDavid WadhwaniLouise PentlandChair of the Board and CEOCFO and Executive Vice President, Finance, Technology, Security and OperationsPresident, Customer Experience Orchestration Business(1)President, Creativity and Productivity Business(1)Chief Legal Officer and Executive Vice President, Legal and Government Relations ________________________ (1)During fiscal year 2025 and until January 2026, Mr. Chakravarthy served as President, Digital Experience Business and Mr. Wadhwani served as President, Digital Media Business. In January 2026, Mr. Chakravarthy was named President, Customer Experience Orchestration Business and Mr. Wadhwani was named President, Creativity and Productivity Business. These executive officers are referred to in this Compensation Discussion and Analysis and in the accompanying compensation tables as our NEOs. This Compensation Discussion and Analysis describes the material elements of our executive compensation programs for our executive offi

Read the full CD&A on SEC.gov ↗

Peer comparison

Who they benchmark against

  • 2025 Peer Group

    15 members

    AMAZON COM INC · ADVANCED MICRO DEVICES INC · Airbnb, Inc. · Apple Inc. · Autodesk, Inc. · Broadcom Inc. · CISCO SYSTEMS, INC. · INTUIT INC. · …

Governance

Policy guardrails

  • hedging

    prohibited

    Insider Trading Policy explicitly prohibits any director or employee, including our NEOs, from hedging their equity ownership in Adobe by engaging in short sales or trading in any derivatives involving Adobe securities

  • pledging

    prohibited

    Our Insider Trading Policy prohibits all employees and officers from pledging shares, engaging in short sales or hedging transactions involving Adobe’s securities.

  • clawback

    present

    clawback policy

  • stock ownership guidelines

    present

    Stock Ownership Guidelines

  • change in control

    Change of Control and Severance

    Change of Control and Severance

  • compensation consultant

    independent

    independent compensation consultant and management

  • compensation committee

    Executive Compensation Committee

    Finally, it analyzes how and why the Executive Compensation Committee of our Board (the “Committee”) made its compensation decisions for our executive officers, including our NEOs, in fiscal year 2025

Performance markers

Metric facts

  • relative tsr

    28th percentile

    With the above TSR performance, our percentile rank among the 96 companies against whom relative TSR performance was compared as of December 31, 2025 was at the 28th percentile.

  • revenue

    $23.77 billion

    to achieve a payout of 100%. The performance required for 100% payout was set above the midpoint of the fiscal year 2025 public guidance provided by the Company in December 2024 and above the 2024 Executive Annual Incent

  • annual incentive payout

    6%

    ANNUAL CASH INCENTIVE PLAN104%payout under our 2025 Cash Incentive Plan, following a 6% downward Strategic Performance Adjustment to the Financial Performance Result of 110%.LONG-TERM EQUITY INCENTIVES 2023 PSP Relative

  • time equity mix

    100%

    A substantial percentage (70%) of the long-term equity awards mix continuing to be performance-based awards, with the remainder (30%) continuing to be time-based RSUs vesting ratably over four years, to maintain the heav

  • say on pay

    80%

    At our 2025 Annual Meeting, approximately 80% of the votes cast approved, on an advisory basis, our fiscal year 2024 NEO compensation.

  • ceo pay ratio

    217 to 1

    date fair value for the entirety of the performance shares granted to our CEO under the 2025 PSP and includes a portion of the grant date fair value of performance shares granted to our CEO under the 2024 and 2023 PSPs,

  • median employee compensation

    $235,989

    economic position. Therefore, Messrs. Chakravarthy’s and Wadhwani’s payments are subject to a reduction, and Mr. Chakravarthy would receive a reduced severance payment and Mr. Wadhwani would not receive a severance payme

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