Adobe Appoints David Wadhwani as Executive Vice President and Chief Business Officer of Its Digital Media Business
June 02 2021 - 4:05PM
Business Wire
Adobe (Nasdaq:ADBE) today announced the appointment of David
Wadhwani as executive vice president and chief business officer,
Digital Media. In this role, Wadhwani will be responsible for the
success of Adobe’s global Digital Media business across Adobe
Creative Cloud and Adobe Document Cloud, including all product
marketing, strategic partnerships, customer support and
go-to-market across geographies, working closely with the Digital
Media Product organizations. He will report directly to Adobe
president and CEO Shantanu Narayen. Wadhwani previously served as
senior vice president and general manager of Adobe’s Digital Media
business from 2010 to 2015.
Everyone has a story to tell, and Creative Cloud is providing
everyone, from the student to the most demanding professional, with
the tools, platform and community to create and amplify their
stories. In a world where work needs to be done from anywhere and
with anyone, Document Cloud is accelerating document productivity,
redefining how people view, edit, share, scan and sign documents
across every surface.
By delivering continuous product innovation, executing a
rigorous data-driven digital business and expanding into new
categories, geographies and customer segments, Creative Cloud and
Document Cloud target an addressable market that Adobe estimates to
be approximately $62 billion by 2023.
“We’re thrilled to welcome David back to Adobe to lead our
Digital Media business. He is a transformational leader with an
exceptional record of operational excellence, innovation and
growth,” said Shantanu Narayen, president and CEO, Adobe. “David’s
extensive experience, impressive track record and passion for Adobe
and our customers make him the ideal choice to lead the explosive
creativity and document categories through their next phase of
growth.”
“I’m excited to return to Adobe at a time when digital content
is becoming the foundation of expression and engagement for
everyone, from individual artists, storytellers and business
owners, to the largest global brands,” said David Wadhwani.
“Creative Cloud and Document Cloud are helping millions around the
world express themselves and digitize their workflows in innovative
ways. The tailwinds in Adobe’s Digital Media business are immense,
and I look forward to leveraging this moment to deliver even more
value to our customers.”
Wadhwani returns to Adobe from Greylock Partners where he is a
Venture Partner. Prior to joining Greylock, he was president and
CEO of AppDynamics, leading the company as it transformed to a
SaaS-first business and grew annual recurring revenue approximately
10 times in four years. Cisco acquired AppDynamics in 2017 for
nearly $4 billion.
As senior vice president and general manager of Adobe’s Digital
Media business from 2010 to 2015, Wadhwani played an instrumental
role in advancing the company’s category leadership, expanding into
new markets and contributing to its successful transformation to a
cloud-based subscription business. He joined Adobe in 2005 through
the company’s acquisition of Macromedia, Inc., where he had been
vice president of developer products. Wadhwani holds a bachelor’s
degree in computer science from Brown University and serves on the
Brown computer science department advisory board. David is on the
digital advisory board for the Metropolitan Museum of Art and on
the Board of Trustees for StoryCorps and the Fine Arts Museums of
San Francisco.
About Adobe
Adobe is changing the world through digital experiences. For
more information, visit www.adobe.com.
© 2021 Adobe. All rights reserved. Adobe and the Adobe logo are
either registered trademarks or trademarks of Adobe in the United
States and/or other countries. All other trademarks are the
property of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20210602006021/en/
Public relations contact Ashley Levine aslevine@adobe.com
Investor relations contact Jonathan Vaas ir@adobe.com
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