Adobe Systems CEO Shantanu Narayen's 2022 pay slips 13% to $32M
Adobe Systems reports 2022 executive compensation
By ExecPay News
Published: March 3, 2023
Adobe Systems reported fiscal year 2022 executive compensation information on March 3, 2023.
In 2022, five executives at Adobe Systems received on average a compensation package of $15M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Adobe Systems
Shantanu Narayen, Chief Executive Officer, received $32M in total, which decreased by 13% compared to 2021. 86% of Narayen's compensation, or $27M, was in stock awards. Narayen also received $2.7M in non-equity incentive plan, $1.4M in salary, as well as $344K in other compensation.
For fiscal year 2022, the median employee pay was $170,679 at Adobe Systems. Therefore, the ratio of Shantanu Narayen's pay to the median employee pay was 185 to one.
Daniel Durn, Chief Financial Officer, received a compensation package of $13M, which decreased by 58% compared to previous year. 64% of the compensation package, or $8.5M, was in stock awards.
David Wadhwani, President, Digital Media Business, earned $12M in 2022, a 41% decrease compared to previous year.
Anil Chakravarthy, President, Digital Experience Business, received $10M in 2022, which decreases by 6% compared to 2021.
Scott Belsky, Chief Strategy Officer and Executive Vice President, Design and Emerging Products, earned $9.9M in 2022, a 17% increase compared to previous year.
Adobe Systems' fiscal year ends on December 2.
Related executives
Shantanu Narayen
Adobe Systems
Chief Executive Officer
Daniel Durn
Adobe Systems
Chief Financial Officer
Anil Chakravarthy
Adobe Systems
President, Digital Experience Business
David Wadhwani
Adobe Systems
President, Digital Media Business
Scott Belsky
Adobe Systems
Chief Strategy Officer and Executive Vice President, Design and Emerging Products
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Source: SEC filing on March 3, 2023.