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Tech — Software

Adobe Executive Compensation (FY25)

ADBE · San Jose, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): April 21, 2026
303 figures on this page: 294 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Shantanu Narayen, Chair of the Board and CEO, received $51,173,935 in total compensation for fiscal 2025, and Narayen's total was 2.3% lower than the $52,390,182 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 217:1, against median employee compensation of $235,989. The say-on-pay proposal drew 50.6% support at the meeting held April 15, 2026 for fiscal 2025. The disclosed peer group names Advanced Micro Devices, Inc., Airbnb, Inc., Alphabet Inc., Amazon.com, Inc. and Apple Inc., among others.
Chief executive, fiscal 2025
◇
Shantanu Narayen
Latest say-on-pay support
=
April 15, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Shantanu Narayen: $52,390,182 → $51,173,935 (2.3% lower)
CEO pay ratio: 250:1 → 217:1 (13.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Adobe's chief executive and what were they paid?
Shantanu Narayen, Chair of the Board and CEO, received $51,173,935 in total compensation for fiscal 2025. Narayen's total was 2.3% lower than the $52,390,182 reported for fiscal 2024.
What was Adobe's say-on-pay result?
The say-on-pay proposal drew 50.6% support at the meeting held April 15, 2026 for fiscal 2025.
Which companies are in Adobe's peer group?
The disclosed peer group names Advanced Micro Devices, Inc., Airbnb, Inc., Alphabet Inc., Amazon.com, Inc. and Apple Inc., among others.
What is Adobe's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 217:1, against median employee compensation of $235,989.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Shantanu Narayen
◇—◇—◇—◇◇
Daniel Durn
CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS
◇◇◇—◇—◇◇
David Wadhwani
PRESIDENT, DIGITAL MEDIA BUSINESS PRESIDENT, DIGITAL MEDIA BUSINESS PRESIDENT, DIGITAL MEDIA BUSINESS
◇◇◇—◇—◇◇
Scott Belsky
EXECUTIVE VICE PRESIDENT, DESIGN AND EMERGING PRODUCTS CHIEF STRATEGY OFFICER AND EXECUTIVE VICE PRESIDENT, DESIGN AND EMERGING PRODUCTS CHIEF STRATEGY OFFICER AND EXECUTIVE VICE PRESIDENT, DESIGN AND EMERGING PRODUCTS
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Shantanu Narayen
CHAIR OF THE BOARD AND CEO
◇—◇—◇—◇◇
David Wadhwani
PRESIDENT, DIGITAL MEDIA BUSINESS PRESIDENT, DIGITAL MEDIA BUSINESS PRESIDENT, DIGITAL MEDIA BUSINESS
◇◇◇—◇—◇◇
Anil Chakravarthy
PRESIDENT, DIGITAL EXPERIENCE BUSINESS PRESIDENT, DIGITAL EXPERIENCE BUSINESS PRESIDENT, DIGITAL EXPERIENCE BUSINESS
◇—◇—◇—◇◇
Daniel Durn
CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, FINANCE, TECHNOLOGY, SECURITY AND OPERATIONS
◇—◇—◇—◇◇
Scott Belsky
EXECUTIVE VICE PRESIDENT, DESIGN AND EMERGING PRODUCTS CHIEF STRATEGY OFFICER AND EXECUTIVE VICE PRESIDENT, DESIGN AND EMERGING PRODUCTS CHIEF STRATEGY OFFICER AND EXECUTIVE VICE PRESIDENT, DESIGN AND EMERGING PRODUCTS
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Shantanu Narayen
CHAIR OF THE BOARD AND CEO
◇—◇—◇—◇◇
Anil Chakravarthy
President, Digital Experience Business
◇—◇—◇—◇◇
David Wadhwani
President, Digital Media Business
◇—◇—◇—◇◇
Daniel Durn
Chief Financial Officer and Executive Vice President, Finance, Technology, Security and Operations
◇—◇—◇—◇◇
Scott Belsky
Chief Strategy Officer and Executive Vice President, Design and Emerging Products
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Shantanu Narayen
Chair of the Board and CEO
◇—◇—◇—◇◇
Anil Chakravarthy
President, Customer Experience Orchestration Business
◇—◇—◇—◇◇
David Wadhwani
President, Creativity and Productivity Business
◇—◇—◇—◇◇
Daniel Durn
CFO and Executive Vice President, Finance, Technology, Security and Operations
◇—◇—◇—◇◇
Louise Pentland
Chief Legal Officer and Executive Vice President, Legal and Government Relations
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Anil ChakravarthyPSU◇—————◇
Anil ChakravarthyPSU◇—————◇
Anil ChakravarthyPSU◇—————◇
Anil ChakravarthyRSU◇——◇——◇
Daniel DurnPSU◇—————◇
Daniel DurnPSU◇—————◇
Daniel DurnPSU◇—————◇
Daniel DurnRSU◇——◇——◇
David WadhwaniPSU◇—————◇
David WadhwaniPSU◇—————◇
David WadhwaniPSU◇—————◇
David WadhwaniRSU◇——◇——◇
Louise PentlandRSU◇——◇——◇
Shantanu NarayenPSU◇—————◇
Shantanu NarayenPSU◇—————◇
Shantanu NarayenRSU◇——◇——◇
Shantanu NarayenPSU◇—◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
David WadhwaniRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Anil ChakravarthyRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Daniel DurnRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Shantanu NarayenRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Louise PentlandRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Frank Calderoni
Lead independent director
◇◇————◇
Kathleen Oberg
◇◇————◇
Amy Banse
◇◇————◇
Dheeraj Pandey
◇◇————◇
Spencer Neumann
◇◇————◇
Laura Desmond
◇◇————◇
Melanie Boulden
◇◇————◇
Cristiano Amon
◇◇————◇
David Ricks
◇◇————◇
Daniel Rosensweig
◇◇————◇
Brett Biggs
◇—————◇
Shantanu Narayen served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Advanced Micro Devices, Inc. AMD
  • Airbnb, Inc. ABNB
  • Alphabet Inc. GOOGL
  • Amazon.com, Inc. AMZN
  • Apple Inc. AAPL
  • Autodesk ADSK
  • Broadcom Inc. AVGO
  • Cisco Systems, Inc. CSCO
  • Intuit INTU
  • Meta Platforms, Inc. META
  • Microsoft MSFT
  • Netflix, Inc. NFLX
  • NVIDIA Corporation NVDA
  • Oracle ORCL
  • Palo Alto Networks, Inc. PANW
  • PayPal Holdings, Inc. PYPL
  • Salesforce CRM
  • ServiceNow NOW
  • Snowflake Inc. SNOW
  • Uber Technologies, Inc. UBER
  • VMware VMW
  • Workday WDAY

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 15, 2026=◇◇◇
2024April 22, 2025=◇◇◇
2023April 17, 2024=◇◇◇
2022April 20, 2023=◇◇◇
2021April 14, 2022=◇◇◇
2020April 20, 2021=◇◇◇
2019April 9, 2020=◇◇◇
2018April 11, 2019=◇◇◇
2017April 12, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Adobe disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Adobe sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Adobe recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
303 figures on this page: 294 cited to the filing that reported them, 9 calculated from figures it prints.
294 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000796343-26-000101
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000796343-26-000043
    CEO Pay Ratio · Director Compensation for Fiscal Year · Director Compensation for Fiscal Year 2025 · Grants of Plan-Based Awards in Fiscal Year 202 · and 2 more sections
  3. 0001628280-25-019665
  4. 0000796343-25-000048
    Summary Compensation Table for Fiscal Years 2024, 2023 and 2022
  5. 0000796343-24-000086
  6. 0000796343-24-000051
    Summary Compensation Table for Fiscal Years 2023, 2022 and 2021
  7. 0000796343-23-000084
  8. 0000796343-23-000041
    Summary Compensation Table for Fiscal Years 2022, 2021 and 2020
  9. 0000796343-22-000123
  10. 0000796343-21-000106
  11. 0000796343-20-000085
  12. 0000796343-19-000091
  13. 0000796343-18-000088
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Velarion, “Adobe executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ADBE (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Adobe discloses

The companies named in ADBE's own disclosed peer group.

Advanced Micro Devices, Inc.Alphabet Inc.Amazon.com, Inc.Apple Inc.AutodeskBroadcom Inc.Cisco Systems, Inc.IntuitMeta Platforms, Inc.MicrosoftNVIDIA CorporationOraclePalo Alto Networks, Inc.PayPal Holdings, Inc.SalesforceServiceNowSnowflake Inc.Workday

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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