This is a major milestone for Adobe. Chizen leaves on a high note, in any case.
Adobe Systems Inc. announced a change to its top leadership at a critical time, as the software maker begins to adapt to new ways that people are using the Web.
The company said Bruce Chizen will leave as chief executive at the end of this month, to be succeeded on Dec. 1 by Shantanu Narayen, Adobe's president and chief operating officer. Mr. Chizen will serve the rest of his term on Adobe's board, until the spring of 2008, and will act as an adviser to the company until Nov. 28, 2008.
Mr. Chizen said in an interview that he told Adobe's board last week that he wanted to step down after seven years as CEO.