Adobe CEO Chizen to step down

CEO Bruce Chizen said Monday he would step down, and President and Chief Operating Officer Shantanu Narayen will replace him on Dec. 1.

Narayen will retain his title as Adobe's president and join its board in December, Adobe said. Narayen has been president and COO of the maker of the popular Photoshop, Flash and Acrobat programs for almost three years.
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