Adobe Appoints Dan Durn Chief Financial Officer
October 01 2021 - 07:35AM
Business Wire
Adobe (Nasdaq:ADBE) today announced the appointment of Dan Durn
as executive vice president and chief financial officer (CFO),
effective October 18, 2021. Durn will assume the CFO role from
Adobe executive vice president and CFO John Murphy, who announced
his retirement earlier this year. Durn will report to Adobe
president and CEO Shantanu Narayen and will oversee Adobe’s
Accounting, Business Operations and Pricing, Financial Planning and
Analysis, Financial Reporting, Investor Relations, Internal Audit,
Payroll, Procurement, SEC Reporting, Tax, and Treasury
functions.
Durn joins Adobe from Applied Materials, where he has been CFO
since 2017. He has extensive expertise in global strategy,
financial planning and operations, and mergers and acquisitions,
and decades of experience in the technology industry. Durn was
previously executive vice president and CFO at NXP Semiconductors
N.V. following its merger with Freescale Semiconductor. Before
Freescale, Durn was CFO and executive vice president of finance and
administration at GlobalFoundries, and served as managing director,
head of mergers and acquisitions and strategy at Mubadala
Technology Fund. Prior to that, Durn was vice president of mergers
and acquisitions in the technology practice at Goldman Sachs &
Company.
Durn received his M.B.A. in Finance from Columbia Business
School and graduated from the U.S. Naval Academy with a B.S. in
Control Systems Engineering. He served in the Navy for six years,
reaching the rank of lieutenant.
“We’re excited to have Dan Durn join Adobe as Executive Vice
President and CFO,” said Shantanu Narayen, president and CEO,
Adobe. “Dan has decades of experience in the technology industry
and his extensive expertise in finance, operations and global
strategy make him the ideal choice to drive Adobe’s continued
growth and profitability.” Narayen added: “I’d like to thank John
Murphy for his many contributions to Adobe’s success and wish him
well in his retirement.”
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/20211001005168/en/
Public relations contact Ladan Herovi Adobe herovi@adobe.com
Investor relations contact Jonathan Vaas Adobe ir@adobe.com
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