Shantanu Narayen, CEO of Adobe Systems Wiki: Net Worth, Salary, Family
Shantanu Narayan is one of the most illustrated and acclaimed personalities in the techno-cultural world. From representing his Indian nationality in the global sphere to providing a notable work as being the Chairman, President, and CEO of the Adobe systems, he was honored by India's Civilian Honor, Padma Shri in 2019.
Likewise, In 2018, he was ranked 12th by the Fortune Magazine in the 'Businessperson of the Year' List. Also, the Economic Times of India named him 'Global Indian of the Year,' the same year.
The Chairman and CEO of Adobe Systems, Shantanu Narayan was born on 27 May 1962 at Hyderabad, India in the affluent family. His mother was a professor of American literature whereas his father was the owner of the plastic company.
Shantanu Narayan receiving Padma Shri from Indian President Ram Nath Kovind in 2019 (Photo:superbhub.com)
His career prospect was to become a journalist but following his parent's advice, he completed his bachelor's degree in electronics and communication engineering from Osmania University.
After graduation, Shantanu moved to the USA and pursued his master's degree in Computer science from Bowling Green State University and an MBA degree from the Haas School of Business, University of California.
Wife and Children
Shantanu Narayan is married to Reni Narayan. The couple is blessed with two sons named Shravan (born in 1991) and Arjun (born in 1995).
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Shantanu first met Reni in Ohio state when he was pursuing his undergraduate degree in Electronic Engineering at Bowling Green State University. The duo fell for each other and later tied the wedding knot back in 1980.
Shantanu began his career journey working in a tech-giant company Apple where he accomplished some remarkable work. After that, he channeled his expertise and co-founded Pictra.Inc in 1996, innovating the concept of digital photo sharing over the web.
Then, after two years, he joined a Multinational software company Adobe Systems as a senior vice president of worldwide product research. And later serving as the executive vice president for the same post, Shantanu was promoted to the topmost post of CEO for the Adobe Inc. in December 2007.
He is also the global keynote speaker, who often shares his views and insights at industrial and academic events. He has five patents in his name and during the Obama administration, the former president appointed him as a member of his Management Advisory Board in 2011.
The estimated net worth of Shantanu Narayan is $170 million. Serving as the CEO and president of Adobe Inc, he reportedly enriched his fortunes by $28,397,528 as a total compensation in the closing of 2018. Out of it, he earned $1000,000 from his annual salary, $1,824,313 from the Bonus plus Non-EquityIncentive Comp, $25,539,764 from selling his stock and $33,451 as other types of compensation.
So in this ratio, he will be making $22.30 million in 5 years as stated by forbes.com.
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Shantanu has sold over 439,000 units of Adobe stock on 19 June 2014 which cost over $15,206,960. Likewise, he is still blessed with more than 449,626 units of Adobe stock in 2019.
Interesting Facts- The credit of launching the monthly subscription model called Creative Cloud for Adobe goes to Shantanu Narayan, which made a significant stride to double the profit of the company.