Significant changes in senior management have been confirmed at Adobe.
The company's executive vice president, finance and chief financial officer Murray Demo has resigned. A search for a replacement has begun. Demo "made a personal decision to leave Adobe in order to spend more time with his family," the company said.
Demo will leave the company at the end of March, but may stay with the company if a replacement executive hasn't been found by then. He has been with the company for nearly ten years, and the company describes his work there as "a significant contribution" to the firm.
"Murray has been a key member of Adobe's executive management team for five years, and his leadership and financial acumen will be greatly missed," said Adobe CEO Bruce Chizen.
The company has also appointed Peg Wynn as senior vice president of human resources and Garrett Ilg as president of Adobe Japan.
Welcoming Wynn, Chizen said: "Intellectual property and human talent are the lifeblood of Adobe. Our ability to attract and retain top talent is the basis for our success. We've been proud to keep company with Xilinx near the top of Fortune's annual list of the best companies to work for, where Xilinx ranked number five overall this year. Peg's deep experience will help drive the next phase of Adobe's growth as we combine forces with Macromedia."
Garrett Ilg, president of Adobe Japan, joins Adobe from BEA Systems, where he was senior vice president and head of Asia Pacific. He will report to Stephen Elop, Adobe president of worldwide field operations.
In October, an Adobe regulatory filing confirmed the departure of several key executives from the company.
Theresa Townsley, senior vice president of human resources and an Adobe veteran (since 1988); Bryan Lamkin, senior vice president of the digital imaging and video business unit, who has been with the company since 1992; and Ivan Koon, senior vice president of the intelligent documents business unit were all named as resignees once the Macromedia merger completes.