Several senior Adobe executives are to leave the company after the merger with Macromedia completes.
In a filing with the US Securities and Exchange Commission, Adobe revealed that five current Macromedia executives will join the company as three of its existing executives leave.
Adobe imaging chief quits
Resignations from Adobe include: 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.
Macromedia chief executive Stephen Elop; chief software architect Kevin Lynch; Tom Hale, Breeze product manager; David Mendels and Al Ramadan will join Adobe.
Adobe's reorg reveal
Adobe plans to reorganize into business units focused on enterprise and developers, knowledge workers, creatives, and mobile and device providers, according to iWon.
Adobe shares closed at $29.28 last night, while Macromedia shares remain valued at $39.98.