Adobe CEO Resigns

What could be the reason behind the immediate Adobe’s CEO, or should we say former CEO, to resign?

What better time to be CEO of a company? Adobe has just swallowed its arch-nemesis, is enjoying unprecedented growth in sales and revenues from its overflowing product portfolio and is on the verge of providing us with the most cutting-edge technologies such as Adobe AIR and PhotoShop Web2.0?

Fifty two years old doesn’t seem to be a terribly old for a CEO to resign but that is precisely what Bruce Chizen has done. He cited ‘personal reasons’ for his decision to leave. It seems unconvincing. Why now when the battle with Microsoft hasn’t even begun? Could this be a sign of bad things to come for the venerable software maker?

Effective Dec. 1 Shantanu Narayen, COO of Adobe shall assume the CEO seat.