Adobe Appoints Mike Cannon to Its Board of Directors; President and CEO of Solectron Further Strengthens Board's Leadership.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Dec. 3, 2003 Adobe Systems Adobe Systems Incorporated (pronounced a-DOE-bee IPA: /əˈdoʊbiː/) (NASDAQ: ADBE) (LSE: ABS) is an American computer software company headquartered in San Jose, California, USA. Incorporated (Nasdaq:ADBE ADBE Adobe Systems, Inc. (stock symbol) ) today announced the appointment of Mike Cannon to its board of directors. Cannon is president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Solectron Corporation, an $11 billion global manufacturing and supply chain management services company. Cannon brings more than 25 years of operations and technology experience to his role as an Adobe board member. Before joining Solectron, he spent six years as president and CEO of Maxtor Corporation, a leading global provider of hard disk drives and storage systems. During this time, he drove a significant increase in the company's revenues, built Maxtor into an industry leader and diversified the company's business through a strategy of internal and acquisition-related growth. Prior to Maxtor, Cannon held senior management positions with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) and Control Data Corporation's Imprimis IMPRIMIS. In the first place; as, imprimis, I direct my just debts to be paid. See Item. Technology spin-off. "Mike's track record of managing and growing large technology operations provides an important perspective to Adobe's board of directors," said Bruce Chizen, president and CEO of Adobe. "As we build out our core solution platforms and related business strategies, Mike will help drive decisions that serve the best interests of our customers and shareholders. His engineering, operations and executive management background complements the other board members and their individual areas of expertise." Cannon joins the existing members of Adobe's board of directors, including: John E. Warnock, co-chairman of the board; Charles M. Geschke, co-chairman of the board; Bruce R. Chizen, president and chief executive officer; Carol Mills Baldwin, independent consultant; James E. Daley, retired, executive vice president, Electronic Data Systems Corporation; Colleen M. Pouliot, attorney; Robert Sedgewick, professor of Computer Science, Princeton University; and Delbert Yocam, independent consultant. Cannon studied mechanical engineering at Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. and completed the Advanced Management Program at Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . He will begin serving on Adobe's board in December 2003. About Adobe Systems Incorporated Adobe helps people and businesses communicate better through its world-leading digital imaging, design and document technology platforms for consumers, creative professionals and enterprises. Adobe's revenue in the last fiscal year exceeded $1 billion. For more information about Adobe, visit www.adobe.com. Adobe and the Adobe logo are registered trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners. |
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