back to article Adobe shareholders sign off on exec raises, with CEO Shantanu Narayen winning a plush $7m pay rise

Adobe shareholders have approved an executive compensation package that handed CEO Shantanu Narayen a $7m pay bump during fiscal 2020, according to SEC documents. The non-binding (and retrospective) vote was necessitated by the 2010 Dodd-Frank Act, which reformed financial regulation on a federal level, and required publicly …

  1. Version 1.0 Silver badge
    Facepalm

    Working 281 times harder than most employees?

    "... Narayen's compensation was 281 times that of the median employee..."

    But in fact he's just making most employees work 281 times harder than he does. If you're an Adobe user and have a problem will he help? You're told to search the Internet for answers, so you need to do the work yourself ... that will give him a little ($7m) more next year.

  2. Chris Coles

    Used to be Nine Times average wage

    All this report shows is the lack of competition; where in the now long distant past, executives were quite happy to take home an average of nine times the average pay of their employees.

    1. Jimmy2Cows Silver badge

      Re: executives happy to take home an average of nine times average pay of employees

      The decent employees were probably paid better, too. Then outsourcing started a race to the bottom for salaries. Which all helps the company bottom line, so the C suite and shareholders don't give a damn.

  3. dick@ntcom.co.uk

    Earned?

    You say he "earned" the amazing pay-off. Surely that is bending the term earned beyond any reasonable acceptance. Perhaps El Reg's style book can be updated to ban earned and replace it with received?

    1. Jimmy2Cows Silver badge
      Trollface

      Re: Earned?

      How dare you suggest this man isn't worth this excess as compensation for his grand strategy and supreme vision!

      Clearly he personally does all the work, planning, development, testing, marketing, maintenance, IT, cloud infrastructure design and management, HR, and everything else that makes a mega-corp tick, all of which has led to this year's $5B+ profit, so he clearly deserves this fat payout.

      It's got absolutely nothing to do with forcing all your customers to a subscription model because there's no realistic competion, and/or the cost to migrate is too great for many customers to bear, then sitting back and doing fuck all of value while the cash rolls in.

      Why should the ants scurrying beneath his feet see any of that phat wad. They're just worthless minions, a huge cost sink, and sooner they can be replaced with the cheapest possible labour regardless of output quality, the better.

      </sarc> (in case it wasn't immediatly obvious)

      1. Anonymous Coward
        Anonymous Coward

        Re: Earned?

        Dude you just described capitalism

        It just amazes me that govs get worried when companies get too large, when this end result is a natural part of their chosen system

        Welcome to the world thats full of stupid cunts, basically, always cherry picking ideals that suit themselves, while ridiculing anything they don't like

        If you think the corporate world is a shitshow, take a peep at gov, where the only objective of that little charade is to steal from the public purse without the plebs noticing.

        Thats the true meaning of democracy, its just nobody told you

  4. Anonymous Coward
    Anonymous Coward

    If all the shareholders in the world were to suddenly die

    Would we miss them and their ‘talents’?

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