Adobe Appoints Scott B. Freeman to Board of Directors
Ticker: ADBE · Form: 8-K · Filed: Jul 18, 2024 · CIK: 796343
| Field | Detail |
|---|---|
| Company | Adobe Inc. (ADBE) |
| Form Type | 8-K |
| Filed Date | Jul 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, governance
Related Tickers: DIS
TL;DR
Adobe adds Disney's ex-GC, Scott Freeman, to its board as a Class II Director.
AI Summary
Adobe Inc. announced on July 18, 2024, that its Board of Directors elected Scott B. Freeman as a Class II Director, effective July 12, 2024. Freeman will serve on the Audit Committee and the Nominating and Corporate Governance Committee. He previously served as General Counsel and Corporate Secretary at The Walt Disney Company.
Why It Matters
The addition of a director with significant legal and corporate governance experience from a major entertainment company like Disney could signal a focus on strategic oversight and risk management for Adobe.
Risk Assessment
Risk Level: low — This filing is a routine board appointment and does not involve any significant financial transactions or operational changes.
Key Players & Entities
- Adobe Inc. (company) — Registrant
- Scott B. Freeman (person) — Newly elected Class II Director
- The Walt Disney Company (company) — Former employer of Scott B. Freeman
- July 12, 2024 (date) — Effective date of election
- July 18, 2024 (date) — Date of report
FAQ
Who is Scott B. Freeman and what is his background?
Scott B. Freeman is a newly elected Class II Director for Adobe Inc. He previously served as General Counsel and Corporate Secretary at The Walt Disney Company.
When was Scott B. Freeman's election effective?
Scott B. Freeman's election as a Class II Director was effective July 12, 2024.
What committees will Scott B. Freeman serve on?
Scott B. Freeman will serve on the Audit Committee and the Nominating and Corporate Governance Committee.
What is Adobe Inc.'s principal executive office address?
Adobe Inc.'s principal executive offices are located at 345 Park Avenue, San Jose, California 95110-2704.
What is the filing date of this Form 8-K?
This Form 8-K was filed as of July 18, 2024.
Filing Stats: 476 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-07-18 16:15:45
Key Financial Figures
- $0.0001 — ange on Which Registered Common Stock, $0.0001 par value per share ADBE NASDAQ Global
Filing Documents
- adbe-20240712.htm (8-K) — 22KB
- 0000796343-24-000173.txt ( ) — 169KB
- adbe-20240712.xsd (EX-101.SCH) — 2KB
- adbe-20240712_def.xml (EX-101.DEF) — 13KB
- adbe-20240712_lab.xml (EX-101.LAB) — 25KB
- adbe-20240712_pre.xml (EX-101.PRE) — 15KB
- adbe-20240712_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADOBE INC. Date: July 18, 2024 By: /s/ Dana Rao Dana Rao Executive Vice President, General Counsel & Chief Trust Officer and Corporate Secretary 3