ADOBE SYSTEMS INCORPORATED | Improve Executive Compensation Methodology at ADOBE SYSTEMS INCORPORATED

Status
Omitted
Previous AGM date
Resolution details
Company ticker
ADBE
Lead filer
Individual
Resolution ask
Adopt or amend a policy
ESG theme
  • Governance
ESG sub-theme
  • Remuneration or pay
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Technology
Company HQ country
United States
Resolved clause
Resolved: stockholders recommend that Adobe Inc. (our Company) include the CEO pay ratio factor to improve the executive compensation methodology
Supporting statement
Supporting Statement America’s ballooning executive compensation is not sustainable for the economy, and the increase of disparity of income has a direct negative impact on American social disorder. As shown in our Company’s 2025 Proxy Statement, there is no rational methodology to decide the executive compensation; thus we see the CEO pay unreasonably and irrationally jumped from $31,600,311 in 2022 to $44,932,578 in 2023 (+42%), then to $52,390,182 in 2024 (+17%) (p.58), while the stock price dropped half from $668 on 11/15/2021 to $338 on 10/14/2025. The executive compensation methodology is fundamentally flawed, particularly the very important and indicative factor CEO pay ratio 250 to 1 in 2024 (p.67) was intentionally excluded from the process deciding the executive compensation. The Executive Compensation Committee abandoned its duty by hiring an outside consultant firm to say what the Executive Compensation Committee wanted to hear (p.53). The CEO pay ratios of big Japanese and European companies are less than 25 to 1, and are about the same level of the CEO pay ratios of big American companies in the 1980s. The American corporate boards and executives have become a class of oligarchy, as defined by Aristotle, according to his _Politics_. In this great classic, Aristotle demonstrated that in a stable community (polis), the ratio of the rich citizen’s land to the poor citizen’s land should not be over 5 to 1. Human nature has not changed so much since Aristotle. American corporate governance cannot be derailed from human nature and human reason. The Company has the flexibility to reform the Executive Compensation Committee to include the CEO pay ratio factor to improve the executive compensation methodology.

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