Adobe Systems today officially announced that its Board of Directors has “appointed current president and chief operating officer Shantanu Narayen as its president and chief executive officer, effective December 1, 2007. Narayen will also join Adobe’s Board of Directors at that time. Narayen replaces Adobe CEO Bruce Chizen, who will serve the remainder of his term on Adobe’s Board of Directors through the Spring of 2008 and continue in a strategic advisory capacity through the end of fiscal year 2008.”