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Adobe's Narayen to Take Over CEO Post

By Staff Published on .

Adobe COO Shantanu Narayen is taking over as CEO, replacing Bruce Chizen on Dec. 1, according to PaidContent. Chizen will remain on the board through spring and will advise the company through 2008. The company’s Flash technology, which powers Web video across the Internet, faces new competition from Microsoft’s Silverlight product.
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