For the first time, Adobe joined the ranks of leading companies on the Fortune 500 list, debuting at No. 443. We are one of 20 newcomers to the list, alongside Tesla and Nvidia. Often referred to as a benchmark of business success, the Fortune 500 has been tracking and ranking companies for 63 years, compiling an annual look at the most successful, innovative corporations in the U.S. This year, the list represents two-thirds of the U.S. GDP at $12 trillion in revenues, and more than 28.2 million employees around the world.
In his opening letter for this year’s Fortune 500 issue, executive editor Adam Lashinsky mentioned Adobe’s business moves and recognized our CEO Shantanu Narayen for his leadership: “Adobe has worked hard to convert its software line to a subscription business, a tedious, painful and scary transition that nonetheless has worked. I also was startled to see that Narayen has been CEO of Adobe for a decade. That’s quite an accomplishment for any CEO, particularly one in an industry that changes as rapidly as Adobe’s. Narayen’s example is a reminder that while digital disruption is hugely relevant, so is leadership.”
Check out our profile in Fortune here.