Adobe India MD Naresh Gupta has decided to leave the company after 19 years, to start a venture of his own.
Adobe said that Gupta will be leaving at the end of March. The company yet to announce the successor to Gupta in India.
The R&D operation in India comprises more than 3,000 employees across two sites, Bengaluru and Noida, and contributes to engineering across all of Adobe’s businesses.
Following Gupta’s transition, the Print and Publishing business unit will report to Adobe’s executive vice president of field operations, Matt Thompson. Other local product teams will report directly into their respective Adobe business units.
Gupta said, “Leaving Adobe has been the toughest decision of my life; the company is growing and is going through the strongest period I’ve seen in my career here. However, I am excited to pursue my passion for entrepreneurship in financial markets.”
Narayen said India remained a very strategic innovation site. “We will unveil new research facilities in both Noida and Bengaluru this spring to support our future growth,” he said.
Gupta joined Adobe in 1996 and founded Adobe’s R&D operation in India in 1997, originally in Noida and later adding Bangalore through Adobe’s acquisition of Macromedia in 2005. In addition to his leadership of the India R&D operation, he has led Adobe’s Print and Publishing business unit, overseeing product marketing and development for Adobe’s print, Web publishing and eLearning tools such as Adobe eLearning Suite and Adobe Technical Communication Suite software.