Adobe Lures Loiacono From Sun
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In an executive coup, Adobe Systems has lured Sun Microsystems' software head John Loiacono to run its creative software portfolio, which includes Photoshop and Flash.
Loiacono will become senior vice president of Creative Solutions, leading the graphics software power's design, Web, imaging, video and audio business.
This includes brands such as Adobe Creative Suite, Macromedia Studio, Adobe InDesign, Adobe Premiere Pro, Adobe Illustrator, Macromedia Flash Professional and Macromedia Dreamweaver.
A 20-year Sun veteran, Loiacono most recently served as executive vice president of software, propelling the company's Solaris operating system, Java Enterprise System suites, Java developer tools and Star Office.
A Sun spokesperson said Loiacono's last day will be March 24.
Sun has begun a search of internal and external candidates to replace Loiacono. Sun President and COO Jonathan Schwartz will assume Loiacono's responsibilities until a replacement is found.
"We thank John for his many contributions to Sun and wish him well in his new endeavor," the Sun spokesperson said in an e-mail.
For Adobe, the move is another sign the company is looking to expand its Adobe Engagement Platform, which blends Adobe PDF files and the Flash multimedia software Adobe acquired when it purchased Macromedia last year.
Adobe aims to use the mix of digital document software and digital media to deliver eye-catching documents to users through desktops, laptops and mobile devices.
Loiacono will help steer the company on this path.
"With John's leadership we will continue to innovate across the creative markets to deliver integrated suites that simplify workflows, while at the same time delighting our customers with cutting-edge new product features that keep our software ahead of the competition," said Adobe President and COO Shantanu Narayen in a statement.
Loiacono will report to Narayen at Adobe's headquarters in San Jose, Calif.
The executive is the latest to depart from Sun, which has had a revolving door of high-ranking officials come and go.
Execs seem to return to the Sun fold almost as much as they leave.
On Monday, Peder Ulander, once the top marketing executive for Sun's desktop solutions group, will rejoin Sun after a stint at MontaVista Software.
Last month, Michael Lehman rejoined Sun as CFO, replacing Steve McGowan, who retired. Lehman had been CFO at Sun from 1998 to 2002.
Two years ago, Sun co-founder Andy Bechtolsteim rejoined Sun when the company acquired his startup, Kealia. The engineer went on to develop the company's Opteron-based Galaxy servers.