Adobe's Charles Geschke stepping down

Adobe Systems (Nasdaq: ADBE) easily topped analyst estimates in the fourth quarter. After market close Thursday, the vendor of graphics and publishing software reported net income of 46 cents per share, excluding one-time events. First Call's survey of a dozen analysts predicted a profit of 42 cents per share for the quarter ended Dec. 3. Also Thursday, Adobe said company co-founder Charles Geschke would step down as president at the end of March. John Warnock, chairman, CEO and co-founder of Adobe, will add the presidential role to his current duties. Geschke will remain on the board, the company said. Full story. -- Sergio G. Non, ZDII Adobe Systems (Nasdaq: ADBE) easily topped analyst estimates in the fourth quarter. After market close Thursday, the vendor of graphics and publishing software reported net income of 46 cents per share, excluding one-time events. First Call's survey of a dozen analysts predicted a profit of 42 cents per share for the quarter ended Dec. 3. Also Thursday, Adobe said company co-founder Charles Geschke would step down as president at the end of March. John Warnock, chairman, CEO and co-founder of Adobe, will add the presidential role to his current duties. Geschke will remain on the board, the company said. Full story. -- Sergio G. Non, ZDII