On the 20th of September, 2019, Steve Lucas announced his official exist from Adobe, declaring the day as his last working day. Lucas served as the CEO of Marketo for one year starting the time when it was acquired by Adobe Inc. for $4.75 billion.
In a LinkedIn post done on Thursday, Steve Lucas announced that his departure, which came one year following the landmark acquisition of Marketo by Adobe (which Lucas considered to be bittersweet).
Lucas gave no details about his decision to quit while he expressed his gratitude to the leadership at Adobe for the passion he felt while being an integral part of the senior leadership team at Adobe (which he had joined after the acquisition).
In a post, Lucas explained how being a part of a company strikes the personal cord of individuals as much as it influences them on a professional level. He elucidated that the word company originated from the French word ‘compagnie’ which conjectures ‘society, friendship’. He reiterated his gratitude towards the exemplary journey he had & the awesome opportunity to work with proficient people.
Steve Lucas served as CEO of Marketo for 3 years. He was appointed as CEO following Vista Equity’s purchase of the company in 2016.
Lucas had built up the office of Marketo in Denver where he resides. Marketo is a company based in San Mateo but has a large presence in Denver as well.
In an interview given to the Denver Business Journal in the year 2018, Lucas had stated that if there was a dent he could have made in the universe it would have been based on the hope that he could look back & say that he helped Denver become one of the great tech cities to be found anywhere.
The October of the year 2018, marked the acquisition of Marketo by Adobe in its largest acquisition that ever happened in history. Post the acquisition, Adobe marked its presence in Denver with 330 employees at a time.
Prior to the acquisition, Lucas had told the Business Journal that Marketo had plans to grow its Denver headcount to an amazing number of 500, which was more than its headquarters at San Mateo.
Adobe is the global leader in digital media & digital marketing solutions. Their creative marketing & document solutions empower everyone – from emerging artists to global brands to bring digital creations to life & deliver immersive, compelling experiences to the right set of people at the right time to get the best results. In short, Adobe envisions changing the world through digital experiences.
Marketo, an Adobe company offers the leading engagement platform that empowers marketers to build brand value, grow their revenue & prove their impact in the marketplace. Owing to its scalability, reliability & openness Marketo is a trusted platform for thousands of CMOs & has been consistently recognized as a pioneer in the innovation industry.