AppDynamics founder Jyoti Bansal (left) and CEO David Wadhwani (right).
Business Wire
By Barb Darrow
September 29, 2015

Well that didn’t take long.

Former Adobe (ADBE) digital chief David Wadhwani left that company last week “to pursue a CEO opportunity,” and sure enough, he is now the chief executive of AppDynamics, a startup that makes software to monitor the performance of business applications. The switch happened so quickly that Adobe still hosts a bio page for Wadhwani and lists him on its leadership page.

Wadhwani, who joined Adobe 10 years ago from Macromedia, led the company’s digital media group, which encompasses its “creative, web, digital publishing, and document exchange technologies.” That includes photo-editing favorite Photoshop, Illustrator, and other Creative Cloud applications popular with designers, illustrators, photographers, and other publishing professionals.

Wadhwani will replace AppDynamics founder Jyoti Bansal in the role. Bansal will become executive chairman and chief strategist of the company. AppDynamics is valued highly enough by its investors to secure a spot on Fortune’s Unicorn List of billion-dollar private startups.

Founded in 2008, the San Francisco company competes with other well-known business software companies—startups like New Relic as well as corporations like BMC, and CA.

“With David as my partner focused on scaling the company, I can focus on driving the company’s vision, strategy and innovation agenda as we expand into new categories and new markets,” Bansal said in a statement. “David brings a wealth of experience in operational excellence at scale, and I couldn’t have asked for a better partner to help shape this next phase of our journey.”

For more on unicorns, and whether they are an endangered species, check out this video.

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