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Pfizer names Adobe CEO Narayen as a director

NEW YORK (AP) -- Pfizer has named Adobe Systems Inc. President and CEO Shantanu Narayen as one of its board members.

The world's second-biggest drug maker said Monday that Narayen's appointment was effective on Friday.

Narayen, 50, also was named to New York-based Pfizer Inc.'s corporate governance and science and technology committees.