The company has an internal replacement for Asia-Pacific lined up but will not announce the appointment until early next year, according to a spokesperson.
Phibbs, who held the position for eight years, will relocate from Sydney to London in January.
The company said that during Phibbs’ tenure, the region consistently delivered the fastest growth rates for Adobe globally. Phibbs, who has also held senior roles at Microsoft and IBM, led an "innovative marketing culture" within Adobe and was responsible for key programs including the pilot of a subscription model that became the foundation for the company’s cloud-based Creative Cloud Membership, the company said.
Phibbs expressed pride at creating "a culture of high performance and strong results in such a fast-paced and impressive region” and looks forward to a "whole new set of challenges and opportunities” in the EMEA region.