Omniture founder and CEO Josh James, who sold his web analytics company to Adobe last September for $1.8 billion, is leaving the company at the end of the month.

Here’s the specific comments in the official Adobe press release:

Brad Rencher, who previously served as vice president of business operations for the Omniture BU (OBU), has been promoted to vice president and general manager, also reporting to Narayen. Rencher succeeds Josh James, founder and former CEO of Omniture, who will leave his post as senior vice president of the OBU at the end of July 2010.

“With Omniture, Josh built the industry’s first integrated online marketing suite as an intelligent platform to optimize online business initiatives. Further, he provided the leadership to ensure that we exceeded our timelines and milestones for the integration of Omniture into Adobe,” said Narayen. “In fact, Omniture’s business has never been stronger and now accounts for about 10 percent of Adobe’s revenue. This is due, in large part, to Josh’s leadership and we’re grateful for his contributions.”

Under Rencher’s leadership, the OBU will expand to include Adobe’s Scene7® rich media solutions, which, combined with Omniture’s tracking and analytics solutions, will empower online marketers, advertisers and retailers to deliver more impactful user experiences and business results.

“Brad played a key role integrating Omniture into Adobe’s business during the past nine months,” said Narayen. “The business has continued to perform exceptionally well and we see increasing momentum with the Online Marketing Suite, which is expanding our relationships with key customers. Under Brad’s leadership, we have the opportunity to provide even more complete solutions for our customers in these segments.”

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