Adobe Appoints Anil Chakravarthy as New CEO, Replacing Shantanu Narayen
Adobe has announced that Anil Chakravarthy will become its next chief executive officer on December 1. He succeeds Shantanu Narayen, who had previously announced his intention to step down from the role earlier this year. Chakravarthy most recently served as president of Adobe's customer experience orchestration and worldwide field operations. His appointment marks a leadership transition within one of the leading software companies in creative tools and digital experiences. Shares of Adobe fell approximately 2% during extended trading following the announcement.
Tickers: $ADBE
Topics: Adobe Leadership change