Adobe taps Anil Chakravarthy as CEO to steer through AI headwinds

TL;DR Summary
Adobe named Anil Chakravarthy its next president and CEO, replacing Shantanu Narayen, who will become executive chair. Chakravarthy will join the board and take the helm December 1; Narayen’s 18-year tenure ends as the company faces AI-disruption concerns and stock pressure, with David Wadhwani exiting.
- Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen CNBC
- Adobe Announces Anil Chakravarthy to Become President and CEO and Shantanu Narayen to Become Executive Chair on December 1, 2026 Adobe Newsroom
- Adobe just announced its next CEO. Here’s why its stock is dropping. MarketWatch
- Adobe Names Chakravarthy CEO to Lead Move Against AI Rivals Bloomberg.com
- Adobe Names Anil Chakravarthy as Chief Executive Amid AI Transformation WSJ
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