Adobe taps Anil Chakravarthy as CEO to steer through AI headwinds
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.