Adobe Names Anil Chakravarthy New Chief Executive
Adobe has appointed Anil Chakravarthy as its new chief executive officer. Long-time leader Shantanu Narayen will transition to the role of executive chair. The leadership change comes as the company navigates growing competition in artificial intelligence.
Xurve View
Insights:
Xurve View
ADOBE INC named Anil Chakravarthy as CEO on Thursday, succeeding long-time leader Shantanu Narayen to combat emerging AI rivals. Narayen transitions to executive chair after an 18-year tenure leading the design software giant. The leadership handover follows an 18% decline in Adobe shares this year amid broader software sector pressures.
