https://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayenContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayenhttps://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayen#u60356Mon, 07 Sep 2026 17:55:38 +0000Anil Chakravarthy will become president and CEO of Adobe on December 1, 2026. He succeeds Shantanu Narayen, who led the company for 18 years and will transition to executive chair. The leadership change follows a 7% drop in share price as the 25B software company manages AI disruption and shifts focus toward customer experience orchestration. Chakravarthy, a graduate of IIT Varanasi, previously managed the company's customer experience orchestration efforts.Why it mattersThe transition occurs as Adobe integrates AI into its software suite to counter market pressures. Narayen's move t https://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayenhttps://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayen#u58196Sat, 05 Sep 2026 14:40:35 +0000Adobe will appoint Anil Chakravarthy as president and CEO on December 1, 2026. Chakravarthy previously led the company's customer experience orchestration efforts. He succeeds Shantanu Narayen, who has led the company for 18 years and will move into the role of executive chair. The transition occurs as Adobe shifts its focus more heavily toward customer experience orchestration and manages an AI-driven transformation of its software suite. Market reaction to the leadership change was negative, resulting in a drop in the company's stock price.Why it mattersThe appointment marks a shif https://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayenhttps://www.live-feeds.com/feed/adobe-names-anil-chakravarthy-as-ceo-replacing-shantanu-narayen#u57371Fri, 04 Sep 2026 21:50:19 +0000Adobe has appointed Anil Chakravarthy as its next president and CEO, effective December 1, 2026. He succeeds Shantanu Narayen, who will transition into the role of executive chair. The leadership change occurs as Adobe manages an AI-driven transformation of its software. Market reaction to the announcement was negative, with reports from MarketWatch and Barron's indicating that the company's stock price dropped following the news.Why it mattersShantanu Narayen has led Adobe for more than 18 years. This transition marks a shift in leadership during a period of significant industry cha