Adobe CEO Shantanu Narayen is stepping down after 18 years—as pressure on the company mounts to deliver on AI

Adobe is searching for a new chief executive after CEO Shantanu Narayen said Thursday that he plans to step down after 18 years in the role. Narayen announced that he will step down once a successor is appointed. He will remain chair of the board. “Over the coming months, I will be working with Frank Calderoni, our lead director, and the board of directors to identify my successor and to ensure a smooth transition,” Narayen said in a memo to employees. On Thursday after the bell, Adobe reported financi ...

Adobe CEO Shantanu Narayen is stepping down after 18 years—as pressure on the company mounts to deliver on AI - Reportify