Adobe names Anil Chakravarthy as CEO to replace Shantanu Narayen, as shares drop 7% and AI disruption pressures the $25B software giant.

Adobe announced Anil Chakravarthy as its next CEO, replacing Shantanu Narayen, who announced his departure last March.

Link to: https://www.cnbc.com/2026/09/03/adobe-anil-chakravarthy-ceo.html

Anil Chakravarthy wins out in the tussle for top job.

Adobe names Anil Chakravarthy as CEO successor to Shantanu Narayen, who will become executive chair after more than 18 years leading the company.