GoKawiilAdobe appoints Anil Chakravarthy as CEO to succeed Shantanu Narayen
Adobe announced that Anil Chakravarthy, currently president of its customer experience orchestration and worldwide field operations unit, will become the company's next president and CEO effective December 1. He replaces Shantanu Narayen, who is stepping down after leading Adobe for 18 years and will move into the role of executive chair to assist with the leadership transition.
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The leadership change comes as Adobe grapples with sustained investor skepticism about whether generative AI tools could erode demand for its creative and marketing software, a concern that has driven the stock down sharply over the past three years. Chakravarthy's background in customer experience and field operations suggests Adobe may be betting on deeper enterprise integration to defend its market position against AI-driven disruption.
- Anil Chakravarthy becomes Adobe's new president and CEO starting December 1.
- Shantanu Narayen, Adobe's CEO of 18 years, transitions to executive chair.
- The shift comes amid a multi-year stock decline driven by AI disruption fears.
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Published there as: “Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen”
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